Connect with us

Technology

Qingdao, A Venture Capital City Is Rising Up

Published

on

The city rises, and capital moves towards “new”!

QINGDAO, China, May 29, 2024 /PRNewswire/ — On May 28th, with the theme of “Venture and Capital for a New Era Innovation and Entrepreneurship for a Brighter Future “, the “2024 Qingdao Venture Capital Conference “, hosted by the Qingdao Municipal People’s Government and co-organized by CVINFO, opened at the Shangri-La Hotel in Qingdao. The one-and-a-half-day conference, which combines online and offline formats, has gathered more than a hundred industry experts, scholars, and entrepreneurs from internationally renowned investment banks and leading venture capital and private equity institutions to discuss the opportunities and future of capital and to activate new drivers for high-quality development.

A Conference with High “Gold Content”

In 2019, Qingdao set the goal of building a venture capital and private equity center and tailored the venture capital and private equity conference as a platform for gathering high-quality financial resources. Over the past five years, the influence of the conference has been continuously increasing and has become an important window for the venture capital and private equity industry to pay attention to the development of Qingdao.

Compared with the previous five sessions, this session of the 2024 Qingdao Venture Capital Conference has higher “gold content”.

Introducing a high “gold content” policy package.

Leveraging the advantages of policy transmission, innovation, and inclusiveness, we have made efforts to plan and layout the “five major articles”, enabling more accurate empowerment of scientific and technological innovation, which is the “best solution” for capital to serve the real economy.

For this reason, at this conference, the “Qingdao Further Support for the High-Quality Development of the Financial Industry Policy Measures” and the “Several Policies on Strengthening the Joint Linkage of Fiscal and Financial Support for the High-Quality Development of the Whole City” were released, aiming at the goal of “building a strong financial city”, further optimizing the policy environment, and contributing to the high-quality development of the whole city.

The two newly formulated policy systems are comprehensive in content, extensive in coverage, highlight key points, and have strong competitiveness, which will further promote the “two-way rush” between the city and capital power, and the “two-wing flight” of industry and new quality productive forces development. Enable venture capital and private equity institutions to invest successfully, thrive, and reap rewards in Qingdao.”

The landing of high “gold content” projects once again demonstrates Qingdao’s sincerity and confidence in attracting and serving high-quality development through project introduction and landing services.

At the conference, the Qingdao Municipal Government signed a strategic cooperation agreement with CICC, using the project resources and professional advantages of the leading investment bank to focus on major strategies, key areas, and major projects, providing comprehensive financial services, contributing to the development of Qingdao’s capital market and economic social development.

Focus on high-quality project signing to build a modern industrial system in Qingdao.

For example, Capital Management Co., Ltd., a subsidiary of Shandong Energy Group, has established a 7 billion yuan technology industry fund, helping expand the new development pattern of industrial investment in Qingdao; New energy vehicle new power millet Xiaomi fund invested in Qingdao Yunlu New Energy Technology Co., Ltd., Upgrading industry level in Qingdao; Hisense Group’s fund manager completed the registration, marking the full coverage of direct investment platforms for large enterprises in Qingdao.

A Conference with a Strong “Vane” Color

The “vane” color of this session of the venture capital and private equity conference is more intense.

The Political Bureau of the CPC Central Committee held on April 30 proposed that it is necessary to develop new quality productive forces according to local conditions, strengthen the layout of national strategic scientific and technological forces, cultivate and expand emerging industries, advance the layout and construction of future industries, and use advanced technology to empower the transformation and upgrading of traditional industries. It is necessary to actively develop venture capital and expand patient capital.

In terms of actively cultivating emerging industries and future industries, the 2024 Government Work Report proposes to “encourage the development of venture capital and equity investment, and optimize the function of industrial investment funds”.

The Central Economic Work Conference held in 2023 proposed to “encourage the development of venture capital and equity investment”. When explaining the spirit of the Central Economic Work Conference in detail, the relevant responsible comrade of the Central Finance Office said: “It is necessary to encourage the development of venture capital and equity investment, and support long-term capital and patient capital to invest more in scientific and technological innovation. “

How can capital empower new quality productivity? How to cultivate more patient capital, guests attending this forum expressed their opinions and offered solutions respectively.

Tu Guangshao, Executive Director of Shanghai Advanced Institute of Finance, brought a keynote speech on “Global Industrial Chain Restructuring and New Opportunities for China’s Industrial Economy”; Chen Wenling, Chief Economist, Executive Deputy Director, and Deputy Director of the Academic Committee of China Center for International Economic Exchanges, shared wonderful insights on “Developing New Quality Productivity and Promoting Sustainable Development”; Du Pengfei, Party Committee Member and Management Committee Member of China International Capital Corporation Limited, expressed wonderful views on “Practice and Thinking of Capital Investment”.

In addition, Zhang Wei, Chairman of CoStone Capital, and Zheng Weihe, Chairman and Founding Partner of Cowin Capital, and other heads of domestic leading venture capital institutions elaborated on the development of the innovation system and the capital market, the innovation and development of China’s equity investment, and the acceleration of the construction of Qingdao’s venture capital and private equity ecology.

The guests generally believe that through efficient financial empowerment of new quality productivity, it is not only an important part of deepening the reform of the Supply-side Structural but also an important action to implement the spirit of the Central Financial Work Conference. In the process of accelerating the cultivation and development of new quality productivity, science and technology are equally important, and actively developing venture capital and jointly growing patient capital is the key to the transformation and development of the financial industry towards the new and the real.

In order to thoroughly implement the spirit of the Central Committee on actively cultivating and building a financial culture with Chinese characteristics, and actively practice the requirements of the financial culture with Chinese characteristics in the field of equity investment, combined with the characteristics and cultural connotation requirements of the equity investment field, the 2024 Qingdao Venture Capital and Private Equity Conference also initiated the “Initiative for the Construction of Chinese Equity Investment Culture” in the Chinese venture capital and private equity field for the first time, calling for the promotion of industry cultural connotation and the strengthening of the standard requirements for industry development.

A Conference to Create a High-Quality Capital Matrix

A high-quality capital matrix is the basic “base” for serving new quality productivity.

For a city, in a high-quality capital matrix, the government’s guiding fund with the effect of “lifting a thousand pounds with four taels” is indispensable, and one of its missions is to highlight the policy guidance function, guiding funds to flow to key technical fields that the market dares not invest in and where there is a large demand for funds, cultivating emerging industries and future industries, and filling the long-term capital gap.

On the afternoon of May 28, the 2024 Government Guidance Fund Ecological Conference, led by the Municipal Finance Bureau and the Municipal Guidance Fund Trusteeship Management Agency, was grandly held. More than a hundred well-known investment institutions, business representatives and industry experts gathered together to link the guidance funds through the conference. Various cooperative institutions and resource parties held discussions around the development direction of venture capital and equity investment, the virtuous cycle of government-guided funds, and the development of new quality productivity in venture capital and venture capital services, and conducted in-depth discussions on the fundraising, investment, and development of venture capital and venture capital industries. The core issues faced by management and withdrawal of various chains, and interpretation of the current status and development direction of key industries and hot spots.

In addition, the conference also cooperated with the city’s listed emerging industry professional parks to carry out project roadshows, organized on-site reviews of venture capital and venture capital institutions, expanded the influence of high-quality enterprises, smoothed the two-way docking channels for funds and project investment and financing, and led the venture capital to inject vitality into the fertile industrial soil. , connect industrial clusters and promote high-quality economic development.

At the conference, CVINFO also used the outstanding investment institutions’ establishment of funds, investment projects and project exit results in Qingdao in the past three years as a benchmark to discover and commend outstanding investors who have made outstanding contributions to the construction of Qingdao’s international venture capital and venture capital center. Partners, attract more outstanding investors to become Qingdao city partners, and provide a reference for Qingdao to build a high-quality capital matrix.

It is worth mentioning that this conference actively advocates the practice of green investment concepts and uses digital RMB payment to purchase the carbon emission reductions of Qingdao’s carbon inclusive platform “lcago” to neutralize this venture capital investment. The carbon emissions generated in transportation, catering, accommodation, conference affairs, etc. during the conference have achieved a “zero-carbon conference” and provided a reference for enterprises and financial institutions to serve green and low-carbon development.

Capital empowers industry, new quality drives development. In this warm season, let’s turn our attention to the 2024 Qingdao Venture Capital Conference.

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/qingdao-a-venture-capital-city-is-rising-up-302157498.html

SOURCE CVINFO

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

IMDA and Tencent Debut “Beyond the Screen” to Champion Real-World Connection through Digital Play

Published

on

By

The launch is marked by the signing of an agreement between IMDA and Tencent to advance healthy digital habits and safe, responsible use of digital technologies among youths, parents, and families.

SINGAPORE, May 2, 2026 /PRNewswire/ — The Infocomm Media Development Authority (IMDA) and Tencent today jointly launched “Beyond the Screen: Healthy Digital Play”, a new digital wellbeing campaign that encourages healthy digital habits by bringing families into the conversation and strengthening real-world connection through healthy gameplay.

The campaign encourages families to bridge the gap between play and purpose through gaming. It showcases how digital play can foster deeper understanding, facilitate balanced routines, and build stronger connections at home.

“Digital spaces are already a natural part of how young people learn, play, and connect today,” said Mr Murphy Zhao, Country Manager of Tencent Singapore and Head of Tech Group, Tencent Games. “As a company with deep expertise across digital entertainment and communications, we want to play a constructive role by helping families build meaningful digital habits that extend beyond the screen.”

Advancing Family Digital Wellness In Partnership with IMDA

As part of the launch, IMDA and Tencent also signed an agreement to strengthen collaboration on initiatives in digital wellbeing. The agreement was signed by Ms Joanna Lam, Cluster Director for Digital Readiness, IMDA, and Mr Murphy Zhao, Country Manager of Tencent Singapore and Head of Tech Group, Tencent Games. The collaboration builds on Tencent’s ongoing cooperation with IMDA, in support of the national Digital for Life (DfL) movement, focusing on promoting online safety and healthy digital habits among youths, parents, and families.

Tencent will co-develop educational content with IMDA, as well as organise four community outreach activities, reaching out to an estimated 4,000 participants. The company will also commit S$ 25,000, which totals to S$ 50,000 with the government’s dollar-to-dollar matching, to the DfL Fund. The DfL Fund provides support for projects and activities promoting digital inclusion, digital literacy and digital wellness. 

“Ensuring digital wellness is increasingly important, particularly for our children who are digital natives,” said Ms Joanna Lam, Cluster Director for Digital Readiness, IMDA. “Tencent has been a DfL partner since 2022, and I thank them for their continued commitment to the DfL cause. We look forward to deepening our collaboration with Tencent to empower parents and youths with practical guidance to build healthy digital habits and navigate the digital world safely together.”

Leading the Conversation on Healthy Digital Play

The inaugural Singapore launch event was officiated by Ms Jasmin Lau, Minister of State, Ministry of Digital Development and Information, and also hosted social service organisations from Singapore, Malaysia, Thailand, Indonesia, and the Philippines. At the event, families participated in gamified quiz experiences and took home educational materials designed to transform gaming into healthier routines at home. 

The programme also featured a parenting talk that shared practical guidance on utilising games as a bridge for conversation at home. The session highlighted how, when guided by constructive routines, gaming can support the development of soft skills such as communication, teamwork, strategic thinking, and persistence.

During the event’s expert insights session, Mr Narasimman S/O Tivasiha Mani, psychotherapist and co-founder of local youth charity Impart, said, “Healthy gaming is not built through one-off rules. It grows through rapport, shared understanding, and everyday conversations. Through a collaborative process between educators, families, and the wider community, it becomes easier to set shared expectations and support balanced habits that carry beyond the screen.”

Building a Scalable Digital Wellbeing Framework for Southeast Asia

While digital habits may look different across the region, the underlying need is the same — helping families build healthier, more confident relationships with the digital world.

“Beyond the Screen” is part of Tencent’s broader commitment to fostering intentional digital play, equipping youths, parents, and educators with practical resources to build balanced routines, encourage respectful interactions, and strengthen open communication at home.

Insights from the Singapore launch will inform the rollout of the campaign across Southeast Asia in 2026, with local adaptations to meet the needs of diverse communities in the region.

About Digital for Life Movement

A Digital Future for All – In our increasingly digital world, everyone can play a part to help create a more inclusive digital future.

The Digital for Life (DfL) national movement, launched on 8 February 2021, aims to galvanise the community across the 3Ps (Private, Public and People) to help Singaporeans embrace digital as a lifelong pursuit and enrich lives through digital technology.

The DfL fund was also set up to support projects and activities promoting digital inclusion, digital literacy and digital wellness. Learn more about the DfL movement at digitalforlife.gov.sg.

About Infocomm Media Development Authority

The Infocomm Media Development Authority (IMDA) leads Singapore’s digital transformation by developing a vibrant digital economy and an inclusive digital society. As Architects of Singapore’s Digital Future, we foster growth in Infocomm Technology and Media sectors in concert with progressive regulations, harnessing frontier technologies, and developing local talent and digital infrastructure ecosystems to establish Singapore as a digital metropolis.

For more news and information, visit www.imda.gov.sg or follow IMDA on LinkedIn (IMDAsg), Facebook (IMDAsg) and Instagram (@imdasg).

About Tencent 

Tencent is a world-leading internet and technology company that develops innovative products and services to improve the quality of life of people around the world. Our communication and social services connect more than one billion people around the world, helping them to keep in touch with friends and family, access transportation, pay for daily necessities, and even be entertained. Our financial technology business covers payment, credit, wealth management and insurance sectors, as we support our partners’ business growth and assist their digital upgrade through FinTech and other enterprise services. We also publish some of the world’s most popular video games and other high-quality digital content, enriching interactive entertainment experiences for people around the globe. Tencent was founded in Shenzhen, China, in 1998, and has been listed on the Main Board of the Stock Exchange of Hong Kong since 2004.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/imda-and-tencent-debut-beyond-the-screen-to-champion-real-world-connection-through-digital-play-302760594.html

SOURCE IMDA; Tencent

Continue Reading

Technology

Does Your Building Have Fire Sprinklers?

Published

on

By

Fast Guard Service alerts real estate owners and property managers: 2026 fire code updates to NFPA 25 will significantly affect sprinkler system compliance requirements — and insurance implications could not be more serious.

SAN JOSE, Calif., May 2, 2026 /PRNewswire/ — Fast Guard Service, one of the nation’s leading providers of licensed fire watch and security guard services, is urging commercial and residential property owners to take immediate stock of their fire sprinkler systems as sweeping 2026 updates to NFPA 25 — the national standard governing water-based fire protection system inspection, testing, and maintenance — take effect across the country.

The timing could not be more consequential. Private insurers are exiting fire-risk markets at an accelerating pace, dropping policyholders and limiting coverage in states from California to Florida. In this environment, a sprinkler system that fails a compliance check is no longer a routine maintenance issue. It is a potential grounds for claim denial or policy cancellation.

The 2026 edition of NFPA 25 introduces several changes property owners must act on now. Fire pump failures are formally classified as system impairments requiring immediate response. Supervisory valve testing moves to a semiannual schedule. Annual internal inspections are now mandatory for all dry, preaction, and deluge valves. And where corrosion-control technology has been used to justify smaller pipe sizes, ongoing maintenance of that equipment is now a codified legal obligation — not a recommendation.

Critically, any sprinkler system impairment — whether triggered by repair, renovation, freeze damage, or a compliance-driven upgrade — legally requires a certified fire watch for the duration of the outage under NFPA 1, NFPA 101, and local fire authority mandates. This is a condition of occupancy, not an option.

“The 2026 code updates will send a wave of sprinkler systems into inspection and repair cycles,” said a spokesperson for Fast Guard Service. “Every one of those impairment windows requires a fire watch on-site. We are prepared to be there.”

Fast Guard Service deploys certified fire watch personnel 24 hours a day, 7 days a week, anywhere in the United States — typically within hours of a client’s call. Guards conduct continuous patrols, maintain documentation accepted by insurers and code enforcement authorities, and coordinate directly with fire departments when needed.

Property owners who are unsure whether their sprinkler systems meet 2026 NFPA 25 requirements are encouraged to contact Fast Guard Service for guidance.

Founded in August 2013 and headquartered in Hollywood, Florida, Fast Guard Service is a fully licensed, bonded, and insured private security company operating in all 50 states. The company specializes in armed and unarmed security guards, fire watch services, executive protection, mobile surveillance, event security, and emergency response. Fast Guard Service is trusted by Fortune 500 companies, government entities, healthcare systems, commercial developers, and private clients nationwide.

All operations are tracked through the proprietary Fast Guard App, providing clients with real-time GPS reporting, live guard location updates, and digital incident documentation.

For an instant quote or same-day service, visit www.fastguardservice.com or call (844) 254-8273.

Press Release Service provided by 24-7PressRelease.com.

View original content:https://www.prnewswire.com/news-releases/does-your-building-have-fire-sprinklers-302760491.html

SOURCE Fast Guard Service

Continue Reading

Technology

First Online Conversations Are Changing in 2026, According to New Secretmeet Research

Published

on

By

New research from Secretmeet reveals that the classic “Hey” opener is dying out — and the way people initiate connections online in 2026 looks nothing like it did just three years ago.

GIBRALTAR, May 2, 2026 /PRNewswire-PRWeb/ — People are rethinking the first move. Not just what to say, but when to say it, how long to make it, and what emotional tone to lead with. Across the board, data from Secretmeet’s latest research study shows a clear shift in how online conversations begin in 2026.

The single-word opener? Largely gone. The copy-paste compliment? People spot it instantly. Secretmeet noted that what’s replacing them is more interesting — and more human.

The Death of the One-Word Opener

For years, “Hey,” “Hi,” and “Hello 👋” dominated opening messages on dating platforms. They required no effort and, accordingly, generated little response. According to data published by the Journal of Computer-Mediated Communication, conversational openers that include a specific reference to the recipient’s profile generate significantly higher response rates than generic greetings.

Secretmeet’s research confirms the trend is accelerating. In 2026, users who open with a question — particularly one tied to something specific in a profile — see measurably stronger engagement in the first exchange. The bar for a “good” first message has risen.

This doesn’t mean people need to write an essay. Short still works. But purposeful short beats lazy short every time.

One of the more striking findings from Secretmeet: wit is winning. Openers with a light, humorous tone — a playful observation, a self-aware joke, a clever hypothetical — are outperforming earnest, serious introductions in early conversation engagement.

The Timing Shift Nobody Expected

When people send that first message matters more than most realize. In a Secretmeet review of activity trends, data points to a notable behavioral change: users in 2026 are increasingly active during morning hours — particularly between 7 a.m. and 9 a.m. — a window that was almost entirely quiet just a few years ago.

Evening hours still dominate overall volume. But morning messages show a disproportionately high response rate. The theory? People checking their phones with coffee and no agenda are more present, less distracted, and more open to genuine interaction than those scrolling at midnight.

It’s a small tactical insight with a surprisingly large emotional implication: presence matters more than timing, and mornings are when people show up fully. Secretmeet’s data makes that case clearly.

What This Means for How We Connect

The bigger picture here isn’t about tactics. It’s about expectations. People arriving at online dating platforms in 2026 want something more immediate and more genuine than they did in 2020. The pandemic years accelerated a kind of emotional directness online — and that hasn’t reversed.

People want to feel seen in a first message. They want to laugh. They want a reason to respond. A Secretmeet review of first-message engagement data suggests that users are increasingly capable of signaling — and detecting — authentic intent right from the very first line.

The opening message has always mattered. What’s changed is how clearly people understand that now.

About Secretmeet

Secretmeet is an online dating platform built around one straightforward idea: conversations should feel good. Not stressful, not performative — genuinely enjoyable. The platform is designed for people who want warmth, a little wit, and the kind of back-and-forth that actually goes somewhere. Whether you’re looking for something serious or just a spark of something new, Secretmeet reviews its features continuously to ensure that the first message has a real chance of turning into something worth remembering.

Media Contact

Alice Ross, Secretmeet, 1 14844760121, smm@secretmeet.com, https://secretmeet.com/

View original content:https://www.prweb.com/releases/first-online-conversations-are-changing-in-2026-according-to-new-secretmeet-research-302759958.html

SOURCE Secretmeet

Continue Reading

Trending