Opening Remarks by the Organizers | 2025 Frost & Sullivan China Entrepreneurship Annual Conference and Forbes China Industry Development Pioneer Awards Ceremony

Opening Remarks by the Organizers | 2025 Frost & Sullivan China Entrepreneurship Annual Conference and Forbes China Industry Development Pioneer Awards Ceremony

Published: 2025/03/29

主办方致辞 | 2025沙利文中国企业家年会暨福布斯中国行业发展领创者评选荣耀盛典

On March 22, 2025, Frost & Sullivan (Frost &The Frost & Sullivan China Entrepreneurship Summit 2025 & Forbes China Industry Development Pioneer Awards Ceremony (2025, jointly organized by Frost & Sullivan and Forbes China)Frost & Sullivan China Entrepreneurs Annual Conference and Forbes China Pioneer Innovators in Industry Development Selection Gala Evening ofHonor") was successfully held at Shanghai Seagull Lijing Hotel.

This grand event brought togetherOver 200 political, business, academic leaders, industry-leading enterprises, and representatives of investment institutions have jointly created a stage for in-depth exchanges and intellectual collisions. This has not only promoted cross-industry cooperation, inspired new business ideas, but also praised the pioneering entrepreneurial spirit from unique perspectives. At the same time, it outlines a shared vision for the future development of industries with the greatest investment potential.

 

The event kicks off with the presence of Zou Yaru, Global Partner and Executive Director of the Board at Frost & SullivanAroop Professor Wang Yu, an expert advisor to the judging panel and president of the China Hepatitis Prevention and Control Foundation, Dr. Wang Xin, a global partner at Frost & Sullivan and chairman of the Greater China region, and Graham Earnshaw) delivered speeches in turn.

Zu Yarou, Global Managing Partner and Executive Director of the Board at Frost & Sullivan

Aroop Zutshi, Global Managing Partner and Executive Board Member of Frost & Sullivan

The following is about Zouyarou (Aroop Key points of Zutshi's speech:

Ni Hao and a very warm welcome to all of you. On behalf of the Board of Directors of Frost & Sullivan, my fellow partners, Dr. Neil Wang and my entire team in China, I welcome you to our inaugural event hosted in collaboration with Forbes. Thank you for taking the time to come and join us today. I wanted to share a few insights for all of you in the audience, which is focused around transformation. I think we saw in the past year that there has been massive transformation happening and coming. I would encourage companies to understand this transformation and prepare for it. To overcome this challenge, we will significantly collaborate and partner in the future. This trend will continue to increase exponentially in the coming days, months and year.

Hello everyone! On behalf of the board of directors of Frost & Sullivan, Dr. Wang Xin, my partner, and all members of our China team, I would like to extend a warm welcome to your presence.The 2025 Frost & Sullivan China Entrepreneurs Annual Conference and the Forbes China Industry Development Pioneer Awards Ceremony. Thank you all for taking the time to attend! Today, I would like to share with you insights on 'change' — we are living through a global upheaval.

One thing I want to let everyone know is that this transformation is happening globally. Every part of the world is experiencing this change, no matter the industry, no matter the size of the company, no matter the region of the world. This transformation is coming and it's coming at a very fast pace. So as an industry consultant and an industry research company, we have been monitoring the reasons, impact, and duration of this transformation. There are 8 strategic imperatives that are causing this effect. They are related to technology disruptions. We have seen technologies like Artificial Intelligence, quantumcomputing,Data warehousing, etc., are all playing a very significant role in how and what we are going to do in the future. We have also seen massive megatrends that are changing the global landscape. These trends are no longer localized; they are global in nature. They will come and impact us in every direction. Similarly, there are huge changes happening in business models. New business models are coming into practically every industry we serve. It is no longer just happening in the business-to-consumer segment; it is also in business-to-business. Therefore, when you look at all this transformation, you also have to understand the geo-political chaos that is impacting the world. You have all seen the impact of tariffs, etc., initiated by the new administration in the US. This will mean new market alliances, new supply chains, etc., that companies will have to consider in the future. This will not stop in the near future. However, with all these transformations, we see new and powerful opportunities emerging before us. These opportunities have always been key to growing economies for governments, as well as business growth for corporates and investors worldwide.

Regardless of enterprise size, industry attributes, or location, this transformation is reshaping the world landscape at an astonishing pace. Industry transformation and collaboration have already occurred and are becoming a future trend. As industry consultants and research institutions, we have closely tracked their motivations, impacts, and cycles, and have identified several strategic factors driving this transformation:

· Technological Revolution: Technologies such as artificial intelligence, quantum computing, and data warehousing are profoundly reshaping future strategic directions and execution paths;

· Globalization super-trend: The once regional development momentum has evolved into global linkage;

· Business model iteration: fromFrom B2C to B2C and B2B, underlying business logic changes;

· Geopolitical Impact: Triggered by the new US tariff policy, tariff barriers have led to emerging market alliances and supply chain migrations.

So, for every company here, I would say, take advantage of this transformation, take advantage of this change, because change opens up new opportunities that you have never seen before or in the past. Just AI alone will open up so many different opportunities for us in our current business, including some new ones in the short term.

These changes will not stop at the present, but the opportunities born out of the crisis are also unprecedented.For the government, this is a new engine for economic growth; for businesses and investors, it is a strategic positioning battle in the reconstruction of the global landscape.

What we are finding is that in order to come up with these new growth opportunities and leverage these opportunities, you have to look at innovation. You have to make innovation the core of everything you do in your business. Because innovation gives you hope and, in the process, allows you to tackle some of these big challenges, big issues that are plaguing every company in the world today. Let's make innovation the core of everything we do. Technology is ubiquitous. It's available to everyone in every part of the world. You can now take help of technology to solve the biggest challenges in the world. One thing I can tell you, having traveled to more than 85 countries in the world working with business and corporates worldwide, including with governments, I can tell you, people in this room and people across the country of China are in very, very good shape. Your economy, your country, has made significant progress when it comes to leveraging and implementing technology. I remember about 10 years ago, Dr. Neil Wang took me to Nanjing to set up our new office. In Nanjing, I saw two buildings that hosted young entrepreneurs that were building technology solutions by leveraging AI when most of the world did not understand the word artificial Intelligence, China was way ahead of the curve. This is a trend that you will see more and more in China. So, I tell everyone in this room, you are very fortunate. You as a country are doing very well, and I believe the China's impact to the global economy will continue to be profound. Very recently, I was in Germany and I can tell you today, every automotive OEM in the world is amazed about the way the China automotive industry is developing. BYD is pretty much in every major European country. And they are showcasing how technology needs to be delivered in a car. They are setting up global standards. Every major automotive OEM is studying and learning from Chinese OEMs. So, what we are going to see is some significant development from companies in China in practically all industries. But one thing I do want to tell everyone in the audience, especially the entrepreneurs, that when you build solutions, you need to be part of an ecosystem. And those solutions must be very unique that are simple to explain and that are scalable, that are powerful in terms of its social impact. There has to be a purpose. And this is very important. And I believe that in the future, every major entrepreneur, every major corporation in this part of the world, must also be involved in giving.

For every business present here: in the face of challenges, innovation must be the anchorOnly by embedding innovation into genes can challenges be turned into opportunities. I have visited 85 countries around the world and collaborated with businesses and governments from all corners of the globe. I can tell you that the people in this room, as well as the entire Chinese people, are very fortunate. As an economy and a country, we have made remarkable progress in utilizing technology. I remember about ten years ago, Dr. Wang Xin took me to Nanjing to witness young entrepreneurs using AI to build solutions. At a time when most people in the world did not understand artificial intelligence, China was already at the forefront. I believe China's impact on the global economy will continue to be profound. Recently, I went to Germany where BYD has made significant development in Europe. Chinese automakers are redefining global standards, and this momentum is spreading to all industries.

In conclusion, I would like to congratulate every company that is being recognized today. I want to thank all our panel of judges who spent an incredible amount of time going through a great deal of detail about your company's metrics, about your achievements, and then finally selecting the companies that will be recognized here today.

Therefore, I would like to make a special recommendation to the entrepreneurs present: when building solutions, please integrate ecosystems, focusing on uniqueness, scalability, and social value. Future leading enterprises will inevitably be practitioners of business in alignment with goodness.

Finally, I would like to thank Forbes for partnering with Frost & Sullivan. We have Graham from Forbes here, collaborating with us, and bringing something to this audience and to this country that I believe will be a significant driver in the industry development you saw earlier on the slide. So, with that, I would like to welcome you all once again. Have a wonderful time. Thank you very much. And I hope to connect with all of you as the day progresses. Xie Xie.

Finally, congratulations to all the award-winning companies! We would like to thank the judging panel for their professional dedication, which has led to the careful review over several hours that has resulted in today's award-winning colleagues. We also want to express our gratitude to our partners: Forbes China, especially Mr. Yan Gewen who was present today, for his strong support. Let us work together to advance the industry! Thank you all again for coming and participating in this grand event. We look forward to having in-depth exchanges with you. Thank you!

Professor Wang Yu, Expert Advisor of the Evaluation Committee and President of the China Hepatitis Prevention and Control Foundation

Wang Yu, Chairman of the Chinese Foundation for Hepatitis Prevention and Control

 

The following are the key points of Professor Wang Yu's speech:

Distinguished entrepreneurs and experts, good afternoon!

Distinguished entrepreneurs and experts, good afternoon!

On behalf of the expert panel, I would like to speak on behalf of the Frost & Sullivan China Industry Development Leaders Selection Organizing Committee and with the trust of the judging panel experts.

On behalf of the Forbes and Frost & Sullivan China Industry Development Leaders Selection Committee, and with the trust of the judges, I am honored to deliver a speech on behalf of the panel of judges.

The selection experts from multiple fields are industry leaders. They listened attentively to the performance introductions of each shortlisted entrepreneur by the recommendationers and highly recognized the entrepreneurs' struggle and achievements.

The judges, who come from various fields and are all leading figures in their respective industries, have carefully listened to the introductions of the achievements of each shortlisted entrepreneur. We highly recognize the entrepreneurial journeys and accomplishments of these individuals.

We believe,The '2025 Forbes China Industry Development Leaders Selection' has very positive practical significance. China is a major manufacturing country in the world, known for its comprehensive and richest industrial chain, including both traditional industries and emerging ones. Looking at the industries of the recommended entrepreneurs, there are those in biomedicine, new energy, information technology, as well as catering, logistics, pet care, consulting, and even a cryo-electron microscope service center dedicated to structural biology research, which can be considered the pinnacle of high-tech service industries. There are only things that cannot be imagined or known that cannot be bought or reserved. These entrepreneurs are like pearls on the industrial chain, shining on their own and representing and leading the innovative development of various industries.

We believe that the 2025 Forbes China Pioneer Innovators in Industry Development Selection holds great positive and practical significance. China is a global manufacturing powerhouse, renowned for its comprehensive and diverse industrial chains, which include both traditional industries as well as emerging ones. Looking at the industries of the nominated entrepreneurs, we see a wide range, from biopharmaceuticals, new energy, and information technology to the catering industry, logistics, pet services, consulting, and even specialized services like cryo-electron microscopy centers for structural biology research, which represent the pinnacle of high-tech service industries. In China, there is nothing that cannot be bought or ordered virtually; the only limitations are imagination and knowledge. These entrepreneurs are like pearls on various industrial chains, each shining brightly while representing and leading the innovative development of their respective industries.

It now appears that simply ranking entrepreneurs by their wealth does not fully reflect the innovative, developmental, and growth characteristics of these industries and services, especially their trend-setting and leading qualities. More elements should be used to describe, reflect, and evaluate them. This is because it is a world-class and historic phenomenon.

It now appears that ranking entrepreneurs solely by their wealth cannot fully reflect the characteristics of innovation, development, and growth potential of these industries and service sectors, especially their trend-setting and leading nature. A more comprehensive set of criteria is needed to describe, reflect, and evaluate these phenomena, as this is a world-class and historic occurrence.

The Forbes and Frost & Sullivan jointly conduct the China Industry Development Pioneer Awards, which possess undisputed authority, seriousness, and a solid business foundation.

Forbes and Frost & Sullivan's joint initiative to conduct the China Pioneer Innovators in Industry Development Selection is undoubtedly authoritative, highly rigorous, and backed by a strong foundation in expertise.

Although today's societyFrontier technology industries such as AI, new energy, biomedicine, and new materials have formed very active and surging waves. These industries are changing rapidly, but they still have deep and solid basic needs in human society, which are becoming increasingly profound. For example, the pursuit of survival, health, and longevity requires various industrial chains represented by the service industry.

Despite the fact that today's society is witnessing very active and surging waves of innovation in frontier technology industries such as AI, new energy, biopharmaceuticals, and new materials, which are constantly changing, there are still deep and stable fundamental needs in human society that are becoming increasingly profound, such as the pursuit of survival, health, and longevity. These needs are supported by various industrial chains, represented by the service sector.

Medicine is very much about pursuing cutting-edge research, but for anyone suffering from a particular disease, no medical specialty is insignificant or does not require development and innovation. In hospitals, it's not just the oncology department that matters; if you have skin problems, the dermatology department is important; if you have eye problems, the ophthalmology department is important.

Medicine may pursue the cutting-edge, but for any individual suffering from a particular disease, no medical specialty is a minor department that does not require development and innovation. In a hospital, it is not just the oncology department that is important. If you have a skin disease, the dermatology department is crucial. If you have an eye condition, the ophthalmology department is vital.

Innovation, leadership, and growth are the tenets of the industry development leader selection, aimed at encouraging and promoting the extension and strengthening of the industrial chain, with driving the development of the industry being the original intention of the selection. It is hoped that the selected individuals will continue to carry forward the spirit of innovation and growth, leading the industry's continuous development.

Innovation, leadership, and growth are the tenets of the Forbes China Pioneer Innovators in Industry Development Selection. Encouraging and promoting the extension and strengthening of industrial chains and driving industry development are the original intentions of this selection. We hope that the selected individuals will continue to carry forward the spirit of innovation and growth and lead the continuous development of their industries.

Wish the selection activity for industry leaders in China continues to improve, expanding its influence day by day, and becoming a descriptor and promoter of industry development in China.

We wish the Forbes China Pioneer Innovators in Industry Development Selection continued improvement and expansion of its influence, becoming a describer and promoter of China's industry development.

I would like to take this opportunity to express another perspective from the standpoint of the China Hepatitis Prevention and Control Foundation. Entrepreneurs interact with social consumers through their products, Forbes assesses entrepreneurs' wealth, while Frost & Sullivan participates in corporate and social interactions through professional consulting. In today's era of Made in China and China Services, another important aspect is the corporate social responsibility, including public welfare and charitable activities. The China Hepatitis Prevention and Control Foundation serves as a bridge and messenger of love between entrepreneurs and the vast number of liver disease patients in our country. Entrepreneurs who are concerned about the burden of hepatitis and related diseases in our country are welcome to discuss any good deeds aimed at aiding liver disease patients and alleviating their suffering with the Hepatitis Foundation.

Taking this opportunity, let me express another sentiment from the perspective of the China Hepatitis Prevention and Control Foundation. Entrepreneurs interact with consumers through their products, Forbes assesses entrepreneurs' wealth, and Frost & Sullivan facilitates the interaction between enterprises and society through professional consulting. In today's era of China's manufacturing and service development, there is another important aspect: corporate social responsibility, philanthropy, and charitable activities. The China Hepatitis Prevention and Control Foundation serves as a bridge and messenger of compassion between entrepreneurs and the vast number of patients with liver diseases in our country. We warmly welcome entrepreneurs who are concerned about the burden of hepatitis and related diseases in China to discuss any benevolent actions with the foundation to help alleviate the suffering of patients with liver diseases.

Thank you to Forbes, Frost & Sullivan, and all the judging experts!

Thank you, Forbes, Frost & Sullivan, and all the judges!

Dr. Wang Xin, Global Partner and Chairman of Frost & Sullivan Greater China Region

Neil Dr.Wang, FrostSullivan Global Partner and Greater China Chairman

 

The following are the key points of Dr. Wang Xin's speech:

Distinguished guests, ladies and gentlemen:

Hello everyone!

Distinguished guests, ladies and gentlemen,

Welcome everyoneThe 2025 Frost & Sullivan China Entrepreneur Annual Conference. First of all, on behalf of Frost & Sullivan, I would like to extend my warmest welcome and heartfelt gratitude to every guest present here! Thank you all for taking the precious time off on the weekend to come from all over the world to share our glory, to reminisce about old friendships and to discuss development with new and old friends across industries.

It is my great honor to welcome you to the 2025 Frost & Sullivan China Entrepreneurs Annual Conference. On behalf of Frost & Sullivan, I would like to extend my warmest greetings and heartfelt gratitude to all of you. Thank you for taking the time to join us from across the world, especially on a weekend, to celebrate excellence, foster friendships across industries, and explore new opportunities for collaboration and growth.

This year's Frost & Sullivan Entrepreneurs Annual Conference is particularly so"Value for money." Firstly, it is due to our strategic cooperation with Forbes China, which has brought together the top resources and professional teams of both parties in industry research and media communication, jointly creating a new selection project called "Industry Development Leaders." Secondly, it is because the 100 "leading" enterprises gathered at today's event... The 'Annual Gathering' truly became a grand event with 'complete confidence'.

This year's Frost & Sullivan Entrepreneurs Annual Conference is particularly significant. Firstly, it marks the launch of an exciting new initiative, the 'Pioneer Innovators in Industry Development' project, born from our strategic partnership with Forbes China. This groundbreaking collaboration combines Frost & Sullivan's unrivaled expertise in industry research with Forbes China's legacy of leadership in media and global influence, showcasing a shared commitment to identifying and empowering transformative leaders. Secondly, today's gathering brings together 100 of the most pioneering and innovative companies, making this event not only an annual meeting, but a dynamic celebration of confidence in the future of business.

Both Frost & Sullivan and Forbes China Group are industry-leading institutions with a global perspective, and have also been deeply involved in the Chinese market for a long time. Frost & Sullivan has been deeply involved in industry research for over60Carry, renowned for its in-depth industry insights, rigorous data analysis, and professional consulting services, enjoys a high reputation in the global capital markets. Forbes China, with a century-long heritage, discovers emerging leaders from unique perspectives, inspiring countless doers to pursue their dreams.

Both Frost & Sullivan and Forbes China are organizations with a global outlook and a deep commitment to the Chinese market, each recognized as a leader in its respective field. For over 60 years, Frost & Sullivan has been a trusted authority in industry research, renowned for our rigorous data analysis, actionable insights, and strategic advisory services that have earned us a stellar reputation in global capital markets. Forbes China, with its century-old heritage, is celebrated for its ability to identify emerging leaders and inspire entrepreneurs to pursue their ambitions.

This collaboration with Forbes China allows us to present a vivid "Characters" Entrepreneurs go to observe the trajectory of business growth and document the evolution of industries. This not only enriches Frost & Sullivan "Global investment management" The ecosystem enables us to showcase more outstanding Chinese industry development leaders to the world and further unleashes the capabilities of Frost & Sullivan.For 30 years, we have been continuously focusing on the long-term impact and infinite possibilities of growth, innovation, and leadership best practices.

This partnership with Forbes China allows us to explore the evolution of business and industry through inspiring stories of remarkable individuals. It enriches Frost & Sullivan's 'Total Investment Management' ecosystem and enables us to present a more vivid and compelling narrative of China's Pioneer Innovators in Industry Development to the global stage. At the same time, it reinforces Frost & Sullivan's nearly three decades of commitment to promoting growth, technological innovation, and leadership excellence in China.

Looking ahead, the tide of technology is surging, and market patterns are changing rapidly. However, no matter how times change, the entrepreneurial spirit remains one of the core forces driving social progress.

Looking ahead, the rapid advancement of technology and the ever-changing dynamics of global markets will continue to define the business landscape. Yet, through all this change, one constant remains: entrepreneurship. It is, and always will be, one of the driving forces behind societal progress and economic transformation.

Frost & Sullivan is optimistic about China and the future, especially about the bright prospects for the development of Chinese enterprises. We believe that the exemplary leadership of our pioneers will surely lead the Chinese economy to create more glories on its new journey!

Frost & Sullivan is highly optimistic about China's future and the bright prospects of Chinese enterprises. We firmly believe that the pioneering and innovative efforts of the leaders gathered here today will continue to set benchmarks for success and lead China's economy to unprecedented heights.

Congratulations again! Thank you!

Once again, congratulations to all of you for your achievements and thank you for being part of this extraordinary gathering.

Yan Gewen, Chief Strategy Officer of Forbes China Group

Graham Earnshaw, Chief Strategy Officer of Forbes China Group

 

The following is by Yan Gewengraham Key points of Earnshaw's speech:

Distinguished guests: Good day to all!

Distinguished guests,

Hello, everyone!

I am Yan Gewen, Chief Strategy Officer of Forbes China Groupgraham Frost & Sullivan), and on behalf of Forbes China Group, I would like to thank everyone for attending this event! At the same time, I am also very grateful to Frost & Sullivan (Frost &We would like to express our gratitude for the strong support of Sullivan for this event, as well as their efforts in the launch and promotion of the '2025 Forbes China Industry Development Leaders Selection'.

I am Graham Earnshaw, Chief Strategy Officer of Forbes China Group. On behalf of Forbes China Group, I would like to express our sincere gratitude to everyone for attending this event today. We would also like to extend our heartfelt thanks to Frost & Sullivan for their strong support for this event and for their efforts in the launch and advancement of the "2025 Forbes China Pioneer Innovators in Industry Development Selection."

Today, we gather here with some of China's most outstanding entrepreneurs and leaders from various industries. Taking this opportunity, we can discuss together about business growth and industry development. We have just come off a challengingThe year 2024 has arrived and 2025 is approaching. Especially in the past two months or so, we have experienced more profound and complex changes. On one hand, geopolitics has become more volatile, and the pace, extent, and uncertainty of economic globalization adjustments have exceeded expectations. On the other hand, domestic investment and financing, domestic demand, market confidence, and other aspects in China require greater stimulation and improvement. Moreover, the urgency of technological innovation and industrial innovation was also given more attention at the recently held 'Two Sessions'.

Today, we gather here with the most outstanding entrepreneurs and industry leaders from across China. This is an opportunity for us to jointly explore business growth and industry development. We have just moved from the challenging year of 2024 into 2025, and especially in the past two months, we have experienced more profound and complex changes. On one hand, geopolitical situations have become more volatile, with the speed, extent, and uncertainty of the adjustment of economic globalization exceeding expectations. On the other hand, China's domestic investment and financing, domestic demand, and market confidence all require more vigorous stimulus and improvement. The urgency of technological and industrial innovation was also highlighted more prominently at the recently heldThe Two Sessions of the NPC and the CPPCC.

Currently, challenges from global ecological and business trends are intensifying. These challenges are not only at the enterprise level but also at the industry level.The speed of industry and market changes has even exceeded that of corporate change in the past. Historical experience tells us that companies that can grasp industry changes, especially those that can lead continuous breakthroughs and innovation within their industries, will reap unimaginable benefits.

Currently, challenges from global ecological and business trends are intensifying. These challenges are not only at the corporate level but also at the industry level— the pace of industry and market changes is even faster than the pace of corporate changes in the past. Historical experience has taught us that companies that can grasp industry changes, especially those that can lead industries to continuous breakthroughs and innovations, will reap unimaginable benefits.

On this extremely critical stage, we look forward to the outstanding entrepreneurs, especially leaders in various industries, demonstrating greater leadership and innovation, and taking on more industry responsibilities and social commitments. Today, Forbes China is honored to be with you to discuss the challenges and opportunities we share. We hope everyone can speak freely and share valuable perspectives and ideas.

At this extremely critical stage, we expect our outstanding entrepreneurs, especially the leaders of various industries, to exercise greater leadership and innovation, and to demonstrate more industry responsibility and social commitment. Today, Forbes China is honored to be here with all of you to discuss the challenges and opportunities we face together. We hope that everyone will speak freely and share their valuable insights and ideas.

Thank you all!

Thank you all!

 

In addition, Dr. Wang Xin isThe 2025 Forbes China Industry Development Leaders Awards Honorary Ceremony welcomed the guests.

Dr. Wang Xin, Global Partner and Chairman of Frost & Sullivan Greater China Region

Neil Dr.Wang, FrostSullivan Global Partner and Greater China Chairman

 

The following are the key points of Dr. Wang Xin's speech:

Distinguished guests, ladies and gentlemen:

Good evening!

Distinguished guests, ladies and gentlemen,

Welcome everyone to Shanghai, a city"Embracing all rivers and striving for excellence" defines the spirit of this international metropolis. By the Pujiang River, we jointly witness the grand occasion of the 2025 Forbes China Industry Development Leaders Selection. First of all, please allow me on behalf of the selection organizers - Frost & Sullivan - to extend our most sincere gratitude and warmest welcome to all entrepreneurs and all guests present!

Welcome to Shanghai, a vibrant international metropolis renowned for its spirit of inclusivity and pursuit of excellence. Tonight, by the banks of the Huangpu River, we gather to witness the grand celebration of the 2025 Forbes China Pioneer Innovators in Industry Development Awards. First and foremost, on behalf of the organizers—Frost & Sullivan—we would like to extend our deepest gratitude and warmest welcome to all the entrepreneurs and distinguished guests present here tonight.

The words 'lead' and 'create', seemingly simple, contain profound meanings and power.

The two words, "Pioneer" and "Innovation," may seem straightforward, but they carry profound significance and immense meaning.

In an era where technology is changing rapidly, entrepreneurs who can lead trends, dominate industries, and steer the future are not only at the forefront but also the pillars of society.

In this era of rapid technological advancement, entrepreneurs who lead trends, shape industries, and navigate future opportunities are not only the leaders of their fields but also the pillars of progress.

In the face of an extremely competitive market, entrepreneurs who can continuously break through in technology, product, model, management, and other aspects to achieve differentiated success and continuously inject new vitality and momentum into the market are trendsetters as well as disruptors.

In the face of increasingly competitive markets, those who continuously break through in areas such as technology, products, business models, and management, achieving distinctive success while injecting fresh vitality and new momentum into the market, are both pioneers and groundbreakers.

In recent years, industry leaders and innovators have continuously crossed boundaries and integrated with each other, giving rise to new productivity and possibilities. Resources and technologies coexist and win-win situations are created, constructing an anticipated future industrial landscape.

In recent years, industry leaders and innovators have increasingly transcended boundaries, driving new sources of productivity and possibilities. Through the synergy of resources and technologies, they have created a promising vision of future industries where collaboration and mutual success flourish.

"Leading" and "creating" are precisely the epitome of the vibrant entrepreneurial spirit of China. Tonight, entrepreneurs share a common name—leaders and creators; and we are honored to give a thumbs up to these 55 vivid interpretations that embody this resounding title!

"Pioneer" and "Innovation" are indeed the most vivid expressions of entrepreneurship in China. Tonight, every entrepreneur here shares a common title: Pioneering Innovators. And we are deeply honored to celebrate the 55 diverse and inspiring representations of that title.

Now, let us raise our glasses together to congratulate all the pioneers in Forbes China's industry development! Pay tribute to you! We wish you continued leadership in the industry, creation of value, and courage to take responsibility in your future endeavors, contributing to the vigorous development of China's economy."Leading Innovation" power!

Now, let us raise our glasses together to congratulate all the Forbes China Pioneer Innovators in Industry Development! We wish you continued success in the future, as you lead industries, create value, and shoulder responsibilities, contributing your trailblazing power to the vibrant development of China's economy.

Cheers! Thank you all!

Cheers! Thank you all!

 

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