Shares of XTALPI (02228) have climbed over 5% in today's trading session.

As of the latest update, the stock is up 3.42%, trading at HK$6.96 with a turnover of HK$375 million.

The rally is driven by recent policy developments from the National Data Bureau, which has issued an implementation plan for promoting the construction of high-quality datasets across industries.

This marks the first systematic national-level initiative aimed at leveraging data to empower artificial intelligence development.

The plan explicitly identifies true machine interaction datasets and embodied intelligence data as key development priorities, aiming to advance the assetization of vertical industry data.

The high-quality datasets encouraged by the new policy, which focus on physical interaction and environmental perception, directly align with the core business of AI firms that rely on real-world experimental data.

A significant industry trend is emerging from this national guidance: data is set to become the most critical asset for the future of AI.

The new regulations on dataset construction provide, for the first time, a clear exploratory direction for the institutional framework governing the assetization and circulation of scientific data within vertical sectors.

This opens a pathway for valuing and monetizing vast amounts of proprietary scientific experiment data, transitioning it from an "internal resource" to a "tradable asset."

For a long time, the massive volume of experimental data accumulated by XTALPI was used solely for internal model iteration, with no market valuation assigned to this asset, leading to its chronic undervaluation.

The new policy explores models such as data trusts and asset securitization, which are transforming the question from "who owns high-quality industry data" to "who owns a balance sheet asset that can be priced."