Technology

Qingdao, A Venture Capital City Is Rising Up

Published

7 months ago

May 29, 2024

The city rises, and capital moves towards “new”!

QINGDAO, China, May 29, 2024 /PRNewswire/ — On May 28th, with the theme of “Venture and Capital for a New Era Innovation and Entrepreneurship for a Brighter Future “, the “2024 Qingdao Venture Capital Conference “, hosted by the Qingdao Municipal People’s Government and co-organized by CVINFO, opened at the Shangri-La Hotel in Qingdao. The one-and-a-half-day conference, which combines online and offline formats, has gathered more than a hundred industry experts, scholars, and entrepreneurs from internationally renowned investment banks and leading venture capital and private equity institutions to discuss the opportunities and future of capital and to activate new drivers for high-quality development.

A Conference with High “Gold Content”

In 2019, Qingdao set the goal of building a venture capital and private equity center and tailored the venture capital and private equity conference as a platform for gathering high-quality financial resources. Over the past five years, the influence of the conference has been continuously increasing and has become an important window for the venture capital and private equity industry to pay attention to the development of Qingdao.

Compared with the previous five sessions, this session of the 2024 Qingdao Venture Capital Conference has higher “gold content”.

Introducing a high “gold content” policy package.

Leveraging the advantages of policy transmission, innovation, and inclusiveness, we have made efforts to plan and layout the “five major articles”, enabling more accurate empowerment of scientific and technological innovation, which is the “best solution” for capital to serve the real economy.

For this reason, at this conference, the “Qingdao Further Support for the High-Quality Development of the Financial Industry Policy Measures” and the “Several Policies on Strengthening the Joint Linkage of Fiscal and Financial Support for the High-Quality Development of the Whole City” were released, aiming at the goal of “building a strong financial city”, further optimizing the policy environment, and contributing to the high-quality development of the whole city.

The two newly formulated policy systems are comprehensive in content, extensive in coverage, highlight key points, and have strong competitiveness, which will further promote the “two-way rush” between the city and capital power, and the “two-wing flight” of industry and new quality productive forces development. Enable venture capital and private equity institutions to invest successfully, thrive, and reap rewards in Qingdao.”

The landing of high “gold content” projects once again demonstrates Qingdao’s sincerity and confidence in attracting and serving high-quality development through project introduction and landing services.

At the conference, the Qingdao Municipal Government signed a strategic cooperation agreement with CICC, using the project resources and professional advantages of the leading investment bank to focus on major strategies, key areas, and major projects, providing comprehensive financial services, contributing to the development of Qingdao’s capital market and economic social development.

Focus on high-quality project signing to build a modern industrial system in Qingdao.

For example, Capital Management Co., Ltd., a subsidiary of Shandong Energy Group, has established a 7 billion yuan technology industry fund, helping expand the new development pattern of industrial investment in Qingdao; New energy vehicle new power millet Xiaomi fund invested in Qingdao Yunlu New Energy Technology Co., Ltd., Upgrading industry level in Qingdao; Hisense Group’s fund manager completed the registration, marking the full coverage of direct investment platforms for large enterprises in Qingdao.

A Conference with a Strong “Vane” Color

The “vane” color of this session of the venture capital and private equity conference is more intense.

The Political Bureau of the CPC Central Committee held on April 30 proposed that it is necessary to develop new quality productive forces according to local conditions, strengthen the layout of national strategic scientific and technological forces, cultivate and expand emerging industries, advance the layout and construction of future industries, and use advanced technology to empower the transformation and upgrading of traditional industries. It is necessary to actively develop venture capital and expand patient capital.

In terms of actively cultivating emerging industries and future industries, the 2024 Government Work Report proposes to “encourage the development of venture capital and equity investment, and optimize the function of industrial investment funds”.

The Central Economic Work Conference held in 2023 proposed to “encourage the development of venture capital and equity investment”. When explaining the spirit of the Central Economic Work Conference in detail, the relevant responsible comrade of the Central Finance Office said: “It is necessary to encourage the development of venture capital and equity investment, and support long-term capital and patient capital to invest more in scientific and technological innovation. “

How can capital empower new quality productivity? How to cultivate more patient capital, guests attending this forum expressed their opinions and offered solutions respectively.

Tu Guangshao, Executive Director of Shanghai Advanced Institute of Finance, brought a keynote speech on “Global Industrial Chain Restructuring and New Opportunities for China’s Industrial Economy”; Chen Wenling, Chief Economist, Executive Deputy Director, and Deputy Director of the Academic Committee of China Center for International Economic Exchanges, shared wonderful insights on “Developing New Quality Productivity and Promoting Sustainable Development”; Du Pengfei, Party Committee Member and Management Committee Member of China International Capital Corporation Limited, expressed wonderful views on “Practice and Thinking of Capital Investment”.

In addition, Zhang Wei, Chairman of CoStone Capital, and Zheng Weihe, Chairman and Founding Partner of Cowin Capital, and other heads of domestic leading venture capital institutions elaborated on the development of the innovation system and the capital market, the innovation and development of China’s equity investment, and the acceleration of the construction of Qingdao’s venture capital and private equity ecology.

The guests generally believe that through efficient financial empowerment of new quality productivity, it is not only an important part of deepening the reform of the Supply-side Structural but also an important action to implement the spirit of the Central Financial Work Conference. In the process of accelerating the cultivation and development of new quality productivity, science and technology are equally important, and actively developing venture capital and jointly growing patient capital is the key to the transformation and development of the financial industry towards the new and the real.

In order to thoroughly implement the spirit of the Central Committee on actively cultivating and building a financial culture with Chinese characteristics, and actively practice the requirements of the financial culture with Chinese characteristics in the field of equity investment, combined with the characteristics and cultural connotation requirements of the equity investment field, the 2024 Qingdao Venture Capital and Private Equity Conference also initiated the “Initiative for the Construction of Chinese Equity Investment Culture” in the Chinese venture capital and private equity field for the first time, calling for the promotion of industry cultural connotation and the strengthening of the standard requirements for industry development.

A Conference to Create a High-Quality Capital Matrix

A high-quality capital matrix is the basic “base” for serving new quality productivity.

For a city, in a high-quality capital matrix, the government’s guiding fund with the effect of “lifting a thousand pounds with four taels” is indispensable, and one of its missions is to highlight the policy guidance function, guiding funds to flow to key technical fields that the market dares not invest in and where there is a large demand for funds, cultivating emerging industries and future industries, and filling the long-term capital gap.

On the afternoon of May 28, the 2024 Government Guidance Fund Ecological Conference, led by the Municipal Finance Bureau and the Municipal Guidance Fund Trusteeship Management Agency, was grandly held. More than a hundred well-known investment institutions, business representatives and industry experts gathered together to link the guidance funds through the conference. Various cooperative institutions and resource parties held discussions around the development direction of venture capital and equity investment, the virtuous cycle of government-guided funds, and the development of new quality productivity in venture capital and venture capital services, and conducted in-depth discussions on the fundraising, investment, and development of venture capital and venture capital industries. The core issues faced by management and withdrawal of various chains, and interpretation of the current status and development direction of key industries and hot spots.

In addition, the conference also cooperated with the city’s listed emerging industry professional parks to carry out project roadshows, organized on-site reviews of venture capital and venture capital institutions, expanded the influence of high-quality enterprises, smoothed the two-way docking channels for funds and project investment and financing, and led the venture capital to inject vitality into the fertile industrial soil. , connect industrial clusters and promote high-quality economic development.

At the conference, CVINFO also used the outstanding investment institutions’ establishment of funds, investment projects and project exit results in Qingdao in the past three years as a benchmark to discover and commend outstanding investors who have made outstanding contributions to the construction of Qingdao’s international venture capital and venture capital center. Partners, attract more outstanding investors to become Qingdao city partners, and provide a reference for Qingdao to build a high-quality capital matrix.

It is worth mentioning that this conference actively advocates the practice of green investment concepts and uses digital RMB payment to purchase the carbon emission reductions of Qingdao’s carbon inclusive platform “lcago” to neutralize this venture capital investment. The carbon emissions generated in transportation, catering, accommodation, conference affairs, etc. during the conference have achieved a “zero-carbon conference” and provided a reference for enterprises and financial institutions to serve green and low-carbon development.

Capital empowers industry, new quality drives development. In this warm season, let’s turn our attention to the 2024 Qingdao Venture Capital Conference.

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SOURCE CVINFO

Technology

Ring in 2025 with Solitaire Grand Harvest’s New Year Celebration featuring Snoopy

Published

5 hours ago

December 29, 2024

Snoopy and the Peanuts Gang Are Highlighted in an Exclusive In-Game Experience Filled with Nostalgia, Prizes, and Fun!

HERZLIYA, Israel, Dec. 29, 2024 /PRNewswire/ — This New Year, Solitaire Grand Harvest is bringing joy, nostalgia, and a bit of winter magic with everyone’s favorite beagle, Snoopy,! Starting December 29, players can experience Snoopy, Woodstock, and the Peanuts gang in a special month-long event that’s bound to bring back cherished memories while adding a little sparkle to your solitaire game.

Experience the full interactive Multichannel News Release here: https://www.multivu.com/playtika/9222155-en-solitaire-grand-harvest-featuring-snoopy

Solitaire Grand Harvest, the #1 highest-grossing solitaire game in the U.S.**, is transforming into a Peanuts-themed winter wonderland just in time to ring in 2025. Whether you’re sipping cocoa by the fire or counting down to midnight, the Peanuts® takeover will warm your heart and make every win feel a bit more magical.

Starting December 29, players will discover Snoopy and his Winter Fair Collection, featuring charming in-game mini-games and exclusive prizes inspired by the classic Peanuts characters. But the fun doesn’t stop when the ball drops! Between January 1-12, players may add Snoopy and Woodstock to their collection, alongside their in-game special pet companions, making it a New Year’s celebration that keeps on giving. Players get to keep their favorite characters with them forever with the permanent in-game Snoopy collection.

Roi Glazer, General Manager of Solitaire Grand Harvest, shared his excitement, saying:
“Snoopy has been a beloved part of so many of our lives for generations. This partnership with Peanuts allows us to combine the nostalgia of Snoopy with the excitement of Solitaire Grand Harvest in a way that brings joy to our players during the New Year celebration.”

Scott Shillet, Vice President of Global Hardlines at Peanuts, said:
“We are thrilled to bring Snoopy and the beloved Peanuts gang to Solitaire Grand Harvest, allowing us to continue our mission of spreading joy through new and engaging experiences. By integrating our timeless characters into the game, our fans will find fresh ways to connect with Peanuts while enjoying the fun world Solitaire Grand Harvest has to offer.”

Solitaire Grand Harvest is available to download for free on the App Store and Google Play (in-app purchases available). To follow along, visit Solitaire – Grand Harvest on Facebook and on Instagram.

About Solitaire Grand Harvest®
Solitaire Grand Harvest is the top Solitaire game in the U.S.**, with hundreds of thousands of daily players across multiple platforms. Solitaire Grand Harvest, developed by Supertreat GmbH, allows its community to experience the fun side of farming as they grow and harvest crops, build and design their personal farm and progress through thousands of challenging Solitaire levels. The game provides high value content, and players are exposed to new features and provided with the opportunity to connect with other members of the Solitaire Grand Harvest community online.

About Playtika
Playtika Holding Corp. (NASDAQ: PLTK) is a mobile gaming entertainment and technology market leader with a portfolio of multiple game titles. Founded in 2010, Playtika was among the first to offer free-to-play social games on social networks and, shortly after, on mobile platforms. Headquartered in Herzliya, Israel, and guided by a mission to entertain the world through infinite ways to play, Playtika has employees across offices worldwide.

**According to App Annie, Solitaire Grand Harvest is the highest-grossing Solitaire game in the U.S. based on in-app purchases, from January 2024 – October 2024.

About Peanuts
The characters of Peanuts and related intellectual property are owned by Peanuts Worldwide, which is 41% owned by WildBrain Ltd., 39% owned by Sony Music Entertainment (Japan) Inc., and 20% owned by the family of Charles M. Schulz, who first introduced the world to Peanuts in 1950, when the comic strip debuted in seven newspapers. Since then, Charlie Brown, Snoopy and the rest of the Peanuts gang have made an indelible mark on popular culture. In addition to enjoying beloved Peanuts shows and specials on Apple TV+, fans of all ages celebrate the Peanuts brand worldwide through thousands of consumer products, as well as amusement park attractions, cultural events, social media, and comic strips available in all formats, from traditional to digital. In 2018, Peanuts partnered with NASA on a multi-year Space Act Agreement designed to inspire a passion for space exploration and STEM among the next generation of students.

View original content:https://www.prnewswire.com/news-releases/ring-in-2025-with-solitaire-grand-harvests-new-year-celebration-featuring-snoopy-302338478.html

SOURCE Playtika Holding Corp.

Technology

Science and Technology Daily: Tech with Heart AI for Good AI with a Human Touch

Published

8 hours ago

December 29, 2024

BEIJING, Dec. 29, 2024 /PRNewswire/ — In 1949, pioneering computer scientist Edmund Callis Berkeley envisioned a future filled with thinking machines in his book Giant Brains, or Machines That Think. Decades later, his vision has become a reality with artificial intelligence (AI) reshaping industries, societies and daily lives.

The progress however, is far from straightforward. While AI excites people with its potential, it also raises questions about ethics, safety and its impact on human life.

Recently, Science and Technology Daily hosted a panel discussion, “Tech with Heart, AI for Good”, on how AI empowers life and bridges human limitations but also needs guard rails to ensure it remains under control.

Omnipresent AI

AI is reshaping the way we live, work and interact with the world. For Zeng Yi, a professor at the Institute of Automation, Chinese Academy of Sciences and an expert of the United Nations’ high-level advisory body on AI, the motivation to advance AI technology lies in its potential to liberate humans from repetitive and labor-intensive tasks.

“Combining AI with robotics allows us to redirect human energy toward more creative and meaningful pursuits,” Zeng said. He highlighted how AI-powered robots are stepping into hazardous fields such as firefighting, disaster relief and space exploration. Lunar rovers equipped with advanced AI capabilities are conducting complex analyses on the moon’s surface — tasks too risky for human scientists.

Besides industrial applications, AI is making a significant impact on environmental conservation such as tracking wildlife.

AI’s potential extends into our everyday lives as well. Gao Shaolin, an expert at Peking University Law and Artificial Intelligence Research Center, mentioned a recent road trip during which he drove 3,000 kilometers on highways without coming across a single traffic accident.

“This is extraordinary,” Gao said, attributing the improvement to advancements in AI-driven safety features in modern vehicles.

From fatigue-monitoring systems in trucks to self-driving technologies in electric cars, these innovations are drastically reducing the likelihood of accidents.

However, both Zeng and Gao agreed that AI should not aim to replace humans but rather enhance human expertise and efficiency. AI can amplify human capacity, leaving room for creativity and innovation.

Responsible AI

As AI continues to evolve, responsibility becomes a critical issue. Zeng quoted Berkeley, who wrote, “It is often easier for scientists to create a device than to guide it well afterward.” Berkeley urged innovators to think beyond breakthroughs and address potential risks.

The question of accountability becomes central. Who will be responsible for any problem caused by AI? “AI is not an independent legal entity,” Gao emphasized, pointing out that current AI systems are tools rather than autonomous entities. The responsibility for their actions lies squarely with their developers, service providers and users.

“AI should be as intelligent as necessary, but it must remain under human control,” Gao stressed. As Zeng put it, “The key is ensuring AI coexists harmoniously with humans, not as a competitor but as a collaborator.”

Wu Baojun, executive deputy secretary-general of the Association for Science and Technology of the University of Chinese Academy of Sciences, said the rapid advancement of AI must be accompanied by efforts to ensure its reliability and safety within ethical frameworks.

“Our research in AI,” Wu said, “aims to explore unknown territories, eliminate human fears and make AI more reliable.”

Reliable AI

China has consistently demonstrated a forward-thinking approach to AI development, balancing technological innovation with social and ethical considerations.

As Matt Sheehan from the Carnegie Endowment for International Peace wrote in an article, “China is in the midst of rolling out some of the world’s earliest and most detailed regulations governing artificial intelligence.”

In 2017, China released the Next Generation Artificial Intelligence Development Plan to encourage diverse AI methodologies, such as deep learning, knowledge-based reasoning and large-scale modeling. The plan also emphasized ethical governance, with over a dozen references to social and legal challenges.

In May 2019, it was followed by the Beijing AI Principles, which set out clear guidelines for AI research and development, advocating respect for privacy, human dignity and human rights.

These visions were strengthened in July 2024 when the 78th UN General Assembly unanimously adopted a resolution proposed by China and co-sponsored by over 140 countries. The resolution emphasized the human-centered development of AI, international cooperation, and promotion of AI to benefit humanity as a whole.

Zeng said China’s AI strategy reflects a responsible and inclusive approach: “China’s AI development strategy is not limited to promoting domestic economic growth. They aim to empower humanity and promote sustainable development goals.”

Shared AI principles

AI governance has become a global priority with nations striving to ensure that technology develops responsibly and inclusively.

“We analyzed global AI ethics guidelines and found that 95 percent of the topics are consistent across countries. Concepts like human-centered development, transparency, fairness, safety and privacy protection are widely endorsed,” Zeng said, adding that nations worldwide largely agree on the foundational principles for AI ethics and governance.

In 2023, the Bletchley Declaration on AI safety was signed by 28 countries and the European Union. This marked the first broad agreement on the importance of AI safety as a global issue. In 2024, the UNESCO Recommendation on the Ethics of Artificial Intelligence was adopted unanimously by all member states, which is another example of the global consensus.

China is playing an active role in promoting international cooperation on AI governance. “AI must empower all nations, not just the technologically advanced ones. We should guide AI for good with collective efforts and shared responsibilities,” Gao said.

Executive Producers: Wang Junming, He Yi

Producer: Fang Linlin

Reporters: Long Yun, Zhong Jianli, Gong Qian

Subtitle Proofreaders: Wang Jing, Cen Yingjie

Video Editing Instructor: Wang Xiaolong

AI Technology Advisor: Liu Yang

Cameramen: Liu Xiao, Li Huitao, Li Tianji

Video Editor: Zhang Shunping

Reviewer: Fang Linlin

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SOURCE Science and Technology Daily

Technology

ZT Mining Pioneers Innovative Solutions in the Cloud Mining Industry

Published

24 hours ago

December 28, 2024

ZT Mining launches user-friendly cloud mining services with free options, renewable energy integration, and educational resources, promoting sustainable cryptocurrency mining.

READING, England, Dec. 28, 2024 /PRNewswire-PRWeb/ — As the cryptocurrency industry grows, the demand for accessible and efficient mining solutions has never been higher. ZT Mining, a leading innovator in cloud mining, announces a new range of services designed to democratize access to cryptocurrency mining while addressing environmental concerns.

free cloud mining site, best cloud mining, crypto mining

Cloud Mining Made Simple

ZT Mining provides a platform for users to mine Bitcoin and other cryptocurrencies without the need for specialized hardware or technical expertise. By simplifying the process, the company caters to a broad audience, from crypto enthusiasts to first-time investors. Its streamlined registration and user-friendly interface allow participants to start mining in minutes.

Free Cloud Mining Option for Starters

The platform introduces free cloud mining opportunities, enabling users to begin their mining journey without upfront costs. This initiative lowers barriers to entry, making it easier for individuals to explore the cryptocurrency space.

Sustainability at the Core

Recognizing the environmental impact of traditional mining, ZT Mining incorporates renewable energy into its operations. By leveraging green energy sources, the company reduces its carbon footprint, aligning with global sustainability goals.

A Trusted Name in Cloud Mining

ZT Mining emphasizes transparency and reliability. Contracts come with clear terms, competitive rates, and no hidden fees. The platform also offers robust security measures, ensuring user data and funds remain protected.

Empowering Users Through Education

To support informed decision-making, ZT Mining provides educational resources on cryptocurrency and cloud mining. Users can access guides and insights to better understand mining profitability and industry trends.

Industry Recognition

ZT Mining’s innovative approach has positioned it as one of the best cloud mining platforms in the industry. With endorsements from leading crypto analysts and positive user feedback, the company is quickly becoming a trusted name for mining solutions.

Looking Ahead

ZT Mining continues to innovate, aiming to provide even more opportunities for users to benefit from cloud mining. With plans to expand its renewable energy partnerships and introduce advanced mining algorithms, the company is setting the standard for sustainable and user-friendly cryptocurrency mining.

For more information, visit ZT Mining’s official website.

Media Contact

Nancy Delia, ZT CLOUD SERVICES LIMITED, 44 7301463290, nancy.delia@ztmining.com, https://ztmining.com

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SOURCE ZT CLOUD SERVICES LIMITED