On August 28th, the 2025 Frost & Sullivan New Investment Conference AI Evolution Theory - Physical World Intelligent Systems Sub-forum, hosted by Frost & Sullivan (Frost & Sullivan, abbreviated as 'Frost & Sullivan') and co-organized by LeadLeo, successfully concluded. This forum was jointly organized by Frost & Sullivan and LeadLeo.
In today's era of continuous development of AI technology, the transformation brought about by AI is not limited to the virtual digital world. More and more enterprises are trying to achieve breakthroughs in technology and products through AI technology, including real-world technology providers. This has led to the emergence of more creators and users of real-world technologies bringing corresponding product and technological breakthroughs through AI technology by 2025. This trend also shows that AI technology is continuously changing the real physical world. Therefore, how to further seize the new opportunities for breakthroughs in AI technology in the physical world has become a focus for investors and entrepreneurs.
At the AI Evolution Theory - Physical World Intelligent Systems Sub-forum, participants discussed new investment and financing opportunities for physical world intelligent systems. They also focused on how physical world intelligent systems with AI as the core engine can empower various industries and explored their commercial value and potential in depth. At the conference site, based on Frost & Sullivan's research accumulation, the 'White Paper on AI Empowering All Industries', 'Best Application Practices in China's GenAI Industry 2025', 'Best Practice Application List of Chinese Al Agents (Intelligent Systems) 2025', 'Insights into the Development of Synthetic Data Solutions in China 2025', 'Insights into the Development of World Models in China 2025', and 'Insights into the Development of Specialized, Sophisticated, Innovative Enterprises in China 2025' were grandly released. In addition, the Frost & Sullivan's quadrant chart report plan for the entire year of 2025 in the AI field was also released.
NIE 2025

Mr. Zhang Zhiwei, Executive Director of Frost & Sullivan Greater China Region
Mr. Zhang Zhiwei, Executive Director of Frost & Sullivan Greater China, presided over the sub-forum on AI Evolution - Physical World Intelligent Systems and delivered an opening speech, officially kicking off this forum.
Opening Remarks

Mr. Yang Xiaocheng, Partner and Managing Director of Frost & Sullivan Greater China Region
Mr. Yang Xiaocheng, Partner and Managing Director of Frost & Sullivan Greater China, delivered a welcome speech for the forum.
Mr. Yang Xiaocheng emphasized the critical role of artificial intelligence in the current intelligent systems of the physical world during his speech, pointing out that AI has not only changed the way we work but also profoundly influenced business operations and industrial development. The theme of this 'AI Evolution Theory - Physical World Intelligent Systems' forum was proposed against this backdrop, and he looks forward to finding more innovative ideas and cooperation opportunities through forum exchanges. At the forum, Frost & Sullivan will release a series of latest AI-related research reports covering applications across multiple industries, and invite top experts to share their profound insights. Mr. Yang Xiaocheng finally thanked the participating guests and partners for their support and expressed his expectations for the future of AI empowering the physical world intelligent system.
Keynote Speech

Mr. Sae-Jun Park, Head of Frost & Sullivan Korea Region
Keynote 1: The 50 Most Transformative Technologies of 2025
First of all, Mr. Sae-Jun Park, Head of Frost & Sullivan's Korea region, delivered a keynote speech titled 'The 50 Most Transformative Technologies for 2025', which introduced in detail the 50 most transformative technologies for 2025. From these technological breakthroughs, one can see the technological development trends for 2025, helping enterprises optimize their technology in the fierce market competition and providing new ideas and methods for future digital transformation.

Mr. Wan Yong, Chairman of SULLIVAN TELE-TREND CLOUD TECHNOLOGY and Chief Executive Officer of TradeGo
Keynote 2: Observations on IPOs and Refinancing in the Hong Kong AI Industry
Mr. Wan Yong, Chairman of SULLIVAN TELE-TREND CLOUD TECHNOLOGY and Chief Executive Officer of TradeGo, in his keynote speech on 'Observations on IPOs and Refinancing in the Hong Kong AI Industry', analyzed in depth the current development status and future trends of IPOs in the Hong Kong AI industry. He pointed out that the IPO filing and financing situation in Hong Kong can provide a good indication of the current and future development trends of AI-related companies. Currently, the number of IPO filings and financings in the market for the AI industry is continuously increasing, which further shows that investors have high expectations and investment desires for the AI market.

Mr. Liu Mingrui, Partner at EY's Strategy & Transaction Advisory
Keynote 3: New Trends, New Transformations: Insights into the Trend of AI Entering the Physical World
At this forum, EY1Mr. Liu Mingrui, Partner of Strategy and Transaction Consulting, was invited to deliver a keynote speech titled 'New Trends, New Transformations: Insights into the Trend of AI Entering the Physical World'.
Mr. Liu Mingrui pointed out that, driven by policies, technology, hardware, and the supply chain ecosystem, the physical intelligent industry is experiencing rapid development. However, data bottlenecks and application breakthroughs are the most pressing challenges currently facing the industry. Current AI technology is accelerating its entry into the physical world, creating new paradigms, becoming new entry points, and building new platforms. It is continuously fostering revolutionary technological breakthroughs in the field of the physical world, which is closely related to human life.
Note1EY (China) Business Consulting Limited

Dr. Liu Jun, Chairman of Rilian Technology
Keynote 4: AI Leading the Transformation of the Industrial X-ray Inspection Industry
On the forum, Dr. Liu Jun, Chairman of Rilian Technology, delivered a keynote speech titled 'AI Leading the Transformation of the Industrial X-ray Inspection Industry'. He analyzed in depth the industry changes and technological breakthroughs brought about by AI technology to the X-ray inspection industry. He also revealed the future integration trend of AI technology with the X-ray inspection industry. In line with this trend, Rilian Technology is using AI technology to smartly go global, illuminating the world with advanced X-ray technology.

Ravi Krishnaswamy, Managing Director of Frost & Sullivan APAC
Keynote 5: Industrial Transformation Driven by Artificial Intelligence
Mr. Ravi Krishnaswamy, Managing Director of Frost & Sullivan Asia-Pacific, delivered a keynote speech titled 'AI-Driven Industrial Transformation', detailing the industrialization changes brought about by AI intelligence in specific industries in the new era. He mentioned that population-intensive industries are the frontier application direction for GenAI, with more implementation of generative AI. At the same time, he pointed out that the current industrial transformation has moved from Industry 4.0 to Industry 5.0, where customer experience and customized services are more valued, and AI will play a decisive role in this process.

Mr. Fang Chao, Chief Advisor of HAI Chuanghui AI, Professor at Huazhong University of Science and Technology, and Chief Strategic Scientist at Beijing Yizhuang Artificial Intelligence Research Institute and Hubei Optics Valley Laboratory
Keynote 6: Structural Transformations in Innovation and Entrepreneurship: The Power of AI
On the forum, Mr. Fang Chao, Chief Advisor of HAI CHUANG HUI AI, Professor at Huazhong University of Science and Technology, and Chief Strategic Scientist at Beijing Yizhuang Artificial Intelligence Research Institute and Hubei Optics Valley Laboratory, delivered a keynote speech titled 'Structural Transformations in Innovation and Entrepreneurship: The Power of AI'. He used HAI CHUANG HUI as an example to illustrate the efficiency and benefits brought about by the innovation and entrepreneurship structure enhanced by AI technology, reflecting that AI technology also possesses highly efficient and powerful support in innovation and entrepreneurship.
White Paper Release

Ms. Li Qing, Executive Director of Frost & Sullivan Greater China
Ms. Li Qing, Executive Director of Frost & Sullivan Greater China, released a series of reports including 'White Paper on AI Empowering All Industries', 'Best Application Practices in China's GenAI Industry 2025', 'Best Practice Application List of Chinese Al Agents (Intelligent Entities) 2025', 'Insights into the Development of Synthetic Data Solutions in China 2025', 'Insights into the Development of World Models in China 2025', and 'Insights into the Development of Specialized, Refined, and Innovative Enterprises in China 2025'. She also announced the Frost & Sullivan quadrant chart report plan for the entire year of 2025 in the AI field. Ms. Li Qing pointed out that in 2025, AI is moving from 'capability breakthroughs' towards 'value implementation', with key technologies such as generative AI, intelligent entities, synthetic data, and world models deeply embedded into the industrial system. AI has significantly improved efficiency and experience in fields such as finance, healthcare, and industry. Intelligent entities are accelerating their implementation in core enterprise scenarios, synthetic data helps with model iteration and compliance governance, and world models are driving breakthroughs in the integration of virtual and real applications. At the same time, specialized, refined, and innovative enterprises continue to make efforts in key technology areas, becoming the backbone of intelligent transformation.
Keynote Speech

Mr. Yan Changping, Vice President of Yipijitong
Keynote 7: Yipijit Promotes the Ubiquity of AI Data Centers
Next, Mr. Yan Changping, Vice President of Yipijizhi, delivered a keynote speech titled 'Yipijizhi Committed to Promoting the Ubiquity of AI Data Centers'.
Mr. Yan Changping elaborated on the increasing demand for data centers in today's highly developed AI technology landscape. Yipji has identified business opportunities within this trend. By continuously promoting the development of AI data centers, while enhancing the ubiquity of data centers, it is helping to break through the era of AI technology development.

Mr. Yao Youping, President of Zhongguancun KEGIN
Keynote 8: Hierarchical Large Models: The Leap from Good-to-Industrial-Use
Mr. Yu Youping, President of Zhongguancun KEGIN, delivered a keynote speech titled "New Infrastructure in the Intelligent Era: How Vertical Large Models Become the Core Engine for Industry Efficiency Improvement." Mr. Yu Youping stated that the country's deep implementation of the "Artificial Intelligence +" initiative has pointed the way for AI to empower various industries in the ToB sector. Vertical large models and industry intelligent entities are the key paths to bridge the last mile of "Artificial Intelligence +," but this process needs to be customer-centric, breaking down four barriers: knowledge, scenario, trust, and talent. Only by making AI technology truly fit the pain points of industries can "Artificial Intelligence +" transform from a policy orientation into tangible industrial value. Currently, Zhongguancun KEGIN has implemented vertical large models and applications in fields such as finance, government affairs, industrial manufacturing, transportation, automotive, retail, and enterprise globalization, helping customers achieve "new intelligence" upgrades.

Mr. Wan Bin, COO of Qingleang
Lecture 9: Industrialization Exploration and Practice of Embodied Intelligent Robots
Mr. Wan Bin, COO of Qiling, delivered a keynote speech titled "Industrialization Exploration and Practice of Embodied Intelligent Robots". As a global top general-purpose + specialized humanoid robot company, Qiling has shipped over 100,000 robots in total, with its business covering more than 60 countries and regions around the world.
In his speech, Mr. Wan Bin shared that the scenario-specific characteristics of serving robots determine extremely high requirements for intelligence levels. Relying on its full-stack self-developed technology system and the closed-loop capability of 'R&D - Manufacturing - Supply Chain', Qinglang has achieved remarkable commercialization results in multiple scenarios. Robot products have been widely applied in all ecological scenarios such as catering, hotels, healthcare, retail, and more.
Mr. Wan Bin stated that the core of embodied intelligence is not only technology but also the construction of a closed-loop data system in the physical world. Leveraging the industrialization advantages derived from massive real-world scenario data accumulation, Qingleang Intelligence adopts a 'general-purpose + specialized' collaboration model—using general humanoid robots to handle complex and variable tasks, while combining specialized robots for efficient large-scale implementation.

Deeply believe in Mr. Yang Zijiang, Founder of Shenzhen Kechuang Information Technology Co., Ltd.
Lecture 10: Data Synthesis for Embodied Intelligence
Mr. Yang Zijiang, founder of Shenzhen Xinkong Technology Information Co., Ltd., delivered a keynote speech titled "Data Synthesis for Embodied Intelligence." Mr. Yang focused on the types of data used in embodied intelligence and the methods of collection, while also mentioning the concept of synthetic data. He believes that in the future, synthetic data will be more widely used and sought after in the application of embodied intelligence and other AI technologies. This is also why Shenzhen Xinkong Technology hopes to provide customers with more realistic and reliable synthetic data to meet their data needs.

Mr. Wang Fei, Executive Director of Business Intelligence at Shangtang Jueying
Keynote 11: Driving the Future with "Data Fuel": Unveiling a New Path for AGI with the Enlightenment World Model
Mr. Wang Fei, Executive Director of SenseTime's Jieying, demonstrated the industry's first mass-produced and interactive "Jieying Kaiwu" world model. It was officially unveiled as part of the first generative world model product platform for assisted driving, and the industry's largest-scale generative driving dataset, "WorldSim-Drive," was released, continuously empowering the assisted driving industry. Moreover, SenseTime's virtual-real fusion data paradigm developed in the field of assisted driving will empower the field of embodied intelligence, focusing on people, objects, and scenes. Through industry-leading large model technical capabilities, it generates first-person and third-person data consistent with space-time, constructing a new 4D real world for embodied intelligence.

Mr. Nie Kaixuan, Founder & CEO of Shanghai Songying Technology
Keynote 12: Physical AI Simulation System to Accelerate the Commercialization of Embodied Robots
Mr. Nie Kaixuan, Founder and CEO of Shanghai Songying Technology, delivered a keynote speech titled "Physical AI Simulation Systems Accelerate the Commercialization of Embodied Robots".
He pointed out that the launch of physical AI marks a new phase in artificial intelligence, with its core technology becoming the next 'CUDA'. Under this trend, Songye's self-developed ORCA physical AI simulation platform has emerged as an innovative achievement that integrates technological and industrial needs.
The core strength of Songying ORCA lies in building a physically accurate multi-scenario simulation platform: integrating high-fidelity rendering with high-precision physical simulation technology, as well as data synthesis technology; ensuring reliable data to bridge the Sim2Real gap and accelerate the commercialization of embodied robots.

Mr. Yang Laitu, CEO of SIVI Intelligence Connect
Keynote 13: Experience Evolution and Scenario Innovation of Intelligent Cockpits Driven by AI
Mr. Yang Laitu, CEO of SIVI Intelligent Connected, delivered a speech titled "Experience Evolution and Scenario Innovation of Intelligent Cockpits Driven by AI". Mr. Yang pointed out that intelligent cockpits are gradually becoming standard equipment for cars in the new era, and more and more consumers are paying close attention to the performance and experience of automotive intelligent cockpits. Excellent intelligent cockpit solutions have shifted from passively responding to user needs to actively serving them. He emphasized that the value of AI lies in liberating and developing human creativity, helping to improve the operational efficiency of society and organizations, and jointly building a sustainable future.

Ms. Zheng Yajing, CFO of HuiZhi
Keynote 14: Application Innovation of AI-driven Digital Marketing Services for Overseas Tourists' Entry Tourism
Ms. Zheng Yajing, CFO of HuiZhi, delivered a keynote speech titled "Innovation in AI-driven Digital Marketing Services for Overseas Visitors' Entry Tourism." Ms. Zheng mentioned that AI technology has also brought new breakthroughs to the service industry, especially in AI marketing and promotion targeting the tourism sector overseas, which has provided a new direction for digital marketing services. At the same time, Ms. Zheng pointed out that after HuiZhi began experimenting with AI technology for targeted entry tourism data-driven marketing services, the number and revenue efficiency of overseas visitors have been effectively improved, which also demonstrates the potential for AI technology in digital marketing. HuiZhi itself focuses on the B2B domain, covering outbound tourism for Chinese tourists, cross-border tourism for overseas visitors, and entry tourism for overseas visitors, including Category C, B, and G, supply chain, and diverse channels. The accumulation of big data from multi-country, multi-language, multi-format, and multi-payment link scenario transactions provides more testing and deep application possibilities for future improvements in conversion efficiency from internal operations to empowerment at both upstream and downstream ends. From software data lakes to operational generation and development, to the effective application of wearable devices in the tourism industry.
NIE 2025
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