--- title: "Discovery Dream Science & Technology makes two moves: issuing sci-tech bonds to support AI strategy, and the Barkol project aims at high-quality HALO assets" type: "News" locale: "en" url: "https://longbridge.com/en/news/287487652.md" description: "Discovery Dream Science & Technology announced on May 22 that it plans to issue no more than 500 million yuan in technology innovation bonds to support its AI strategy and project construction. At the same time, its subsidiary Yunwang Zhikuan plans to build an AI technology achievement transformation headquarters base in Barkol. This move marks the company's transformation from \"military products as the main focus\" to \"dual-driven by military and civilian sectors, and diversified collaborative development,\" broadening financing channels and optimizing the debt structure" datetime: "2026-05-25T03:06:33.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/287487652.md) - [en](https://longbridge.com/en/news/287487652.md) - [zh-HK](https://longbridge.com/zh-HK/news/287487652.md) --- # Discovery Dream Science & Technology makes two moves: issuing sci-tech bonds to support AI strategy, and the Barkol project aims at high-quality HALO assets In the current wave of AI applications driven by large models like DeepSeek, artificial intelligence is penetrating various industries at an unprecedented speed. On May 22, Aito (301213.SZ), a representative enterprise in the field of defense technology information, issued two significant announcements — the company plans to issue technology innovation bonds totaling no more than 500 million yuan; its subsidiary, Yunwang Zhikuan (Xinjiang) Technology Co., Ltd., plans to invest in the construction of the Barkol AI Technology Achievement Transformation Headquarters Base. This combination of moves is a substantial implementation of Aito's strategy to "strengthen the main business foundation, fully empower AI, and achieve breakthroughs across fields," and it marks a key leap for the company from a "military products focus" to a "dual-driven military-civilian, diversified collaborative development" pattern. **"Technology Innovation Bonds" Broaden Long-term Funding Channels: Injecting Financial Vitality into AI Strategy** Technology innovation bonds are an important financial tool for capital markets to support the development of technology innovation enterprises. Aito's announcement indicates that the company intends to apply to the National Association of Financial Market Institutional Investors for the registration and issuance of technology innovation bonds totaling no more than 500 million yuan (including 500 million yuan), with a maturity of no more than 10 years (including 10 years). The raised funds will be used for project construction, R&D investment, mergers and acquisitions (including equity participation), repayment of interest-bearing liabilities, and supplementing working capital in the field of technology innovation. The expansion of this financing channel is of great significance for Aito. The company's 2025 annual report clearly states, "Guided by national strategy, deeply implement the new era's strong military goals, and comprehensively build an autonomous and controllable technological ecosystem." It lists "empowering basic industries such as minerals through the R&D of new quality productive force product pilot platforms" and creating "HALO assets" as strategic priorities. Both the construction and operation of the pilot platform and the continuous cultivation of HALO assets are typical heavy asset, long-cycle investments. The long-term funding nature of technology innovation bonds aligns closely with the company's strategic investment cycle. The announcement clearly states that this issuance is conducive to the company "further broadening financing channels, optimizing debt structure, enhancing liquidity management capabilities, and providing medium- to long-term funding support for project construction and external investments." More notably, the announcement released on the same evening regarding "the subsidiary's proposed external investment construction project" indicates that the expected source of subsequent investment funds for the Barkol project includes "funds raised from bond issuance." This means that technology innovation bonds are not only an expansion of the company's financing system but may also serve as direct "ammunition support" for the strategic project of the Barkol AI Technology Achievement Transformation Headquarters Base. From a strategic perspective, these technology innovation bonds will provide a solid capital backing for Aito to expand from the military market into the civilian sector. **Strategic Layout of Barkol: Creating an "AI + New Quality Productive Force" Innovation Engine** The announcement shows that the AI Technology Achievement Transformation Headquarters Base project is located in Barkol Kazak Autonomous County, Hami City, Xinjiang, which is situated at the intersection of energy-rich areas and computing power hubs. The comprehensive headquarters base will mainly be constructed to include an AI empowerment center, R&D center, inspection and testing center, a full-chain pilot platform for strategic minerals, and a pilot platform for unmanned equipment From the perspective of product and service content, the core value of the Barkun project lies in the construction of three major capability systems: first, the dedicated TOKEN service, which is based on the AI technology mastered by Discovery Dream Science & Technology, combined with the needs of industries such as mining, animal husbandry, and agriculture, to provide dedicated TOKEN services for vertical industries. This essentially transfers the AI empowerment capabilities accumulated by the company in the military industry to civilian scenarios, forming industry-specific data assets and model capabilities of "AI + new quality productivity"; second, the verification and demonstration services of the AI-enabled pilot platform, which plans strategic mineral full-chain pilot platforms and unmanned equipment pilot platforms, relying on Discovery Dream Science & Technology's core technological advantages in digital twin and flexible intelligent equipment construction, to provide full-chain demonstration services from technical verification to industrialization for mineral resource development and unmanned equipment applications. This is also the strategic implementation of Discovery Dream Science & Technology's approach of "using the pilot platform as a carrier, integrating technological capabilities and technical routes, and continuously demonstrating and outputting"; third, the intelligent unmanned equipment products, which are based on the company's core technological accumulation in the field of intelligent equipment, providing intelligent unmanned equipment solutions for civilian scenarios such as minerals and agriculture. The above three capability systems jointly constitute the underlying technical framework of Discovery Dream Science & Technology's strategy of "empowering basic industries such as minerals through the research and construction of new quality productivity product pilot platforms": using dedicated TOKEN as the data foundation, using the pilot platform as the verification hub, and using intelligent equipment as the output carrier, forming a complete closed loop of "data - verification - product". **HALO Assets and "New Quality Mineral Products": The Asset Leap from "Defensive" to "Growth"** It is worth in-depth interpretation that Discovery Dream Science & Technology clearly stated in the announcement that the project will reduce energy consumption through intelligent mining and mineral processing, promote the local transformation and efficient utilization of mineral resources, and drive the transformation of mineral resources from "defensive assets" to "growth assets," cultivating high-quality HALO (heavy assets, low obsolescence) assets. HALO assets are an emerging investment concept that has attracted significant attention in the capital market this year, which stands for "Heavy Assets, Low Obsolescence." Its core logic is to seek "hard assets" that are difficult for AI to replace or even rely on. Discovery Dream Science & Technology has previously proposed the core initiative of "empowering mineral resources with AI, building HALO assets, and cultivating new quality productivity products." The Barkun project is a substantial implementation of this strategic concept: by empowering traditional mineral resources with AI technology, upgrading the originally extensive and inefficient traditional mineral operations to intelligent and digital new quality productivity products (in the mineral direction), and transforming traditional "defensive" resource assets into "growth assets" with sustainable cash flow and appreciation potential. Using dedicated TOKEN as the underlying data engine, the verification services of the pilot platform bridge the "last mile" from technology to industrialization, ultimately covering the entire production and operation chain of minerals, agriculture, and animal husbandry with intelligent unmanned equipment. This path is not only an expansion of Discovery Dream Science & Technology's own business but also a typical example of promoting the transformation and upgrading of the traditional economy with "AI + industry" against the backdrop of the country's vigorous development of new quality productivity **Military-Civilian Integration Empowering Each Other: The Bidirectional Transformation and Industrialization of Technological Capabilities** Discovery Dream Science & Technology currently still relies on the military industry as its core source of revenue, with the military industry accounting for 88.77% of its main business revenue in 2025. However, the company's strategic layout in recent years clearly indicates that it is transforming from a single defense technology information enterprise to a comprehensive technology company driven by "dual military-civilian dynamics and diversified collaborative development." The 2025 annual report shows that the company achieved an operating income of 201 million yuan for the year, a year-on-year increase of 31.86%, with a net profit attributable to the parent company of 13.3114 million yuan, turning losses into profits year-on-year, among which the revenue of the artificial intelligence sector surged by 124.38% year-on-year. In the first quarter of this year, the company achieved an operating income of 29.4285 million yuan, a year-on-year increase of 69.74%, with a net profit attributable to the parent company of 6.9852 million yuan, a year-on-year increase of 515.70%. The rapid growth of the AI business confirms that the company's technological accumulation in the field of artificial intelligence is accelerating its monetization. The implementation of the Balikun project is a landmark event that signifies the large-scale output of the AI empowerment system, digital twin technology, and flexible intelligent equipment construction capabilities accumulated by the company in the field of defense technology information to the civilian sector. The company's core technology routes of "software-defined hardware," "general technology specialization," "general technology end specialization," and "flexible architecture" have found new application scenarios in this project. Using dedicated TOKEN as an entry point, a pilot platform as a bridge, and intelligent equipment as the terminal, Discovery Dream Science & Technology is comprehensively empowering HALO assets with AI, redefining the intelligent equipment service system from mining to agriculture and animal husbandry. From the financing layout of the sci-tech innovation bonds to the strategic deployment of Balikun, every step taken by Discovery Dream Science & Technology is solidly advancing the strategic blueprint of "strengthening the main business foundation, comprehensively empowering AI, and achieving breakthroughs across fields." In the context of the national push for the development of new productive forces, this company, which started from defense technology information, is using AI as an engine to expand the technological capabilities accumulated in the military industry into a broader civilian market ### Related Stocks - [301213.CN](https://longbridge.com/en/quote/301213.CN.md) ## Related News & Research - [How the 'Nostradamus of AI' failed to spot a market crash](https://longbridge.com/en/news/294580418.md) - [The AI apps winning over corporate America](https://longbridge.com/en/news/294584045.md) - [Meet the Gen Z AI whiz at the center of a hedge fund meltdown](https://longbridge.com/en/news/294425537.md) - [Here are my 3 top artificial intelligence (AI) stocks to buy in August](https://longbridge.com/en/news/294601562.md) - [17:23 ETArmor Launches Sovereign AI: A whole-company AI work platform for regulated industries](https://longbridge.com/en/news/294418838.md)