Company Overview - Zhongjun Qihang (Xiamen) Innovation Technology Industry Research Institute Co., Ltd. has been established with a registered capital of 20 million RMB [1][2] - The legal representative of the company is Yan Qiong [2] Shareholding Structure - Beijing Qianyuan Private Fund Management Co., Ltd. holds 51% of the shares [1] - Beijing Xinghe Consulting Co., Ltd. holds 20% of the shares [1] - Jiaxing Xingsheng Equity Investment Partnership (Limited Partnership) holds 10% of the shares [1] - Yan Qiong holds 10% of the shares [1] - Wei Xinnan holds 7% of the shares [1] Business Scope - The company’s business scope includes engineering and technology research and experimental development, natural science research and experimental development, digital technology services, and technology promotion and application services [1] - Additional services include technology consulting, technology transfer, smart robot research and development, smart vehicle equipment manufacturing, new material technology research, Internet of Things technology research, big data services, and artificial intelligence technology platforms [1][2] - The company is also involved in enterprise management consulting, safety consulting services, and business training [1]

Group 1 - The Hong Kong Innovation and Technology Bureau is preparing to establish a HKD 10 billion "Innovation and Technology Industry Guiding Fund" to enhance market investment in strategic emerging and future industries [1] - The fund will cover five thematic areas, with each area having one or more sub-funds, which can last up to 12 years, reflecting characteristics of "patient capital" focused on long-term investment [1] - The Hong Kong government will act as a limited partner in the sub-funds, while selected fund managers will serve as general partners responsible for fundraising and managing daily operations [1] Group 2 - The Hong Kong Digital Office aims to promote nearly 180 measures across 47 departments to facilitate business operations and streamline government services, covering around 400 licenses and services [2] - The government is implementing digital government and smart city initiatives, including the use of AI and chatbots to improve public services and data analysis for enhanced service management [2] - An open data platform has made over 5,500 datasets available, covering various sectors, which can help industries develop better vertical models and innovative solutions [2] Group 3 - The "Standard Contract for Cross-Border Flow of Personal Information" has been expanded to various industries, facilitating smoother operations [3] - The establishment of the Hong Kong Artificial Intelligence Research Institute will guide and support AI innovation and application in Hong Kong [3] - The Hong Kong government is coordinating with the Guangdong-Hong Kong Information Technology Cooperation Task Force to enhance AI development and application in the Greater Bay Area [3] Group 4 - The Lok Ma Chau Loop is a significant cooperation platform in the Greater Bay Area, focusing on developing core frontier technologies, including AI, and establishing cross-border data flow management mechanisms [4]

Group 1 - The Hong Kong government has identified artificial intelligence as a key industry and is actively promoting the "AI+" initiative to drive innovation across various sectors [1][2] - The Hong Kong Science and Technology Innovation Park in the Lok Ma Chau Loop is a significant platform for technological collaboration in the Guangdong-Hong Kong-Macao Greater Bay Area, aimed at high-quality development [1][2] - The first phase of the AI supercomputing center at Cyberport has been operational since the end of last year, supporting local computing power needs [2] Group 2 - The "Hong Kong Conference" will focus on key topics such as global technology governance, sustainable development, and artificial intelligence, aiming to enhance Hong Kong's position in the international innovation landscape [3] - The conference is expected to foster regional and international collaboration in technology and innovation, leveraging Hong Kong's unique advantages as a "super connector" [3] - The Hong Kong government anticipates that the conference will significantly enhance the overall innovation atmosphere in the region and promote science popularization [3]

Core Insights - The Hong Kong government is actively promoting the development of artificial intelligence (AI) through various initiatives and funding programs aimed at enhancing research, application, and talent cultivation in the sector [1][2][4]. Group 1: Government Initiatives - The establishment of the AI Supercomputing Center at Cyberport aims to strengthen high-performance computing capabilities in Hong Kong [2]. - A funding plan of HKD 3 billion has been introduced to support local universities, research institutions, and enterprises in utilizing the supercomputing resources [2]. - The government plans to allocate HKD 10 billion in the 2025-2026 budget to establish the Hong Kong AI Research Institute, focusing on upstream research and downstream application of AI [3]. Group 2: Talent Development - The government encourages local universities to develop courses aligned with the needs of the AI industry, supported by the Education Bureau's funding [4]. - A new Hong Kong Information Technology Institute has been established to provide training in IT and related fields, including AI, to meet industry demands [5]. - The "Technology Talent Admission Scheme" facilitates the entry of overseas AI professionals to Hong Kong, with 152 non-local AI experts approved for entry as of January 2025 [5]. Group 3: AI Applications - The Hong Kong Generative AI Research Center has been established to focus on generative AI research, promoting global collaboration [2]. - The government is implementing AI applications in public services, including the development of a chatbot based on a locally developed large language model [6]. - Nearly half of the upcoming digital government and smart city initiatives will involve big data analysis and AI technology applications [6]. Group 4: Regional Collaboration - Hong Kong is leveraging its unique position to enhance collaboration with mainland China, particularly within the Guangdong-Hong Kong-Macao Greater Bay Area [7]. - The Hong Kong government has signed cooperation agreements with Guangdong to deepen technological innovation exchanges, particularly in AI [7]. - The Lok Ma Chau Loop is identified as a key platform for collaboration, focusing on the development of core technologies, including AI [7].

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Event Overview - The 7th China International Import Expo (CIIE) opened in Shanghai, showcasing the latest achievements of Volkswagen Group (China) in its rapid transformation [1] - Volkswagen Group (China) exhibited six pure electric models from its Volkswagen, Audi, and Porsche brands, along with a classic Porsche 911 Turbo (930) [1] Volkswagen Group's Strategy in China - Volkswagen Group aims to remain a leading international automaker in China by continuously investing and innovating to meet the diverse needs of Chinese customers [1] - The company is committed to its "In China, For China" strategy, leveraging strong local R&D and partnerships with top Chinese tech companies and automakers [2] - Volkswagen Group's experience and technology in China will drive its global transformation [1] CARIAD China's Innovations - CARIAD China showcased its intelligent cockpit capabilities powered by the China-specific Electronic Architecture (CEA) [2] - CEA enables agile, customized digital services with core capabilities including HMI framework, vehicle service encapsulation, AI, and compatibility with local digital ecosystems [2] - The "Travel Memory" application, set for release in 2026, uses AIGC technology to create personalized travel journals and share them via social media [3] - CEA will be integrated into Volkswagen's pure electric models in China from 2026, enhancing the smart driving experience [3] Volkswagen Brand's Electric Vehicles - Volkswagen brand exhibited three ID pure electric models at the CIIE, highlighting its commitment to sustainable and intelligent mobility in China [3] - The ID 与众, produced by Volkswagen Anhui, is the brand's first smart electric coupe SUV in China, featuring a new human-machine interaction system [4] - The SAIC Volkswagen ID3 is popular for its German craftsmanship, high-quality materials, and advanced driver assistance systems [4] - The FAW-Volkswagen ID7 VIZZION combines aesthetics, efficiency, and spaciousness with high-end tech features [4] Audi's Electric Vehicle Plans - Audi showcased two pure electric models at the CIIE: the new Audi Q6L e-tron and the Audi e-tron GT [4] - The Audi Q6L e-tron, based on the PPE luxury electric platform, is tailored for the Chinese market [4] - Audi plans to produce three PPE-based electric models in China starting from late 2024, manufactured at its new energy vehicle company in Changchun [4] Porsche's Electric and Classic Models - Porsche introduced the new all-electric Macan Turbo, continuing its tradition of naming the most powerful models with "Turbo" [5] - The Macan Turbo features a new exclusive color, Turbonite, enhancing its distinctiveness and luxury [5] - Porsche also showcased the historic 911 Turbo (930) to celebrate 50 years of Turbo models, highlighting the brand's evolution from combustion to electric powertrains [5] - Porsche's recent establishment of Porsche (Shanghai) Investment Co Ltd reflects its confidence in the Chinese market and future investment opportunities [5]