In the wave of digital transformation, data has become one of the most valuable assets for enterprises. Recently, Beijing Longan (Guangzhou) Law Firm has successfully helped Guangzhou Jiancai Supply Chain Management Co., Ltd. and Zhuozhi Technology Group complete the milestone process of recording their data assets based on the Global Data Source Center, thanks to its expertise in data compliance and asset management. These cases were reported by South China Metropolis Daily, and they are defined as “the first enterprises to record their data assets using digital economy public infrastructure.”
1. Significance of the Case: Opening a New Chapter in Data Assets The establishment of the Global Data Source Center has provided new ideas and models for the circulation of data elements, equity distribution, industrial ecosystem openness, and digital governance innovation. This successful case by Beijing Longan (Guangzhou) Law Firm not only brought substantial value and benefits to Guangzhou Jiancai Supply Chain Management Co., Ltd. and Zhuozhi Technology Group, but also laid the foundation for further data product transactions. By including data assets in financial statements, it helps enterprises better understand their data asset status, enabling them to obtain higher valuation and more financing opportunities in the capital market.
Page from South China Metropolis Daily report
2. Professional Value: Longan Guangzhou Empowers Enterprises to Record Data Assets In this project, Beijing Longan (Guangzhou) Law Firm demonstrated its expertise in the digital economy and data compliance field. Longan Guangzhou’s LEGAL team, based on its mature legal service product – “‘Data Elements ×’ Full-Process Compliance Support for Asset Recording” – provided professional assistance to enterprises in recording their data assets, ensuring compliance with data assets. It also helped enterprises establish a system for recording data resources, promoting the value assessment and financing of data assets, and providing strong legal support for enterprises’ digital transformation.
Legal Product Manual: “‘Data Elements ×’ Full-Process Compliance Support for Asset Recording”
3. Strategic Cooperation: Creating a Future of Data Assetization Led by the Nansha Development Zone Policy Research Office, a special working group was formed involving the Global Data Source Center and Beijing Longan (Guangzhou) Law Firm. Lawyers from Longan Guangzhou such as Sha Yuchen, Chen Huan, and Ye Junxi served as team leaders and deputy leaders, dedicated to providing legal guidance for the digital transformation of local industries in Guangzhou. This marks a further deepening of Longan Guangzhou’s efforts in data assetization.
In the future, Beijing Longan (Guangzhou) Law Firm will continue to focus on the digital economy and data element legal services, expanding the breadth and depth of data asset applications. We look forward to working with more enterprises to open a new chapter in data elementization, data resource utilization, data assetization, and data capitalization, contributing to the development of the digital economy and the healthy growth of the data element market.