Chengdu

A New Route for Chengdu to Develop its AI Industry

Retrieved on: 
Friday, April 30, 2021

So far, the number of China\'s AI innovation and application pilot zones has increased to 8, while Chengdu has become the first AI innovation and application pilot zone in West China.\nWhen we talked about the AI industry in Chengdu, the one thing we must know is Chengdu Science City.

Key Points: 
  • So far, the number of China\'s AI innovation and application pilot zones has increased to 8, while Chengdu has become the first AI innovation and application pilot zone in West China.\nWhen we talked about the AI industry in Chengdu, the one thing we must know is Chengdu Science City.
  • It is the core of the next-gen AI industry ecosystem in Chengdu.
  • Gradually, Chengdu builds a complete industrial ecosystem and helps it become the "fourth city of AI.
  • Second, provide rich application scenarios for AI enterprises and attract AI enterprises.\nIn addition, the ecological environment is processing.

Hidden Champions among Chengdu's Technology Companies

Retrieved on: 
Friday, April 30, 2021

A number of technology enterprises from Chengdu showed up with their innovative achievements and cutting-edge technologies.

Key Points: 
  • A number of technology enterprises from Chengdu showed up with their innovative achievements and cutting-edge technologies.
  • These companies are lesser-known companies - relatively unknown, small or midsize, and worldwide leaders in their markets.\nYou may see them grow slowly, compete in stable markets, and prefer to shun publicity to avoid attracting competition.
  • They also concentrate on developing their own specialties, avoiding such currently popular management practices as diversification, strategic alliances, and outsourcing.
  • Though not well known to the general public, in their fields of expertise, they are known as the "hidden champions.

Aofang Beauty Participated in Chengdu Beauty Expo

Retrieved on: 
Friday, April 30, 2021

b'GUANGZHOU, China, April 30, 2021 /PRNewswire/ -- On April 15, 2021, Aofang Beauty, a Chinese IoT beauty instrument manufacturer, officially launched its core product, Aofang Magnetic Wave Instrument, at theCCBE Chengdu 2021 in China.

Key Points: 
  • b'GUANGZHOU, China, April 30, 2021 /PRNewswire/ -- On April 15, 2021, Aofang Beauty, a Chinese IoT beauty instrument manufacturer, officially launched its core product, Aofang Magnetic Wave Instrument, at theCCBE Chengdu 2021 in China.
  • At the expo, there were more than 300 brands exhibiting together, and customers from different regions inquired about the magnetic wave instrument products.
  • Each operation page is divided into five modes: HIIT exercise mode, muscle gain mode, muscle training mode, combined muscle gain, and combined mode.
  • The inside of the handle will be airtight all providing measures against safety hazards.\nAs a key product launched by AoFang Beauty in recent years, magnetometer products have been favored by the market.

Senmiao Technology Announces Signing of Framework Agreement with Taoyun Capital

Retrieved on: 
Monday, April 12, 2021

b'CHENGDU, China, April 12, 2021 /PRNewswire/ -- Senmiao Technology Limited ("Senmiao") (Nasdaq: AIHS), a financing and servicing company focused on the online ride-hailing industry in China as well as an operator of its own online ride-hailing platform, today announced the signing of a strategic framework agreement with Taoyun Capital, a Beijing-based investment and asset management firm, whereby Senmiao has the right to utilize resources, including online ride-hailing platform licenses, obtained by Taoyun Capital and its affiliates in several cities across China, including but not limited to Beijing and Shanghai.

Key Points: 
  • b'CHENGDU, China, April 12, 2021 /PRNewswire/ -- Senmiao Technology Limited ("Senmiao") (Nasdaq: AIHS), a financing and servicing company focused on the online ride-hailing industry in China as well as an operator of its own online ride-hailing platform, today announced the signing of a strategic framework agreement with Taoyun Capital, a Beijing-based investment and asset management firm, whereby Senmiao has the right to utilize resources, including online ride-hailing platform licenses, obtained by Taoyun Capital and its affiliates in several cities across China, including but not limited to Beijing and Shanghai.
  • By partnering with Taoyun Capital, Senmiao anticipates utilizing these resources to accelerate the expansion of its online ride-hailing platform into new cities.\nXi Wen, Senmiao\'s Chairman and Chief Executive Officer, stated, "We look forward to working with Taoyun Capital on expanding our respective businesses through this strategic collaboration.
  • We are pleased to be able to partner with Taoyun Capital as we eye additional expansion opportunities for our online ride-hailing platform, which has seen much success since launching in our first city of Chengdu in October 2020.
  • Senmiao undertakes no obligation to publicly revise any forward-looking statements to reflect changes in events or circumstances.\n'

Yum China Establishes Southwest Supply Chain Support Center in Chengdu

Retrieved on: 
Friday, March 26, 2021

SHANGHAI, March 26, 2021 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or "Yum China", NYSE: YUMC and HKEX: 9987) announced the establishment of its Southwest Supply Chain Support Center in Chengdu's Chongzhou district during a groundbreaking ceremony today.

Key Points: 
  • SHANGHAI, March 26, 2021 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or "Yum China", NYSE: YUMC and HKEX: 9987) announced the establishment of its Southwest Supply Chain Support Center in Chengdu's Chongzhou district during a groundbreaking ceremony today.
  • The Southwest Supply Chain Support Center in Chengdu is Yum China's first greenfield project, with a total investment of approximately RMB 183 million.
  • The center combines integrated supply chain services, Internet of Things (IoT) technology, big data platforms and high-quality cold chain logistics facilities.
  • It will further enhance Yum China's supply chain capabilities and cold chain logistics service in Southwest China and support the Company's rapid development.

TNMD Announces Closing of Acquisition of HuanMedia, China's Largest Railway Wi-Fi Service Provider

Retrieved on: 
Thursday, March 25, 2021

HuanMedia https://www.huanmedia.com owns exclusive operational rights and provides Wi-Fi services and entertainment platforms to railway lines and in over hundreds of railway stations and trains across China.

Key Points: 
  • HuanMedia https://www.huanmedia.com owns exclusive operational rights and provides Wi-Fi services and entertainment platforms to railway lines and in over hundreds of railway stations and trains across China.
  • HuanMedia is growing at a rapid pace, aiming at providing services to over 1 billion of annual railway passenger flow in 2021.
  • HuanMedia guarantees fully secured, uninterrupted service, even when the external 3G and 4G signals are weak or unavailable.
  • HuanMedia is the largest railway Wi-Fi media platform in China, covering potentially 900 million passengers per year, ensuring 99% reliability.

Senmiao Technology Continues its Cooperation with BYD in a Celebration of the Latest Delivery of Electric Vehicles for Ride-Hailing

Retrieved on: 
Tuesday, March 23, 2021

Representatives of Senmiao and BYD met in Chengdu, China to jointly celebrate both the delivery of the vehicles as well as their collaboration in support of China's policy of low-carbon travel and green development.

Key Points: 
  • Representatives of Senmiao and BYD met in Chengdu, China to jointly celebrate both the delivery of the vehicles as well as their collaboration in support of China's policy of low-carbon travel and green development.
  • The demand for EVs has continued to expand throughout China as our nation encourages the implementation of green transportation.
  • To date, Senmiao has ordered an aggregate of 1,200 of the anticipated 5,000 vehicles expected to be ordered during calendar years 2020-2021.
  • Senmiao undertakes no obligation to publicly revise any forward-looking statements to reflect changes in events or circumstances.

Wetouch Technology Inc. (WETH) Plans to Relocate to Chengdu and Receives $17.7 million compensation

Retrieved on: 
Monday, March 22, 2021

On March 18, 2021, Wetouch received a total amount of RMB115.2 million (approximately $17.7 million) as the total amount of compensation from Sichuan Renshou.

Key Points: 
  • On March 18, 2021, Wetouch received a total amount of RMB115.2 million (approximately $17.7 million) as the total amount of compensation from Sichuan Renshou.
  • The Company is actively searching for an appropriate parcel in Chengdu Medicine City (Technology Park), Wenjiang District, Chengdu for the construction of our new production facilities and office buildings.
  • Wetouch has shipped products to South Korea and several European countries such as Spain and Germany and has established a strong and diversified client base.
  • As of September 30, 2020, Wetouch held 10 patents and has passed a number of industry certifications, including ISO9001, ISO14001, TS16949, FCC, CE, ROHS, CCC, ROHS.

CGTN: China Unveils New Discoveries From Sanxingdui, Over 500 Items Unearthed

Retrieved on: 
Saturday, March 20, 2021
Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20210320005008/en/
    Archaeologists have found six new sacrificial pits and unearthed more than 500 items dating back about 3,000 years at the Sanxingdui Ruins in Sichuan Province, the National Cultural Heritage Administration (NCHA) announced in the provincial capital Chengdu.
  • Ranging from 3.5 to 19 square meters, these six sacrificial pits, which were discovered from November 2019 to May 2020, are in rectangular shape, according to NCHA.
  • The discoveries have shown the distinctiveness of the Shu civilization and the diversity of the Chinese civilization, said Ran Honglin, another researcher with the institute.
  • With an area of about three square meters, it is the smallest pit, but it's where the most gold pieces were unearthed, according to archaeologists.

Baidu Apollo Selected to Build Landmark 5G Intelligent Driving Project in Chengdu

Retrieved on: 
Wednesday, March 10, 2021

BEIJING, March 10, 2021 /PRNewswire/ --Baidu, Inc. (NASDAQ:BIDU), a leading AI company with strong Internet foundation, today announced that Baidu Apollo jointly won a bid to construct a 5G intelligent driving project in Chengdu in a tender worth RMB 105 million ($16.1 million).

Key Points: 
  • BEIJING, March 10, 2021 /PRNewswire/ --Baidu, Inc. (NASDAQ:BIDU), a leading AI company with strong Internet foundation, today announced that Baidu Apollo jointly won a bid to construct a 5G intelligent driving project in Chengdu in a tender worth RMB 105 million ($16.1 million).
  • As part of the project, Baidu Apollo will develop 30 kilometers of intelligent connected demonstration roads in the Singapore-Sichuan Hi-Tech Innovation Park.
  • Once the project is completed, Baidu aims to launch autonomous driving services to Chengdu residents, including robobuses and robotaxis, and create a variety of smart transportation applications as part of an intelligent driving industrial ecosystem.
  • This new project to develop a 5G intelligent driving zone represents a major leap for the development of smart transportation and the intelligent connected industrial ecosystem in Sichuan.