From September 27th to 28th, Frost & Sullivan (Frost &The 2022 First New Investment Expo and the 16th Frost & Sullivan Global Growth, Innovation and Leadership (GIL) Summit (hereinafter referred to as the 'Conference'), co-hosted by Frost & Sullivan, in collaboration with Titanium Media, Roadshow China and Huajun Media Group, and co-organized by LeadLeo, grandly opened at the Shanghai International Convention Center. Dr. Wang Xin, Global Partner and President of Greater China at Frost & Sullivan, delivered a speech at the conference.
The full text of Dr. Wang Xin's speech is as follows:
Distinguished leaders, guests, media friends, and online viewers, Hello everyone!
First of all, on behalf of the event organizers Frost & Sullivan and co-organizers LeadLeo, I would like to express my heartfelt gratitude and warm welcome to all of you!
New investment is a brand-new concept and methodology of investing
"New investment" is a brand-new concept and methodology of investing. In the past, "fundraising, investment management, and exit" was the classic investment model. With the reform and upgrading of the capital market and the intensification of competition in the primary market in recent years, investment institutions have become increasingly eager to identify opportunities early and explore targets at an earlier upstream stage.
According to the report of the National Bureau of Statistics, last year China's total R&D investment wasRMB 2.8 trillion, accounting for nearly 2.5% of GDP, firmly ranking as the world's second-largest spender on R&D funds. According to reports from the World Intellectual Property Organization, both the global innovation index and the intensity of R&D funding investment rank China 12th and 13th globally, surpassing innovative countries such as France and the Netherlands.
Although China has seen an enhanced dynamism in innovation-driven development and new progress in building an innovative country over the past decade, its investment in science and technology has beenThere is still room for further improvement from 'large' to 'strong'. Most of the top 15 companies by market value in the United States are high-tech firms, while Chinese high-tech enterprises have not yet fully entered the ranks of the highest market value companies, and their proportion can be further increased. The state places great importance on innovation and technology. The long-term growth potential and investment opportunities for Chinese technology innovation enterprises are enormous. To fully tap the growth potential of science and technology innovation enterprises and accelerate their growth rate, it requires the joint efforts and collaboration of all sectors of society. Especially, the support of the capital market is crucial. Let us jointly build oneThe upgraded version of the classic investment model of 'fund raising, investment management, and asset disposal'.
New Investment is a three-dimensional, multi-dimensional spatial point matrix service system
New Investment is an ecological service system covering the entire lifecycle and entire industrial chain of an enterprise. It integrates a series of service capabilities through internalization and linking, including enterprise management, regulatory communication, industry development trend analysis, market and strategic planning, brand value empowerment, and more. It provides enterprises with better investment management services in all aspects. We refer to the above three-dimensional and multi-dimensional spatial point matrix service system as:TIM (TotalinvestmentManagement), that is, pan-region investment management.
To this end, we have specially invited professionals from various institutions including industry, academia, research, and investment to establish Frost & Sullivan.·LeadLeo Science and Technology Innovation Expert Committee. 'Many hands make light work', with all stakeholders collaborating highly to provide integrated service solutions for enterprise development. We believe that by working together, each fulfilling their role, we can meticulously craft and long-term practice pan-region investment management, benefiting all stakeholders and contributing to the country's innovative development.
New investments carryThe mission of 'Three Assignments'
Frost & Sullivan, in collaboration with its partners, adds value to corporate capital operations with professional knowledge, fuels industry transformation and upgrading, and provides services for national economic development. As of the end of last year, the number of small, medium and micro enterprises across the country reachedThe number of startups has reached 48 million households, a 2.7-fold increase compared to the end of 2012. They account for more than 95% of all enterprises in China, absorbing over 80% of employment opportunities and creating more than 70% of GDP. However, during the rapid development period, most startups do not possess a relatively mature business plan or development direction, and their understanding of policies and industries is relatively superficial. Especially in the first two years of entrepreneurship, which are critical for growth, the risks are higher and need to be guarded against.
This year, the number of fresh university graduates in China exceeded one million for the first time, setting new highs in both scale and increment; moreover;Under the 'Mass Entrepreneurship and Innovation' craze, more and more college students are engaging in entrepreneurial practices, but they also face problems such as financing difficulties, lack of experience, and inadequate services. They also need professional institutions to facilitate their career selection, employment, entrepreneurship, and innovation.
At the same time, in the face of an uncertain environment, if investment institutions want to find more certain investment opportunities, they need to have accurate assessments of global trends and national policies."Good industry", "good company" have profound insights.
"New Investments" is committed to empowering unmet needs in enterprises, industries, and society through the aforementioned initiatives.
Frost & Sullivan has more thanA comprehensive industry database accumulated over 60 years. Frost & Sullivan and LeadLeo have nearly 500 analysts in China, dedicated to in-depth industry and corporate original research for a long time. LeadLeo reports are included by one of the world's largest financial market data and infrastructure providers, Reuters. LeadLeo reports can accurately reach more than 40,000 institutional users and 400,000 professional financial professionals in 190 countries, seamlessly connecting the supply and demand sides of investment and financing, building a bridge.
Frost & Sullivan'For over 60 years, we have been dedicated to serving the capital market, having a good understanding of what kind of enterprises can successfully go public and enable investors to exit; we also possess rich experience in how to package and highlight investment highlights, as well as how to maintain a healthy interaction with the capital market.
For enterprises at different development stages, we leverage tools such asThe 'Entrepreneurship Voyager Program', 'Navigator Program', and 'Best Practice Award' help them focus on innovation and R&D capabilities, establish effective investment and financing strategies, talent strategies, industrial ecosystems, and market layouts, and build core competitiveness to achieve deeper and more sustained long-term growth.
growth Sci-tech innovation Leadership
Achieving growth is the top priority for enterprise development, while technological innovation is the core driving force for enterprise development. Becoming a market leader is a lofty goal for an enterprise's long-term sustainability."New investments" refer to investments in companies that have already achieved growth or are expected to demonstrate growth, innovation, and leadership in the future. The Frost & Sullivan Summit integrates professional resources, a pool of high-quality targets, capital pools, growth and innovation experts, and empowers businesses deeply.A practitioner of 'New Investment'. Helping enterprises achieve growth, empowering industrial transformation and upgrading through innovation and technology, cultivating leading Chinese entrepreneurs, and ultimately promoting China's economic and social development.
The Frost & Sullivan Summit is attended by more thanWith a history of hosting events for nearly 30 years in 20 countries and regions, the Frost & Sullivan Summit has successfully attracted the deep participation of Fortune Global 1000 companies, top domestic and international investment institutions, and other leading enterprises. It helps them identify opportunities, accelerate growth, innovate continuously, and gain a leading position in an increasingly complex and changing world. Since the launch of the Frost & Sullivan Summit in China in 2008, it has been successfully held for sixteen sessions in the country. It has become an important platform for outstanding domestic enterprises, academic institutions, investment experts, and regulatory authorities to exchange successful experiences and jointly discuss development directions, as well as an important window for the world to understand China's most cutting-edge development trends.
2022 is a crucial year for the implementation of the "14th Five-Year Plan" and a year of forging ahead towards the second centenary goal. Against the backdrop of China's entry into a new development pattern of "dual circulation" and industrial upgrading, opportunities of the times and capital allocation have deeply intersected. Cultivating and strengthening new drivers represented by new technologies, new industries, new business forms, and new models cannot be separated from the empowerment of industrial capital and the impetus of technological innovation.
Against this backdrop, for the first time this year, we have focused onThe 'New Investment' theme has been introduced, along with the addition of a New Investment Expo. The aim is to create a professional platform focusing on investment and financing services in the context of the new era. We welcome everyone to visit and inspect within the next two days, listen to the roadshow reports of startup teams, and pay attention to and support their innovative practices.
To this end, we have specially invited professionals from various institutions including industry, academia, research, and investment to establish Frost & Sullivan.·LeadLeo Science and Technology Innovation Expert Committee. 'Many hands make light work', with all stakeholders collaborating highly to provide integrated service solutions for enterprise development. We believe that by working together, each fulfilling their role, we can meticulously craft and long-term practice pan-region investment management, benefiting all stakeholders and contributing to the country's innovative development.
Acknowledgements
Finally, we would like to express our heartfelt gratitude to the co-sponsors of this conference: Titanium Media, Roadshow China, and Huajun Media Group, as well as our partners at the conference: Yunxing Medical and Silan Technology.
Thank you all!
