On November 1, 2019, the China Artificial Intelligence Industry Development Alliance (hereinafter referred to as "Alliance" or "AIIA") Developers' Conference Investment and Financing Roadshow Forum was successfully held in the Academic Exchange Center of Hangzhou Future Science City.

The forum was organized by the AIIA Investment and Financing Group and directed by the National Technology Transfer Eastern Center and the Beijing Equity Investment Fund Association. AIIA Developer Conference was organized by China Information and Communications Technology Academy (CICT), Hangzhou Future Science and Technology City Management Committee, as well as investment institutions such as Yuanhe Heavy, Walden International, Ivy Capital, Era Capital and Fusion Capital, industry associations such as Shanghai Zhangjiang Virtual Reality and Artificial Intelligence Industry Association and Zhejiang Artificial Intelligence Industry Alliance, and representatives from China Guigu Jiashan Science and Technology Park.

The meeting was chaired by Qian Yu, Vice Chairman of the Investment and Financing Group and Secretary General of the Artificial Intelligence Committee of Beijing Equity Fund Association, and attended by Sun Mingjun, Director of the Artificial Intelligence Department of the Cloud Institute of the China Academy of Information and Communications Technology and Head of the Overall Group of the China Artificial Intelligence Industry Development Alliance, and Shujun Zou, Chairman of the Investment and Financing Group and Executive Vice President of the Eastern National Technology Transfer Center, who delivered a speech at the meeting.

Mr. Qian Yu, Vice Chairman of Investment and Financing Group, Secretary General of Artificial Intelligence Committee of Beijing Equity Fund Association

Director Sun Mingjun stressed that the investment and financing roadshow is intended to empower the Alliance's resources and provide more opportunities for SMEs to integrate into the Alliance's platform and obtain development resources. Zou Shujun, the head of the group, explained the mission of the investment and financing group: on the one hand, the Alliance's small and medium-sized enterprises to get the opportunity to develop and get the opportunity to be invested. At the same time, he also urged the Alliance to form a good cooperation between the various funds, the formation of a capital chain, mutual support, to achieve a win-win situation in the Alliance. Mr. Zou Shujun expressed his special thanks to the representatives of investment institutions who volunteered to participate in the forum and to the participants for their support to the work of AIIA Investment and Financing Group.

Director, Artificial Intelligence Department, Cloud Institute, China Academy of Information and Communications Technology (CAIC)

Sun Mingjun, General Team Leader, China Artificial Intelligence Industry Development Alliance

Zou Shujun, Executive Vice President, Eastern National Center for Technology Transfer, and Head of Investment and Financing Group

Ms. Ying Li, Managing Partner of Yuanhe Zhong Yuan, Deputy Head of the Investment and Financing Team, delivered a keynote speech on "AI Companies and the CRE Board". She pointed out that the CRE Board is an effective financing and exit channel for high-tech startups and primary market investment funds through her comprehensive analysis of the data of CRE listed companies, and introduced in detail Yuanhe's value judgment and valuation method for AI companies. Mr. Su Dong, Vice President of Walden International, delivered a keynote speech titled "When Chip Meets Artificial Intelligence", which gave an in-depth explanation of semiconductor investment and the recent emerging investment opportunities brought by AI in the semiconductor industry, and introduced Walden International's layout in the fields of AI+ consumer hardware, robotics, security, and chips.

Ying Li, Vice Chairman of the Investment and Financing Group, Managing Partner of Yuanvest Partners

Vice President of Walden International, Dong Su

The forum also invited some of the winning teams of the 2019 AIIA Cup Artificial Intelligence Tournament and Special Events to present an exciting roadshow.

Finally, the round-table forum themed "How AI companies can connect technology and business" became the grand finale of the investment and financing roadshow, which featured Mr. Su Dong, Vice President of Walden International, Mr. Shi Qi, Vice President of Ivy Fund, Mr. Liu Xuejie, Secretary General of Shanghai Zhangjiang VR/AI Association, Mr. Wang Chuan, Chairman of Era Capital, and Mr. Founder of Fusion Capital. Lihong Zhou, on the one hand, introduced her views on how VCs view technology productization and commercialization of AI startups, and on the other hand, gave many vivid startup cases for the audience's reference. The unanimous opinion of all the panelists was that AI companies must consider the commercial value of the technology, and an excellent startup team should be good at business operations and understand technology, and have sufficient resources to help business strategies to land. The audience had a full and active dialogue and interaction with the guests on topics such as the AI venture investment cycle, how entrepreneurs should choose investors, and the application of AI in the construction field.

Through this investment and financing roadshow forum, AIIA Investment and Financing Group provided an effective information channel for investment institutions and startups that are interested in supporting AI startups, thus taking a new step in playing the role of an alliance platform and empowering AI startups.