According to China Securities Journal, Soochow Securities and Bank of China officially launched the digital renminbi payment function of investment advisory products, allowing the purchase of investment advisory and wealth management service products through the Bank of China digital wallet. Soochow Securities stated that in the next step, it will continue to expand the breadth and depth of cooperation with local governments and banks, and steadily expand the coverage and user base of digital RMB application scenarios in the securities industry.