DeHeng Assisted Haikou Transportation Investment Development Group in Completing Data Asset Entry into Financial Statements

2024-05-28

On May 23, 2024, Haikou Transportation Investment Development Group completed data sorting, compliance and ownership verification, asset registration, quality evaluation, entry into financial statements, asset appraisal, financing, and transactions for the first batch of “data resource packages”—data about Haikou’s smart public transportation and mobile payment services. The data asset was granted RMB 20 million in financing by CITIC Bank, the largest financing amount so far for data assets in Hainan Province. This achievement makes Haikou Transportation Investment Development Group the first company in Hainan to complete the whole process of data factors and the first to complete data asset recognition and receive specialized financing for it.

The DeHeng team, consisting of Director Zhang Yu and Secretary-General Li Chuanlong of Jinan Data Theory Research and Application Center, as well as Fan Xiangcan, Su Jiayi, Wang Tiantian, and Li Yuhuan (Sanya Office), provided comprehensive legal services together with other specialized institutions such as Shandong Inspur All In Big Data Technology Co., Ltd., Kunxin International Asset Appraisal Group, and Shandong Jiancheng Certified Public Accountants (LLP) as the data asset value chain service team.