Technological Innovation + Industrial Investment, Dual Wheel Drive Innovative Enterprises Running Out of ‘Acceleration’ | Interview

Author: Wenmeng Zhou 12:15 Jan. 16, 2020

‘As a major ‘highlight’ of this forum, 12 high-quality enterprises from fields such as artificial intelligence, medical health, financial technology, sports rehabilitation, and commercial real estate participated in the roadshow, and all of them received attention from many investment institutions and media units.’

Recently, the ‘China Industrial and Economic Development Forum Sub Forum in 2020: Science and Technology Innovation and Industrial Investment Development’ was successfully held in Lujiazui, Shanghai, sponsored by China Enterprise News Group Zhongqi Chanjing (Beijing) Information Technology Co., Ltd. and co organized by the Mianyang Economic Cooperation Bureau and Hangzhou Xiao He Station. Senior executives, experts and scholars from well-known domestic and foreign institutions such as BOCI, BOC Fullerton Community Bank, Eagles Fund, and KPMG, as well as leaders of science and technology innovation enterprises, financial venture capital industry, and industry elites, gathered together to discuss technology innovation and industrialization, and provide suggestions for how finance can better serve the high-quality development of the science and technology innovation industry.

Reporters from EqualOcean were invited to attend this summit and conducted on-site interviews with companies such as DST Technology, Shazamtech, and Shanutech at the event.

Wulanqiqige, General Manager of China Enterprise News Group Zhongqi Chanjing (Beijing) Information Technology Co., Ltd., expressed gratitude to the attending guests in her opening speech. She stated that the purpose of holding this forum is to enable everyone to share resources and information on the platform, collaborate and promote mutual development. The Zhongqi Chanjing Accelerator will inject new vitality into the development of the industrial economy, provide full lifecycle services for enterprises, build an industrial collaborative development ecosystem, and make due contributions to the development of China's industrial economy together.

Zhiwei Yang, Executive General Manager of the Investment Banking Division of BOCI, takes BOCI as an actual case study and interprets the development and changes in the domestic capital market in recent years from various aspects such as its development history, business overview, product introduction, unique advantages, and innovation capabilities. He stated that with the advent of the 5G era, technological innovation is bound to change people's lifestyles and habits, and BOCI will provide customers with fully functional and full process investment banking services in a more intelligent and convenient way.

As a major ‘highlight’ of this forum, 12 high-quality enterprises from fields such as artificial intelligence, medical health, financial technology, sports rehabilitation, and commercial real estate participated in the roadshow, and all of them received attention from many investment institutions and media units.

As the first enterprise to carry out roadshows, Hailang Liu, CEO of Shanghai Shazamtech Co., Ltd., introduced his self-developed SAAS solution for the digital transformation of the commercial real estate industry and the ‘Life of Everything’ artificial intelligence tenant management solution, which left a deep impression on the attending investors. Empowering traditional commercial real estate through new technologies such as AI and the Internet of Things has improved its asset management level in investment management, tenant management, financial management, customer management, property facilities and equipment, bringing tangible value enhancement to commercial real estate institutions.

Hailang Liu, CEO of Shanghai Shazamtech Co., Ltd.

In an interview with reporters, Hailang Liu stated that compared to commercial real estate in European and American countries, the Chinese commercial real estate market is a young and full of opportunities. The entire real estate industry has entered a stock market era of 70 billion RMB in incremental growth, giving birth to four trillion level vents in content, services, hardware, and finance. In the future, at least 200 listed companies will emerge. In the current situation where the real estate industry is not particularly prosperous, real estate institutions need to use technological means to improve asset management efficiency and asset operation efficiency. Hailang Liu is investing in this industry track precisely because he is optimistic about the Chinese commercial real estate market.

In newly renovated houses, the use of urea formaldehyde resin adhesives is inevitable for various types of indoor decoration materials. Improper use or disposal can continue to emit formaldehyde and other air pollution indoors, posing health risks to people that cannot be avoided. In densely populated classrooms or corporate office spaces, there is insufficient ventilation and indoor noise pollution, which can easily cause drowsiness or interference, leading to reduced learning or work efficiency. Ultimately, this is related to factors such as air quality, light, and sound environment in the living environment.

At the event, the reporter interviewed Dr. Chun Zhu, Chief Scientific Officer of Shanghai DST Technology, a leading enterprise in the field of human settlement environment monitoring. It is reported that the company can accurately and real-time monitor various indoor environmental parameters such as PM 2.5, formaldehyde, CO2, temperature/humidity, air pressure, noise, lighting, etc. through the DST NANO indoor environment monitoring instrument, and then carry out targeted measures for source removal, ventilation, or purification. Through intelligent monitoring of indoor environmental quality, the company effectively ensures the respiratory health of indoor people and improves learning/work efficiency.

Dr. Chun Zhu, Chief Scientific Officer of DST Technology

Visualize invisible air pollutants using data to guide healthy breathing. It is reported that the world's first classroom developed by DST Technology that utilizes environmental data to drive learning efficiency has been officially completed at the SHU-UTS SILC Business School, Shanghai University, and has been applied to more than 10 technical projects, gaining recognition from teachers and students. Moreover, the system has further penetrated into fields such as buildings and smart parks, providing services to over 100 Fortune Global 500 customers. At present, DST Technology has achieved an annual revenue of over 100 million RMB.

The invention of electricity has a history of over 200 years and has evolved into over ten thousand types of electrical equipment. The power supply has become the most important component of our lives. However, in various scenarios, using electricity to find sockets still becomes a problem that troubles us.

In response to the basic electricity usage scenario, the XPOWER intelligent power system independently developed by Shanutech integrates electrical wiring into universal wall attachment materials such as baseboards and corner wires and furniture, making it a power track module. Wireless mobile sockets can be flexibly connected to any position of the power track through direct insertion, embedding, wall hanging, and other methods according to electricity demand, achieving a convenient and flexible electricity consumption experience. In addition, the company has also launched supporting smart home products, including smart gateways, curtains, door locks, intelligent light control, and other products, which can be flexibly and conveniently connected to the power rail for power supply, just like mobile sockets.

At present, Shanutech has completed the B-round financing and is in the stage of large-scale market and product expansion. The CEO of the company, Wenting Zhu, stated that the annual market size of concealed projects in China is at the level of hundreds of billions. In the future, if the power rail can account for 10% of the market share, it will also reach the level of tens of billions. In addition to the company's other smart home products and services, the company still has great growth space in the future.

In addition to the sharing of the enterprise itself, in terms of event settings, the organizer also arranged supporting services such as legal knowledge explanation and financial resource grafting for the enterprise to promote better development.

At the meeting, Lawyer Lingyu Zhen, a partner of All Bright Law Offices, shared the theme of Common Fatal Errors in Equity Financing with the attending guests. Lawyer Zhen used the case of Zeqiao Lan, the father of Chinese Sturgeon, as an entry point to deeply analyze the potential pitfalls that entrepreneurs may encounter in equity financing from the perspectives of team management loss, failure to go public, and failure in subsequent financing lawsuits. In an easy to understand language, he shared a series of dry content of equity financing with the attending guests.

During the round table dialogue, Zhiwei Yang, Executive General Manager of the Investment Banking Division of BOCI, Youxian Fan, Managing Partner of Eagles Fund, Rui Zhan, Partner of Dacheng Law Offices, CTO of Shanghai DST Technology Co., Ltd., Dr. Chun Zhu, among others, expressed their respective opinions on ‘Science and Technology Innovation and Industrial Investment Development’. They unanimously believe that technological innovation is an important engine for promoting high-quality industrial development. They hope to promote the efficient allocation of resources such as capital, technology, and talent, promote the expansion and improvement of the technology industry space, stimulate more Chinese original high-tech, and promote the accelerated development of more enterprises with technological capabilities.

China's industrial economy is shifting from ‘Valuing Quantity’ to ‘Improving Quality’, from ‘Scale Expansion’ to ‘Structural Upgrading’, and from ‘Factor Driven’ to ‘Innovation Driven’. Technological innovation and capital are playing an increasingly important role in this. It is hoped that in the new journey of high-quality economic development, more scientific and technological innovation enterprises and capital will be effectively connected, allowing more innovative technologies to enter the market.

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