On August 30, 2024, Shanghai - Hosted by Frost & Sullivan (Frost & Sullivan, abbreviated as 'Frost & Sullivan') and co-organized by LeadLeo, the 18th Frost & Sullivan China Growth, Innovation and Leadership Summit 2024 and the 3rd New Investment Conference were successfully held at the Jing'an Ruiji Hotel in Shanghai from August 28 to August 30. The conference gathered over 200 heavyweight guests from home and abroad, with more than 100 speeches/talks in total, and a professional audience size of over 3,000 people at the event.
This year's Frost & Sullivan New Investment Conference is themed 'Gather Strength & Win the Future with Quality'. It brings together the wisdom and efforts of the global industry, academia, and investment community to jointly explore new growth points, new markets, and new tracks for the Chinese economy in the new era. The conference lasts for three days and includes one opening ceremony and plenary session, as well as six thematic industry sub-forums. These forums delve into cutting-edge topics such as new investments in life sciences, new consumption and food and beverage industry investments, ESG and new quality productivity, high-quality development of listed companies, AI and the digital economy, intelligent manufacturing, and brand globalization. By integrating diverse perspectives and reaching broad consensus, the conference aims to promote a new chapter in cooperative development among all parties.
Discussing "New Investments" and Planning for New Growth
Mr. David Frigstad, Chairman of Frost & Sullivan's Global Board of Directors, stated that the current global economy is at a critical stage of an intelligent revolution, which will greatly drive the development of productivity and create unprecedented opportunities for global enterprises. He pointed out that Chinese companies are particularly capable of leveraging their advantages in manufacturing and technology integration to gain a favorable position in the global market. To seize these opportunities, enterprises need to build a complete value chain ecosystem, including supply chains, customer chains, marketing chains, and technology chains, and find suitable partners to jointly develop these opportunities. In addition, David Frigstad expressed his confidence and anticipation for Chinese companies to explore new opportunities globally.
Mr. Aroop Zutshi, Global Managing Partner and Executive Director of the Board at Frost & Sullivan, pointed out that in today's rapidly changing era, every company faces unprecedented challenges and opportunities. How to shape growth opportunities and stimulate performance growth rates in a complex and volatile environment has become a topic of common concern in the market. According to him, in order to achieve this goal, Frost & Sullivan has innovatively introduced the concept of the 'Growth Channel Engine'. This engine consists of five key parts: growth opportunities, opportunity assessment, market strategy, planning and execution, monitoring and optimization. They are interrelated and jointly drive the transformational growth journey of enterprises. In the future, the Growth Channel Engine will become an important driving force for enterprise transformation and growth.
Dr. Wang Xin, Global Partner at Frost & Sullivan and Chairman of the Greater China Region, comprehensively elaborated on the challenges and opportunities facing the current Chinese economy. He first proposed that the cultivation and development of new productive forces are the key to China's greater leaps and breakthroughs. Subsequently, he released an introduction to the 'White Paper on the Industrial Development Trends in China over the Next 50 Years,' predicting significant opportunities and broad prospects for China's future development. Dr. Wang Xin stated that Frost & Sullivan has helped tens of thousands of Chinese enterprises enter the international capital market, serving as a 'bridge' for companies going global. He further introduced the new book 'The Growth Coaching Book' by Frost & Sullivan's President, Fu Dawei, as well as the upcoming book on going global, which provides guidance on the internationalization strategy of Chinese enterprises. He called on participants to share successful experiences in going global and jointly promote the globalization development of Chinese enterprises. Dr. Wang Xin fully affirmed the importance of brand building for enterprises, society, and China's future development, inviting participants to share experiences and jointly create a great national brand.
The opening ceremony and plenary session on the first day gathered a stellar lineup of distinguished guests. Notable attendees included Tu Guangshao, Executive Director of Shanghai Advanced Finance Institute at Shanghai Jiao Tong University; Professor Wang Yu, President of the China Hepatitis Prevention and Control Foundation and former Director of the Chinese Center for Disease Control and Prevention; Dr. Sun Jianping, President of the Shanghai Modern Service Industry Federation; Zhang Guohua, President of the Chinese Advertising Association and Global Vice-President of the International Advertising Association; Sun Nianrui, Member of the Party Committee and Vice President of the China Listed Companies Association; Wang Dong, Director of the Sustainable Development Goals Localization Project at the United Nations Development Programme Representative Office in China; Dr. Fan Renda, Founding President of the Hong Kong Independent Non-executive Directors Association and Chairman of the Asian Independent Non-executive Directors Association, who delivered speeches or made remarks.
The current investment field is facing many opportunities brought about by new technologies, new business forms, and new models, but it also coexists with challenges such as the complex and changing international environment and intensified market competition. Against this backdrop, at the event site of this New Investment Conference, a unique roundtable titled 'New Investment' was held. The roundtable was chaired by Cao Hui, Director of Shanghai Branch of Sino-US International Communication Group Co., Ltd. (Beijing), and invited participants included Fei Jianjiang, Managing Partner of Yuanhe Yuanpoint, Ji Wei, Founding Managing Partner of Huaying Capital, Dr. Xia Chaoyang, Executive Director and Founding Partner of Common Investment, and Zhang Jiacheng, Managing Partner of Haier Capital. The discussions focused on changes in fundraising methods, investment strategies from the perspective of new productive forces, patient capital and enterprise development, exit strategies for investments, and the impact of policies on investments.
At the meeting, the appointment ceremony for the Frost & Sullivan New Productivity Expert Committee was held in grand style, with Xu Shilong, a member of the National Committee of the Chinese People's Political Consultative Conference and chairman of Shanghai Port Group, being appointed as the chairperson. The establishment of this new Productivity Expert Committee by Frost & Sullivan aims to gather industry leaders, academic elites, innovation pioneers, and capital forces. Through collaborative efforts in building 'Full-Region Investment Management', they will jointly explore the evolution path of productivity under the new economic form, promote the deep integration of technological innovation and the real economy, and help enterprises achieve leapfrog development in the wave of digitalization and intelligence. The New Productivity Expert Committee will uphold its core mission of foresight, strategic leadership, ecological co-construction, and value co-creation, leveraging their respective resource advantages to jointly empower new productivity enterprises.
At the opening ceremony, two strategic cooperation signing ceremonies were held. Dr. Wang Xin, Global Partner and Chairman of Frost & Sullivan Greater China, and Zhang Guohua, President of the Chinese Advertising Association and Global Vice President of the International Advertising Association, signed the strategic agreements on behalf of both parties respectively; subsequently, Dr. Wang Xin, Global Partner and Chairman of Frost & Sullivan Greater China, and Wang Chenhui, Co-founder and President of LeadLeo, signed the strategic agreements on behalf of the three parties with Wu Gang, Chief Producer of 'Great Brands'. It is reported that since Frost & Sullivan established the Market Positioning Validation System and pioneered the 'FSBVFrost & Sullivan Brand Value Model', it has provided market positioning validation and brand valuation services to over 1,000 enterprises. In the future, Frost & Sullivan will work with strategic partners to jointly assist more Chinese brands in achieving growth strategies both domestically and internationally.
Nearly 20 heavyweight research achievements were released to promote the symbiotic prosperity of industrial value and capital energy
It is reported that this year's Frost & Sullivan New Investment Conference brings together industry insights and investment trends, covering topics such as macro trends and value investing. On-site releases included the 'White Paper on the Industrial Development Trends of China over the Next 50 Years', 'White Paper on Industry Insights and Practices of ESG and New Productivity in China', 'Blue Book on the Development of China's Research Talent in 2024', 'White Paper on CFOs of Chinese PE/VC Funds in 2024', 'Blue Book on the Current Situation and Trends of Biopharmaceuticals Going Global in China in 2024', 'Investment Activity Report on the Issuance of 18A Biotech Companies in Hong Kong Stock Market in 2024', 'Blue Book on the Current Situation and Development Trends of the Healthcare Supply Chain Fine Management (SPD) Industry', 'Carbon Neutrality Era: Industrial Opportunities and Challenges', 'Series of White Papers on the Development of China's Specialized, Refined, Innovative Enterprises in 2024', 'Development Report on the Competitiveness of Big Brand in a Major Country', 'White Paper on the Hotpot Industry in China in 2024', 'White Paper on the Food and Beverage Industry in China in 2024', 'White Paper on the Development of the Artificial Intelligence Industry in Hong Kong Stock Market in 2024', 'Mid-Year Evaluation of China's Large Model Research and Application Capabilities in 2024', 'Award Report on the Best Application Practice Solutions of the Generative AI Industry in China in 2024', and more than twenty other heavyweight research achievements were unveiled. A series of selection results were also announced, including the 2024 Frost & Sullivan ESG and New Productivity Enterprise Directory, the 2024 CFO List of Chinese PE/VC Institutions, and the 2024 Best Application Practice List of the Generative AI Industry in China.
The Frost & Sullivan Growth, Innovation and Leadership Best Practices Award (referred to as the GIL Award) aims to recognize outstanding enterprises that have made significant contributions and achieved leadership positions in various industries. After nearly 30 years of development globally, the authority and fairness of the award are widely recognized by the investment community, financial sector, and within the industry. To date, a total of over 5,000 outstanding enterprises have been honored worldwide. The companies that received the GIL Global, China, and Best Practices Awards for 2024 include: Nuoyuan Medical, Bibo Biotech, Brainlight, Deshi Biotech, Zehui Chenxing, Gaoshi Medical, Yada Technology, Mercury Home Textiles, Hangzhou Gongyan Building, Xiaoxian Dang, Zhenjiu Lidu, Pudu Robotics, Alibaba Cloud, Hala Group, Innovent AI, Tianqi Co., Ltd., Amazon Web Services, Kingsoft Office Software, SenseTime Technology, Haitong Securities, Xiamen International Bank, and others.
Six Sub-forums on Major Themes: A Barometer of Investment and Financing Trends in Hot Industries
The 2024 Frost & Sullivan New Investment Conference not only created an innovative network that closely integrates industry, academia, research, investment and media, but also built a professional platform for participants from various industries to communicate and discuss fully. It showcased the Frost & Sullivan Group's profound insights into the entire industry and global capital markets, and provided the best growth solutions for enterprises to layout their future, create the future and compete for the future under major trends.
With the continuous progress of global technology and the growing demand for healthcare, the field of life sciences has embraced unprecedented development opportunities. From gene editing, precision medicine to biopharmaceuticals, as well as the research, development, and application of high-end medical devices, innovative achievements in the life sciences are emerging in an endless stream, injecting new vitality into global healthcare. Against this backdrop, the Life Sciences New Investment Summit Forum, themed 'Responding to Changes and Opening up New Horizons', was born. This year's Life Sciences New Investment Summit Forum lasted for 1.5 days, bringing together industry leaders, life science companies, investment institutions, and professional service providers. It focused on new opportunities for new productive forces, delved into new trends in global innovative development, shared new strategies for the internationalization of Chinese life science companies, and discussed new models for investment cooperation. It is hoped that this will promote in-depth cooperation among industry, academia, and investment circles, jointly driving the prosperous development of the life sciences field.
High-quality development is an essential requirement of Chinese-style modernization, and listed companies, as representatives of China's outstanding enterprise group, are an important microcosm of high-quality development. On the afternoon of August 28th, the sub-forum on the high-quality development of listed companies was successfully held. The forum was jointly hosted by Frost & Sullivan, TradeGo, Cloud Technology, and LeadLeo. The forum brought together representatives of outstanding enterprises practicing and promoting high-quality development, industry leaders, investment institutions, and professional service agencies, among other forces. It delved into the connotation and path of high-quality development of listed companies, explored new dynamics and trends in comprehensive high-quality development, and through in-depth exchanges and intellectual integration, sparked valuable innovative concepts and practical solutions. Together, they aim to paint a beautiful blueprint for the high-quality development of listed companies.
The 2024 Frost & Sullivan New Investment Conference has specially planned and launched the ESG and New Productivity Summit Forum. The forum will be held on August 29th, with the theme of "Leading New Productivity, Mapping a New ESG Future," aiming to gather forces from global industry leaders, high-end equipment manufacturing enterprises, new energy companies, new consumer businesses, investment institutions, and professional service providers. It will delve into the development path of new productivity and lead the trend of its development. With the deep integration of ESG and new productivity, future economic development will pay more attention to environmental protection, social responsibility, and governance levels. This is not only an innovation and challenge to the traditional economic model but also a positive response and practice to the sustainable development goals of the global economy. The ESG and New Productivity Summit Forum will provide important impetus and support for this process, helping the global economy move towards a more prosperous and sustainable future.
On August 30th, the New Consumption and Food & Beverage Industry Investment Summit grandly opened. It was hosted by Frost & Sullivan, co-organized by Huatang Yunshang and Hotpot Meal Meeting, with media partners including 'Great Brands', Food Headlines, and Food Wanli Xing. With the theme of 'Leading Innovation & Co-Creating Trends', the summit brought together top experts in the new consumption field, especially from the food & beverage industry, industry leaders, representatives of innovative enterprises, investment institutions, and professional service agencies. It deeply analyzed new consumption trends, foresaw the future picture of consumers' diversified needs, and explored new paths and powerful driving forces for industrial innovation and development. Through collective brainstorming, the summit fully helped the new consumption and food & beverage industry break through the existing pattern, achieve leapfrog development, and jointly embrace a new chapter in the industry.
Against the backdrop of increasingly complex global political and economic environments, Chinese manufacturing enterprises are constantly exploring international markets, seeking new growth points to drive industrial upgrading and international development. This conference has launched an Intelligent Manufacturing Summit Forum, which will also be held on August 30th. With the theme of 'The Boat of Innovation, Global Intelligent Manufacturing', it brings together forces from industry leaders, intelligent manufacturing enterprises, high-end manufacturing companies, investment institutions, and professional service providers around the world. It will delve into the development path of China's intelligent manufacturing and discuss new trends in the globalization and innovative development of Chinese enterprises.
Currently, research and application of AI are developing at an unprecedented pace globally. As an important participant and contributor to the global AI development, China is accelerating the construction of an open, cooperative, and win-win AI development environment with its unique advantages and strategic vision. The AI Reconstructing the Digital Economy Sub-forum was jointly hosted by Frost & Sullivan and LeadLeo, with the assistance of the China Academy of Information and Communications Technology, and was successfully held on August 30th. It brought together experts and scholars from the AI industry, industry leaders, innovative enterprises, investment institutions, professional service agencies, and other forces to gain insights into future trends, stimulate innovative inspiration, co-create a new industrial ecosystem, deeply analyze the current development status of AI, jointly explore the infinite possibilities of AI technology, and look ahead to how it can deeply integrate into and reshape the future appearance of the digital economy.
Dr. Wang Xin, Global Partner and Chairman of Frost & Sullivan Greater China, said: "As a 'bridge', we are optimistic about China and the future of the world led by China. We will continue to help Chinese enterprises go global. The Frost & Sullivan Summit has a history of over 30 years globally and has been successfully held in China for 18 consecutive sessions without interruption. In the future, we will continue to uphold our commitment of standing in Shanghai, serving China, facing the world, and achieving win-win cooperation. We will help enterprises realize their domestic and overseas growth strategies, empower industrial transformation and upgrading through innovation and technology, cultivate leading Chinese entrepreneurs, and ultimately promote the high-quality development of China's economy and society!"
About the Frost & Sullivan Summit
The Frost & Sullivan Growth, Innovation and Leadership Summit has been held globally in over 20 countries and regions for nearly 30 years. It has attracted a large number of Fortune Global 1000 companies, top domestic and international financial institutions, and other leading enterprises to participate deeply. It helps them identify opportunities, innovate continuously, accelerate growth, and gain a leading position in an increasingly complex and changing world. Since its inception in China in 2008, the summit has been held to date at its eighteenth session. The Frost & Sullivan GIL Summit has become an important platform for outstanding domestic enterprises, investment industry experts, and regulatory authorities to exchange successful experiences and jointly discuss development directions. It is also an important window through which the world understands China's most cutting-edge development trends.
The 18th Frost & Sullivan China Growth, Innovation and Leadership Summit 2024 and the 3rd New Investment Conference brought together over 3,000 leading enterprises from various industries, representatives of governments, investment institutions and financial institutions focusing on industrial development, academic institutions and scientific research experts, as well as renowned media organizations. The conference was broadcast online simultaneously through nearly 20 platforms including Frost & Sullivan's video account, LeadLeo video account, LeadLeoplus video account, Roadshow China, Oriental Fortune, WindForce International, TradeGo, Food Business Daily, World Certification Map, and Finance World.
About Frost & Sullivan
Frost & Sullivan, a global growth consulting firm, integrates 63 years of consulting experience. Over the past 26 years, it has dedicated itself to serving the booming Chinese market with a global perspective. It helps over 10,000 clients accelerate their business growth, achieve growth, technological innovation, and leading benchmarks in the industry, and realize capital operation goals such as financing and listing.
Frost & Sullivan deeply engages in the global capital markets and corporate consulting services. By innovatively introducing 'Total Investment Management (TIM)', it provides comprehensive investment and financing as well as various other professional consulting services for enterprises, including investment and financing CDD, valuation services, technology advisory, financial advisory, ESG, fundraising feasibility studies, bond issuance industry advisory, industry advisory, assessment services, award services, industry white papers, strategic and management consulting, planning consulting, technical insights, etc.
Frost & Sullivan's investment and financing business in Greater China has achieved full industry coverage of the Chinese national economy, including a high level of attention to all economic hotspots such as new quality productivity. It covers digital infrastructure, consumer electronics, dual-carbon new energy, healthcare and life sciences, catering and new retail, semiconductors and integrated circuits, smart homes, automotive and mobility, health care services, food and beverages, information and communication technology, fintech, real estate and property management, mining and smelting, beauty and fashion, big data and artificial intelligence, logistics and supply chain, construction technology and decoration, special new materials, culture and entertainment, enterprise-level services, cross-border e-commerce trade, infrastructure development, environmental protection and energy-saving technology, education and training, etc.
Since the Frost & Sullivan team began providing investment and financing advisory services to corporate leaders and their management teams, it has helped nearly a thousand companies successfully list on the Hong Kong and overseas stock exchanges. It is a leading enterprise in the field of investment and financing strategy consulting in China. Over the past decade, Frost & Sullivan has continuously ranked first in the market share of professional industry consultants for Chinese companies listing on Hong Kong and overseas stock exchanges for consecutive years. In recent years, Frost & Sullivan reports have also been widely cited in the prospectuses of leading A-share and STAR Market listed companies, as well as in primary and secondary market research reports and other capital market announcements.
For over 63 years, Frost & Sullivan has helped a large number of clients (including Fortune Global 1000 companies, top domestic and international financial institutions, and other leading enterprises) achieve strategic goals by completing tasks including but not limited to due diligence, valuation analysis, and third-party assessments through its nearly 50 offices around the world. It has established a market position confirmation system and innovatively introduced the 'FSBVFrost & Sullivan Brand Value Model'. It has provided market position confirmation and brand valuation services to over 1,000 enterprises, continuously helping many Chinese brands achieve growth strategies both domestically and internationally.
