According to Foresight News, Luzhou Laojiao Group and Ant Group have signed a strategic cooperation agreement to collaborate in areas such as industrial digital finance, digital marketing, metaverse innovation, terminal sales insights, and green low-carbon public welfare. Under the agreement, Luzhou Laojiao will leverage Ant Chain's smart contracts and cross-chain technologies to help upstream and downstream industry chains improve their digital transaction capabilities through digital RMB payments and trade data 'on-chain' methods, allowing them to access financial services more conveniently and at lower costs.