The 2024 China Coal Trade Conference in Summer was held in Ordos, North China's Inner Mongolia autonomous region, on July 22, which included the launch of the Guoneng Hutong Energy Industry Internet Platform.

The platform brings together high-quality resources along the energy industrial chain, creating an open, collaborative, and mutually beneficial industrial system.

By applying cutting-edge technology to various business scenarios, it represents a significant innovation in the traditional energy service model and offers profound insights and practices for the future development trends of the energy industry.

The platform will leverage the unique characteristics of regional businesses, participating in the construction of ASTRON's energy backbone nodes through blockchain technology.

This will enable innovations in data elementization, data application and governance, data assetization, and other mechanisms, providing a trustworthy and efficient platform for data exchange. It will empower cross-border digital trade and the circulation of cross-border data on the chain, contributing the digital energy innovation enterprise strength.

By collaborating with financial institutions, physical ecosystem partners, government regulators, and others, the platform aims to build an open and cooperative industrial digital financial system for value co-creation.

This initiative will help reduce costs and increase efficiency in energy economic operations, promoting the development of new quality productive forces in modern energy economics.