At China Hi-Tech Fair 2019, both at the Bavaria Pavilion in Hall 1 and the Start-up Exhibition Area on the second floor, there is a special booth at the same time, that is the German "Start-up Corner". This "Start-up Corner" combines exhibitors from six German hi-tech start-ups, respectively, represents the Internet of things , the Internet and mobile Internet, aerospace, business consultation services in the field of business innovation level. Among them, Cleverdocumentation UG(LLC.), vAudience GmbH, LyDARTech GmbH also make presentation on the roadshow event at the Fair on Nov. 15th.
This is also the second appearance of German "Start-up Corner" at the CHTF. The inaugural "Start-up Corner" at the CHTF last year was a success, with four of the five German start-ups invited to the CHTF roadshow and two won prizes.
"One of the winning companies has made a significant investment in Germany after returning home and now has more than 10 employees and many of its components are now supplied by Chinese suppliers." Mr. Einmeier，Head of the Germany Start-up Corner" and CEO of ThinkTank Networks said.
ThinkTank Networks is an international network of senior business development experts, designed to provide customers with strategic business planning, business development, implementation of marketing strategies and outsourcing sales services. Mr. Einmeier himself has participated in seven CHTF sessions and has been committed to facilitating exchanges between Chinese and German companies.
Mr. Einmeier said the corner was set up mainly to strengthen links between German start-ups and Chinese investors and suppliers, to facilitate cooperation between China and Germany, and to promote the entry of German technology into China, which is a win-win development opportunity. German start-ups hope to expand into the Chinese market and gain international recognition by participating in CHTF, especially after winning the prize, which will be of great help to the company's future development. At the same time, by participating in CHTF, German start-ups have gained a better understanding of the importance of the Chinese market, and can find venture capital and partners, as well as rich supply channels and high-quality labor resources in the Pearl River Delta, the "factory of the world".
Mr. Einmeier, said that the exhibitor -- Quantum-Systems GmbH brought the product - UAV, with vertical takeoff and good horizontal directional change ability, in agriculture, land measurement and other fields have a good application, can use artificial intelligence technology analysis and detection of soil moisture, temperature and other conditions. The technology is an international leader and a representative product of German start-ups.
"The participation of these German companies in CHTF not only pushes their products into the Chinese market, but also enables them to see a new, hi-tech China." Some Germans may still think of China as 40 years ago, but it is already a 'hi-tech China,' especially Shenzhen, which is a 'future city’ and one of the most futuristic and modern cities in the world, Mr. Einmeier said. CHTF is becoming a card to refresh the impression of German enterprises on China.
At the "start-up corner" booth, the reporter met Dr. Lang Yidong of LyDAR Tech. LyDAR Tech is a high-tech start-up company dedicated to artificial intelligence ioT solutions established by the German returnees' elite team, as Dr. Lang said. In front of him, there are all kinds of smart meter readers. It turns out that Lang Yidong envisions to use scientific and technological ways to solve the industry pain points in the field of water affairs. In this industry, it is difficult to read meters, to analyze the leakage, to collecting data, and to implement constructions.
In May this year, the LyDAR Tech, founded by Dr. Lang in China, carried out water-saving pipeline management project for Shanghai Putuo District People's Hospital. For meters of each pipe network of the hospital, the water consumption of each floor of the whole hospital was monitored by installing the Auge water meter remote reading system provided by LyDAR Tech. The project can fully control the change and trend of total water consumption in real time, and automatically generate an early warning and control mechanism for internal water leakage of the hospital, improve the response speed of leakage and leakage spot positioning, and reduce the cost of leakage maintenance.
German “Start-up Corner” still has the assist of Shenzhen Chamber of Investment. In 2017, Thinktank Network and Shenzhen Chamber of Investment signed a cooperation agreement to jointly establish the "Start-up Corner" at the 2018 CHTF. Lisa Chen, Deputy Secretary General of the "Belt & Road" Commission of the Chamber, told the reporter that the Germany "Start-up Corner" is actively promoted and organized by domestic and foreign professional consulting agencies. Shenzhen Chamber of Investment, together with its partner --- Shenzhen E-Genius Consulting Service Co., Ltd., joined hands with the international business experts to make unremitting efforts to improve the internationalization level of the exhibition area, inject new strength into the start-up exhibition area of CHTF, so that the start-up exhibition area can fully display the vitality of start-ups. This joint venture corner with Thinktank Network is a successful cooperation.
Mr. Einmeier also believes that by acting as a bridge between local Chambers of Investment, German exhibitors can find potential investors and partners more easily, more quickly and more effectively, thus making outcome trading and matching more efficient and accurate.