As a parallel session of the 2024 Financial Street Forum, an investment matchmaking event was held in Beijing on Saturday in a bid to foster connections between innovators and investors.
The event brought together over 30 high-tech enterprises with representatives from more than 60 financial institutions, seeking partnership for overarching transactions and deals.
During the event, each participating company was allotted 10 minutes to present their business models and funding needs to potential investors. The majority of these enterprises are small and medium-sized firms specializing in fields such as artificial intelligence, new energy, and advanced manufacturing.
"I think it is a good opportunity for us to communicate and to exchange some information. As you know, we are focused on the lightweight industrial robotics and also the application of different robots. So by attending this conference, we can get to know a lot of our potential customers and get to know the recent sights and potential of the industry, which can help us better improve our product and get into this deep new market," said Zhang Sai, Chairman and CEO of Robotphoenix Intelligent Technology.
Yu Wenxin, managing director and chief pharmaceutical analyst at Haitong Securities, highlighted the importance of patient capital in sectors like biotechnology.
"Fields like biotechnology, integrated circuits, and artificial intelligence represent cutting-edge technology sectors that often require significant upfront investment and a lengthy development period. However, once successful, these sectors can yield substantial returns. Therefore, such long-term and meaningful investments necessitate the involvement of patient capital in these industries," she said. Entrepreneurs at the event said that companies which have unique and absolute advantages can more easily secure investments.
The three-day Annual Conference of Financial Street Forum 2024 opened in Beijing on Friday, with focus on financial openness, cross-border investment, industrial collaboration, and shared economic stability. The gathering hosts a total of 25 panel meetings, three investment and financing matchmaking sessions, and other fintech related activities.
Financial Street Forum seeks partnership for overarching transactions
