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Qingdao, A Venture Capital City Is Rising Up

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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

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Ushering 2025 in a New High: OneOdio Studio Max 1 Breakthrough and OpenRock X Forbidden City Edition at CES 2025

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HONG KONG, Jan. 1, 2025 /PRNewswire/ — OneOdio, a professional DJ headphone brand with a decade of expertise, together with its dynamic sports sub-brand, OpenRock, is gearing up to dazzle attendees at CES 2025 (Jan. 7-10). Visit Booth #31106, South Hall 1, to explore how these two brands are setting a new standard for audio innovation, presenting their cutting-edge products to the world’s largest technology stage.

OneOdio and ShowStoppers at CES 2025

This year, OneOdio is taking its CES 2025 presence to new heights. In addition to showcasing its latest innovations at the booth, the brand will shine at the exclusive ShowStoppers event on January 7, 2025, from 6:00 PM to 10:00 PM PST at Booths #D07 & D09. This high-energy media reception connects top tech companies with over 1,000 leading journalists and industry influencers.

Introducing the Unmatched Studio Max 1: The Best of CES 2025

A centerpiece of OneOdio’s display at CES 2025 will be its latest flagship headphone, the Studio Max 1. Co-branded with Italian DJ Arianna, who has already performed with it in two major European events, this model redefines professional audio, with its most important features outlined below.

Rapid WiLL+ Connection Technology: Super 20ms ultra-low latency, seamless audio
LDAC & Dual Hi-Res Certification: Studio-grade sound, capturing every detail in high-resolution clarity.
4-in-1 Functionality: Switch between Wireless DJ, Bluetooth, Wired Monitoring, and Wired DJ modes for maximum versatility.

With other features like Dual-Mic ENC Noise Reduction and 120-hour battery life, Studio Max 1 keeps DJs fully focused on their performance, lasting for days without recharging. All of these advantages have been recognized by Gadgety Awards and AndroidHeadlines Technology Awards, with it earning the prestigious title of The Best of CES 2025, underscoring its exceptional innovation and performance in the audio technology world.

OpenRock X: Award-Winning Design with Sports in Mind

OpenRock X, OpenRock’s flagship model, was honored with the Good Design Award 2024, a prestigious accolade from Japan that has celebrated excellence in design since 1957. Its innovative adjustable ear-hook design ensures a secure, non-slip fit, making it the ideal companion for sports lovers.

Main Features of OpenRock X – Forbidden City Limited

Taking its innovations further, OpenRock has also presented the Forbidden City Limited version of the OpenRock X. This unique edition blends cultural artistry with superior engineering, making it a standout product in both aesthetics and performance. The version will be showed at CES 2025.

Join Us at CES 2025

Discover how OneOdio and OpenRock are setting new benchmarks in professional and sports audio at CES 2025. Follow us on Facebook and Instagram for the latest updates, and enjoy an exclusive 50% OFF CES discount (code: ATFCUG5N) on the Pro C in champagne gold on Amazon US from January 1–10. Plus, explore other premium audio gear with special CES discounts.

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SOURCE OneOdio

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TESSAN x Rachael Yamagata: Inspiring Charging Moments of Innovation and Connection

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NEW YORK, Jan. 1, 2025 /PRNewswire/ — As the new year unfolds, the leading charging solution brand TESSAN proudly announces an inspiring collaboration with the American singer-songwriter Rachael Yamagata. Together, they are embarking on a journey of innovation, encouraging people to discover and engage with the world around them.

Rachael Yamagata has made a significant impact on the global music scene with her soulful and emotionally resonant songs. Her music, characterized by its raw honesty and heartfelt lyrics, has garnered a dedicated international fanbase. Rachael has toured extensively and has a strong following. Her ability to connect deeply with audiences through her music has solidified her place as a beloved and influential artist on the global stage.

For Rachael, a journey represents the balance between planning future destinations and appreciating the present moment. It is a rich tapestry of life, interwoven with new encounters and personal growth. This vision aligns seamlessly with the “connection” concept of TESSAN’s mission, resulting in a strong partnership between TESSAN and Rachael.

Rachael’s experiences as an international traveler have shaped her perspective on the essentials needed for a seamless journey. She emphasizes the importance of efficient packing when traveling, particularly for tours. “You can only take so much because you go on trains, planes, you’re walking through cities, you’re getting cabs, you’re literally changing cities every day,” she shared.

One of Rachael’s main travel challenges is balancing the need to bring essential items without overpacking. TESSAN’s WTA series travel adapter emerges as an indispensable companion to address such challenges during modern travelers’ global exploration. As a user of the WTA series, Rachael finds the series highly appealing due to its excellent connectors, lightweight design, compact size, durability, fast charging capabilities, and ability to charge multiple devices simultaneously.

Weighing only 0.62lb and featuring a compact design, the WTA series fits easily into any luggage. Its classic slider design includes EU, UK, and US plugs, with rotatable pins for sockets in Australia and China, ensuring compatibility worldwide. GaN technology contributes to its lightweight nature and enables faster charging while maintaining a stable temperature, preventing overheating. The WTA series can simultaneously charge multiple devices, including iPhones, Macs, iPads, cameras, and CPAP machines. Built-in safety features, such as double-patented 10A auto-resetting fuses, provide peace of mind when using high-power devices.

As part of the collaboration, TESSAN conducted an exclusive interview with Rachael, capturing the entire process in a documentary. On January 4th, the documentary will premiere on YouTube, offering a glimpse into Rachael’s journey and insights. Through this exchange, TESSAN encourages audiences to ponder “What’s Your Next Journey,” inspiring them to embark on new explorations as a New Year’s resolution.

To support this initiative, TESSAN is launching a series of activities aimed at inspiring users to share the stories in their journeys. Including the sharing of the documentary trailer released on YouTube on January 1st allows participants to enter a prize draw. Then, on January 4th, the TESSAN website will showcase a limited time offer on the WTA series. The excitement will reach its peak on January 8th with a TikTok live event, featuring giveaways of prizes and Rachael Yamagata posters.

This collaboration between TESSAN and Rachael Yamagata is an invitation to explore, connect, and discover new horizons. As the new year begins, it calls for individuals to embark on their own journeys, starting from the comfort of home and reaching out to the world.

About TESSAN

TESSAN, a trusted partner in charging solutions, is committed to enriching experiences both at home and during travel. The brand offers a wide array of products, including multifunctional power strips, travel adapters, wall extenders, and smart home devices. Supported by a robust R&D and production team, TESSAN develops innovative socket products for users across the globe. With the trust of over 20 million users, TESSAN empowers their journeys from home to every destination, promoting environmentally conscious electricity usage.

For more information, visit www.tessan.com or the TESSAN Amazon store, and follow TESSAN on Facebook, Instagram, and YouTube.

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SOURCE TESSAN

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CES 2025: Aurafit to Unveil G12 Smartwatch, the Ultimate Companion for A Connected, Active, and Healthy Life

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LAS VEGAS, Jan. 1, 2025 /PRNewswire/ — At CES 2025, taking place from January 7-10, Aurafit, a pioneering brand dedicated to providing innovative smart equipment for modern sports enthusiasts and tech-savvy individuals, is set to introduce its latest flagship product, the G12 Smartwatch. This versatile GPS smartwatch is designed to transform how people interact with technology in their everyday lives.

This all-in-one device supports five satellite navigation systems: BeiDou, GPS, GLONASS, Galileo, and QZSS, ensuring precise and reliable positioning no matter where the user is. The inclusion of a built-in compass makes the G12 Smartwatch an indispensable companion for outdoor adventures, providing users with the confidence to explore new terrains. It supports over 150 sports modes, catering to various activities from running and cycling to yoga and swimming. This extensive range of modes ensures that users can optimize their training sessions and track their progress with ease. Additionally, with more than 100 cloud-based watch faces, users can customize their smartwatch to match their style and preferences.

AI functionalities are at the core of the G12 Smartwatch, offering an AI voice assistant, AI voice-activated watch faces, AI smart translation, AI voice notes, and AI art watch faces. These features transform the smartwatch into a powerful tool for managing daily tasks, staying connected, and expressing creativity. Whether setting reminders, taking notes, or translating languages on the go, the G12 Smartwatch enhances efficiency and organization in daily life.

As a wholly-owned subsidiary of Shenzhen Smart Care Technology Co., Ltd. (SMA), Aurafit has been a key player in the smart wearable industry for over a decade. The company boasts an expansive industrial park covering over 10,000 square meters and employs a strong team of over 600 professionals, with more than 20% dedicated to research and development. Aurafit has established itself as a leader in the field, offering a product line that includes smartwatches, smart headphones, and smart glasses, along with related accessories. With over 200 technology patents in health and sports recognition algorithms, Aurafit’s products are sold in more than 50 countries worldwide.

As it continues to push the boundaries of innovation and redefine the future of smart wearables, Aurafit welcomes partners from the global smart wearable industry to visit its booth at LVCC South Hall 1, #30121, during CES 2025.

For more information, please visit: www.aurafitofficial.com.

Media Contact: Chupeng Song, songchupeng@smawatch.com

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SOURCE Shenzhen Smart Care Technology Co., Ltd. (SMA)

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