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Qingdao: Powering Ahead in “New” Manufacturing

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QINGDAO, China, March 4, 2024 /PRNewswire/ — At the beginning of this year, Qingdao’s manufacturing sector is buzzing with achievements. Hisense TV shipments ranked second in the world in 2023, marking a 6.4% year-over-year increase and the fastest growth among the top five global brands for two consecutive years. Sirui Smart successfully developed China’s first high-energy ion implanter with an energy reaching 8MeV, accelerating its efforts in large-scale production and assembly. Shandong Province’s first Perovskite Photovoltaic Technology Innovation Center was inaugurated in Qingdao. These business cases depict the dynamic landscape of Qingdao’s manufacturing industry — advantaged sectors are steadily approaching the “global top,” while emerging industries are transitioning from “quantity” to “quality” in significant strides.

The manufacturing industry serves as the cornerstone of Qingdao’s economy. Over the years, Qingdao has showcased a narrative where urban economic growth is spearheaded by the remarkable development of its manufacturing sector. Presently, Qingdao hosts a multitude of industry-leading enterprises, including Haier, Hisense, Tsingtao Beer, Double Star, Aucma, Sailun, and TELD. Their prominence in sectors such as home appliances, rubber tires, and new energy charging underscores their pivotal role in industrial innovation, providing Qingdao with a significant advantage in enhancing its industrial capabilities, according to the Information Office of Qingdao Municipal People’s Government.

Meanwhile, Qingdao has also built two national manufacturing innovation centers of smart home appliances and virtual reality. It boasts two national advanced manufacturing clusters focusing on smart home appliances and rail transit equipment, along with six national new industrialization demonstration bases and 31 national manufacturing champions. With industrial enterprise R&D institutions covering 85% of the sector, Qingdao has laid the foundation for innovation breakthroughs, setting the stage for further advancements.

After years of strategic planning, Qingdao has cultivated two national cross-industrial internet platforms, namely COSMOPlat and Lemon Bean, along with more than 40 vertical industrial internet platforms. Leading the way with innovative applications in the manufacturing sector, Qingdao has been designated as a national pilot area for AI innovation applications and recognized as a Chinese Software City, highlighting its specialization in industrial software.

At Chery’s Qingdao gigafactory, the automotive industry witnesses the establishment of the first mass-customized industrial internet platform, a collaborative effort between COSMOPlat and Chery, bolstering factory operations. Remarkably, a new vehicle goes off the production line here every 1.5 minutes. Supported by the world’s most robust AI quality control system, the facility achieves intelligent connectivity and high-density flexible assembly, enabling rapid transitions to produce various vehicle models.

In the next step, Qingdao will accelerate the promotion of the service-oriented manufacturing model, driving manufacturing enterprises to transition towards “manufacturing + service” and “product + service” paradigms.

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SOURCE Information Office of Qingdao Municipal People’s Government

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Yon Raz-Fridman Joins Intrinsic Labs as Co-Founder and Partner

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Most AI companies are selling software. Intrinsic is deploying AI workers into the core operations of mid-market companies – and just brought in a serial tech entrepreneur to help the firm scale across the Heartland.

COLUMBUS, Ohio, April 30, 2026 /PRNewswire/ — Intrinsic Labs today announced that Yon Raz-Fridman has joined the firm as a Co-Founder and Partner.

Raz-Fridman has spent nearly two decades building across software, hardware, and platform businesses. Early in his career, he served as Chief of Staff to the President of Keter Group, a $1 billion-plus global consumer products manufacturer. He went on to co-found Kano, the award-winning educational computing company, and later founded Supersocial, the immersive gaming studio acquired by Super League Enterprises in 2025. He is a member of the World Economic Forum’s Technology Convergence Council.

He joins Intrinsic at a moment when mid-market companies are moving from AI experimentation to deployment. Intrinsic works with operators in logistics, construction, insurance, manufacturing, and industrial markets to deploy AI workers into the workflows that run the business – increasing throughput, reducing manual work, and expanding capacity without adding headcount.

The firm has built its reputation on practical deployments tied to real operating metrics. In one engagement with a national real estate brokerage, Intrinsic’s AI Accounting Agents reached 97% invoice coding accuracy, automated 90% of the AP workflow, and fully removed FTEs from the review flow.

“Yon understands what it takes to build and scale in the real world,” said Jon Slemp, Managing Partner at Intrinsic Labs. “Our clients aren’t buying flashy agents, they’re buying outcomes and reliable labor. They need agentic systems that take work off their teams, perform reliably, and produce measurable gains in throughput and capacity. That’s what we build.”

As Co-Founder, Raz-Fridman will oversee Intrinsic’s expansion – designing the channel relationships, institutional partnerships, and market positioning that take the firm from a proven Ohio model to the defining AI workforce platform for America’s industrial middle market.

“The companies that win over the next decade will be the ones that figure out how to staff AI into their operations and manage it like a workforce. Intrinsic is doing that work now, inside real businesses, tied to real outputs. The Heartland is exactly the right place to prove this model, and Intrinsic is exactly the right team to do it.” — Yon Raz-Fridman

About Intrinsic Labs LLC
Intrinsic Labs helps mid-market companies deploy AI workers into the workflows that run their business. The firm focuses on logistics, construction, insurance, manufacturing, and industrial markets, where manual work, fragmented systems, and labor constraints create clear opportunities for leverage. Intrinsic works with clients to put AI workers into production, tie them to operating KPIs, and help teams scale output without scaling headcount. https://www.intrinsic-labs.ai/  

About Team Yon LLC
Team Yon LLC is a management company founded by Yon Raz-Fridman that incubates new ventures, provides executive leadership, and makes strategic investments at the intersection of emerging technology and human advancement. Through Team Yon LLC, Raz-Fridman partners with founders and operators across healthcare, AI, and frontier technology – including his role as co-founder and Partner at Intrinsic Labs. https://teamyon.org

Media Contact:hello@intrinsic-labs.ai

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SOURCE Team Yon LLC

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Wipfli to complete CompliancePoint transaction and add associates, expanding capabilities

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MILWAUKEE, April 30, 2026 /PRNewswire/ — Wipfli, a top 25 national advisory and accounting firm, announced today it has entered into an agreement with CompliancePoint Inc., a provider of risk management services focused on information security, data privacy and regulatory compliance. 2 partners and 52 associates will join the firm as a result of the transaction.

Based in Duluth, Georgia, CompliancePoint brings specialization across cybersecurity, privacy and compliance, serving clients across a wide variety of industries. The addition strengthens Wipfli’s risk management offerings and expands its ability to help organizations navigate regulatory scrutiny, evolving cybersecurity threats and complex data protection requirements.

“Organizations today are under more pressure than ever to protect sensitive information and operate responsibly in an evolving regulatory environment,” said Kurt Gresens, CEO at Wipfli Advisory, LLC. “The team at CompliancePoint brings specialized experience and a strong, people-first approach that enhances how we support clients navigating today’s risk landscape.”

CompliancePoint has built its reputation on helping organizations manage risk across the full data lifecycle, with a holistic approach that recognizes how privacy, security and compliance intersect. The combined professional teams from CompliancePoint and Wipfli will deliver expanded, integrated advisory solutions designed to help clients proactively manage risk while supporting long-term growth and operational resilience.

“Wipfli shares our commitment to practical, client-focused solutions and long-term relationships,” said Greg Sparrow, CompliancePoint president. “Together, we’re expanding the resources available to our clients while continuing to deliver the specialized experience and trusted relationships they rely on.”

The addition of the CompliancePoint team also supports Wipfli’s continued investment in talent and innovation. CompliancePoint associates will join a national firm that emphasizes collaboration, professional development and meaningful client impact, while maintaining the specialized focus that has defined their work.

The transaction is expected to become effective on May 1st, 2026

About Wipfli

Wipfli is a leading national advisory and accounting firm with nearly 100 years of experience serving ambitious middle-market organizations. We understand our clients’ unique challenges and help them succeed on their terms through assurance, tax, advisory, outsourcing and technology services. With 3,000+ associates and global alliances, we combine national capabilities with local relationships. Wipfli operates under an alternative practice structure: Wipfli LLP, a licensed CPA firm, provides attest services, while Wipfli Advisory LLC, a non-CPA firm, delivers business advisory and non-attest services. Learn more at wipfli.com or contact Alicia O’Connell at alicia.oconnell@wipfli.com.

Media Contact

Alicia O’Connell
Wipfli
alicia.oconnell@wipfli.com

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SOURCE Wipfli

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Ginkgo Bioworks Announces Date of First Quarter 2026 Results Presentation

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Presentation and Q&A session scheduled for post-market on Thursday, May 7, 2026

BOSTON, April 30, 2026 /PRNewswire/ — Ginkgo Bioworks Holdings, Inc. (NYSE: DNA, “Ginkgo”) today announced that it plans to host a presentation and Q&A session reviewing business performance for the first quarter ended March 31, 2026, on Thursday, May 7, 2026, beginning at 4:30 p.m. ET.

The presentation details and webcast link will be available on Ginkgo’s investor relations website at https://investors.ginkgobioworks.com, and a replay will be made available.

To ask a question ahead of the presentation, please submit them to @Ginkgo on X (hashtag #GinkgoResults) or by sending an e-mail to investors@ginkgobioworks.com.

About Ginkgo Bioworks
Ginkgo Bioworks builds the tools that make biology easier to engineer for everyone. The company offers autonomous laboratories that replace manual laboratory work with robotics in the lab, greatly improving the productivity of scientists. Ginkgo’s in-house autonomous lab is also available as a “cloud lab” through our Datapoints and Solutions contract research services. For more information, visit ginkgobioworks.com and ginkgobiosecurity.com, read our blog, or follow us on social media channels such as X (@Ginkgo and @Ginkgo_Biosec), Instagram (@GinkgoBioworks), Threads (@GinkgoBioworks), or LinkedIn.

Ginkgo Bioworks Contacts:

INVESTOR CONTACT:

investors@ginkgobioworks.com 

MEDIA CONTACT:

press@ginkgobioworks.com

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SOURCE Ginkgo Bioworks

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