Achievements | Zhonglun W&D Assists Shandy Technology in Securing the First Data Asset Financing in Human Province

On the morning of January 11, the Hunan Big Data Exchange signed agreements with the Changsha Branch of China Everbright Bank, Zhonglun W&D Law Firm, and other professional institutions to provide services for the first data asset financing in Hunan province. This initiative enabled Hunan Shandy Technology Development Co., Ltd., a local enterprise, to secure a credit line of RMB 5 million from China Everbright Bank, marking Hunan province’s first successful case of data asset financing. During the event, the Hunan Big Data Exchange also awarded Hunan Shandy Technology Development Co., Ltd. the first registration certificate for data product in Hunan Province.

The Shanghai office of Zhonglun W&D Law Firm is among the first to provide compliance assessment services for multiple exchanges, including the Hunan Big Data Exchange and the Shanghai Data Exchange. Entrusted by the Hunan Big Data Exchange, the Shanghai office forms a dedicated legal team, including partners Qi Wang and Danyang Xiang, senior consultant Tuanzhang Hou, and several other legal professionals, to provide high-quality and efficient legal services throughout the data assetization. With years of expertise in data compliance, Zhonglun W&D Law Firm boasts a professional team specializing in cybersecurity and data compliance, many of whom possess both legal and technical academic backgrounds. Leveraging extensive experience in domestic and international data legal services, as well as deep insights into legal policies, industry standards, and business processes in cybersecurity and data compliance, Zhonglun W&D Law Firm has developed and refined a suite of mature data legal service solutions. These include support for cybersecurity level protection, data compliance system construction, cross-border data compliance, and data product trading and assetization, providing cutting-edge data legal services to clients worldwide.

Data has become a new essential resource and asset in the digital intelligence era. With solid professional expertise and extensive practical experience, Zhonglun W&D Law Firm is committed to assisting partners in transforming data into value throughout the processes of data resourceization, assetization, and capitalization, ensuring their sustainable development in the new era of the digital economy.