Suiyuan Technology selected as the best investment case in AI and big data industry by Tousheng
From June 10th to 12th, 2020, the "14th China Investment Annual Conference Annual Summit," hosted by ChinaVenture and ChinaVenture.com, was held in Shanghai. On the evening of the 11th, after the announcement of the annual institutional rankings, the sub-rankings for various industries were also revealed. China Zhongji Investment's invested project, Suiyuan Technology, was selected as one of the Top 10 Best Investment Cases in China's Artificial Intelligence and Big Data Industry in 2019.
Suiyuan Technology focuses on cloud computing platforms in the field of artificial intelligence, striving to provide affordable infrastructure solutions for the development of the AI industry. It provides high-performance computing, high energy efficiency, and programmable general-purpose AI training and inference products with independent intellectual property rights. China Zhongji Investment completed its Series A investment in Suiyuan Technology in June 2019. Suiyuan Technology has also received support from multiple capital sources, including Redpoint China, Tencent Investment, China Credit Trust, and ZhenFund.
Wu Fusheng, Partner and Managing Director of China Zhongji Investment, stated that the logic behind their decision to invest in Suiyuan Technology was simple: the team had a strong technical background, rich engineering experience, deep industry resources, and a world-class, fully established system. Suiyuan possesses core technologies and industry resources in the large chip field that are comparable to the world's top companies. "We are very pleased to see Suiyuan Technology's rapid development and look forward to breaking foreign monopolies in the near future, providing a complete solution for affordable computing power to the Chinese AI industry."
China Zhongji Investment has always paid close attention to high-tech industries with a need for "independent and controllable" and domestically produced alternative technologies. It has successively invested in companies such as Suiyuan Technology, Sicreation Optoelectronics, and Leuven Instruments. We remain optimistic about the future of China's high-tech industry and will continue to invest in this field, helping excellent companies achieve breakthroughs in core technologies.
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