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In August, international beauty companies ushered in the 2023 mid-year season. L ‘Oré al Group topped the list with a revenue of over 20.5 billion euros, Shiseido emphasized the importance of China market in its financial report, Kao Group sought new opportunities in the high-end skin care products market in China … Although its performance generally rose, compared with three years ago, each beauty group had different growth rates and faced different difficulties.

The four major beauty Japanese companies collectively "bet", and the China market has become a strong growth driver

On August 8th, Shiseido Group announced its performance report for the first half of 2023 as of June 30th. During the period, the group’s net sales were 494.189 billion yen (about 24.9 billion yuan), a slight increase of 0.2% compared with the same period of last year, and its operating profit increased by 19.7% to 13.632 billion yen (about 680 million yuan). Beijing News Shell Finance reporter noted that the China market is becoming a strong growth driver of Shiseido Group.

When combing Shiseido’s performance in recent years, the reporter found that the China market had surpassed Japan to become the largest market of the group in 2022, but it declined slightly in the first quarter of this year. In the first half of 2023, China market once again became the market with the largest contribution to Shiseido’s revenue. During the period, the net sales in China market increased by 12.8% year-on-year to 130.6 billion yen (about RMB 6.54 billion), accounting for 26.4% of the Group’s total revenue, and the Japanese market accounted for 25.3%, ranking second. In terms of core operating profit, the China market ranked first with a score of 7.5 billion yen (about 380 million yuan), while the Japanese market was 4 billion yen (about 200 million yuan).

During the reporting period, with the help of "618" promotion activities, the group’s e-commerce channels increased by more than 20%. Among them, Shiseido’s namesake brand performed remarkably, and the sales of Clé de Peau Beauté in China market increased by more than 40%.

In addition to Shiseido, Japanese beauty companies that take China as their primary market also have POLA Orbis, the parent company of Pola. In the first six months of this year, the group’s net sales were 85.836 billion yen (about 4.29 billion yuan), up 9% year-on-year; Operating income increased by 82.3% year-on-year to 8.966 billion yen (about 450 million yuan). According to the financial report, during the period, the net sales of Polaroid’s beauty business reached 83.529 billion yen (about RMB 4.18 billion), a year-on-year increase of 9.3%; Operating income was 8.713 billion yen (about 440 million yuan), up 66.1% year-on-year. The growth of this business is mainly driven by the main brands Polaroid and ORBIS.

It is reported that Polaroid’s net sales in the first half of this year reached 49.763 billion yen (about 2.5 billion yuan), a year-on-year increase of 10.4%. Among them, the brand’s revenue in China market increased by nearly 20%. According to the group, at present, Polaroid has taken China as its main market, and is constantly striving to expand its customer contact points.

It is noteworthy that Kose and KAO also recently announced their first-half results, and both have the momentum of "long-term betting on the China market".

During the financial reporting period, Kose Group’s net sales increased by 10.5% year-on-year to 144.2 billion yen (about RMB 7.22 billion), and its operating profit increased by 44.5% year-on-year to 10.4 billion yen (about RMB 520 million). Beijing News Shell Finance reporter noted that although the Asian market is the only overseas market where the group’s revenue has declined, the China market still becomes the largest market of Kose e-commerce channel with 14% revenue.

Kose Group expects that the China market will lead the Group’s performance growth in 2023 with a revenue increase of 10%. In addition, it is planned to strengthen the promotion of Cosme Decorte)AQ series in China, and to open new offline department stores and flagship stores to strengthen the high-end products of Cosme Decorte.

At the same time, Kao Group is also seeking opportunities in the high-end beauty market in China.

In the first half of this year, the net sales of Kao Group was 738.5 billion yen (about RMB 36.992 billion), up 0.6% year-on-year; Operating profit was 2.5 billion yen (about 126 million yuan), down 51.7% year-on-year.

The financial report shows that Kao has six major businesses. Among them, the net sales of cosmetics business decreased by 0.2% compared with the same period of last year to 115.8 billion yen (about 5.819 billion yuan); The operating profit loss was 2.5 billion yen (about 126 million yuan). According to the financial report, during the period, the sales of this business in Japan increased by 2.5% to 75.5 billion yen (about RMB 3.793 billion), while the sales in Asia decreased by 10% to 26.8 billion yen (about RMB 1.337 billion).

Kao Group said, "Although China’s market revenue is lower than that of the same period last year, it is still in the recovery stage, but two brands, Freeplus and Curel, have achieved strong growth performance. The former was completely sold out after the rebranding, while the latter increased its revenue by 30% during the’ 618′ period. "

In addition, the group’s senior executive director, Yosuke Maezawa, and its executive director, Yutai Murakami, recently publicly stated that Kao Group’s advantages in the China market are Fulifang Si and Kerun, and for these two brands, the group chose to build a factory in China. "We will focus on the younger generation of consumers in China and grasp the local market changes in product manufacturing." SENSAI, a high-end skin care brand under Kao Group, is expected to open a physical flagship store in Shanghai this year and enter the high-end beauty market in China.

China has become L ‘Oré al’s second largest market in the world, and Estee Lauder called "China as the growth driver".

Compared with Japanese companies, the semi-annual reports of European and American beauty companies came earlier. In July this year, L ‘Oré al Group took the lead in releasing the results for the first six months. During the period, the group achieved a total revenue of 20.57 billion euros (about 161.99 billion yuan), a year-on-year increase of 13.3%. Regionally, during the period, the Group achieved growth in all regions. Among them, the China market recovered strongly in the second quarter, with a net sales growth rate of 7% in the first half of the year. The North Asia market with China as its regional headquarters grew by 3.9% in the first half of the year. It is not difficult to see that China, as the second largest market of L ‘Oré al in the world, is very important for its development.

In the analyst conference call after the announcement of the financial report, Nicolas Hieronimus, CEO of L ‘Oré al Group, listed China as one of the "five major growth contributors". He mentioned that the sales generated by China consumers at home and abroad accounted for about 23% of the Group’s sales, with an increase of 10%, which was ahead of the market average.

L ‘Oré al’s "old rival" Estee Lauder also recently announced the fourth quarter and full-year results of fiscal year 2023. In the whole fiscal year ending June 30, the group’s net sales reached 15.91 billion US dollars (about 115.9 billion yuan); The net profit was $1.01 billion (about RMB 7.4 billion). Among them, the net sales in the Asia-Pacific region increased by 4%, with an increase of 36% in the fourth quarter. At the performance briefing, the group highlighted that most markets, led by Chinese mainland and Hongkong, have achieved double-digit growth.

The group also said that Chinese mainland’s e-commerce business achieved excellent performance every month in the fourth quarter, achieving organic growth of over 30%, and its market share in high-end beauty products increased by 2 percentage points. Estee Lauder believes that in the future, Chinese mainland and tourism retail business will remain the main driving force for the company’s long-term profit growth.

The performance of luxury beauty brands has suffered from "Waterloo", which is caused by purchasing?

With the increasing number of tourists around the world, beauty groups have focused on tourism retail business. However, Beiersdorf Group seems to have encountered "trouble" in this business.

In the first half of this year, the net sales of Beiersdorf Group increased by 12.3% year-on-year to 4.936 billion euros (about 38.6 billion yuan). Specifically, during the reporting period, the sales of the group’s consumer goods business unit increased organically by 14.9%, and all skin care products achieved double-digit growth, among which the sales of the core brand Nivea increased organically by 18.4% year-on-year.

It is worth noting that the beauty brand Leponi, which belongs to the luxury goods business of Beiersdorf, suffered a performance "Waterloo". During the reporting period, the brand’s net sales decreased by 9.9% year-on-year to 294 million euros (about 2.3 billion yuan). Beiersdorf said that the main reason for the decline in performance was that Daigou had caused great damage to the Asia-Pacific tourism retail market.

In fact, many beauty and luxury goods groups mentioned the keyword "purchasing" in their financial reports. Some enterprises have an immediate impact of slowing performance after cracking down on purchasing, and at the same time, they are willing to give up short-term interests to protect the long-term value of the brand.

For example, L ‘Oré al Group said in a conference call after the release of the semi-annual report in 2023 that the slowdown related to purchasing in major markets in South Korea and China and Hainan put pressure on L ‘Oré al Group’s tourism retail performance in the first half of the year. Ye Hongmu expressed his measures and determination to maintain the China market. He said, "Our first task is to ensure the rights and interests of our brand and the China market. Protecting brand equity is a major reason for L ‘Oré al’s increasing market share in China. "

The Beijing News Shell Finance reporter learned that L ‘Oré al Group has been reducing the price difference between other retail stores in China and those in Hainan by increasing the price of duty-free shops in Hainan, so as to avoid excessive discounts or unreasonable prices in the tourism retail business. Based on this concept, the group has set up a working department named CCCT to ensure that the price and promotion level of tourism retail will not damage its daily profit in China market.

In addition, at the beginning of 2023, the top executives of luxury goods giant LVMH showed their determination to resist beauty purchasing at the analyst conference call after the 2022 financial report. Bernard Arnault, CEO of the group, for example, said that in the past three years, the duty-free shops in South Korea were empty, but the duty-free business recorded high income. The reason behind this is that the products are directly transported from the warehouse to the professional purchasing hands, and then sold at a discounted price.

Jean-Jacques Guiony, the group’s chief financial officer, made it clear at the meeting that in order to protect brand assets, Luwei Mingxuan Group has made up its mind to eliminate all parallel channels of tourism retail around the world. The annual profit of the perfume and cosmetics department of the group also fell by 3% due to the termination of this channel business.

In this regard, Zhou Ting, president of VIP Research Institute, believes that beauty purchasing is the hardest hit area for fake beauty products, which not only affects the brand image, but also causes huge losses to brand sales and profits. Combating fake products is the general trend and the inevitable choice for all brands and enterprises.

Zhou Ting said that purchasing this kind of behavior disrupts the market order and affects the price policy for brands, so that brands can’t directly face and serve customers; For consumers, giving fake goods an opportunity, the rights and interests cannot be guaranteed, and the final damage is themselves. She believes that purchasing must be resolutely resisted.

Beijing News Shell Finance reporter Yu Menger

Editor Jake

Proofread Lin Zhao

Photo by Beijing News Shell Financial Reporter Yu Menger

With the continuous development of economy, people’s demand for green and healthy food is increasing, and the output of dairy products is increasing. Statistics show that from January to November 2021, the output of dairy products in China reached 27.506 million tons, a year-on-year increase of 9.3%.

At present, China’s dairy industry started late, started at a low level, and developed rapidly. In recent years, the state has successively issued a number of policies to encourage the development and innovation of the dairy industry. A series of industrial policies such as the Action Plan for Improving the Quality and Safety of Dairy Products have provided a good production and operation environment for the development of the dairy industry.

In dairy factories, forklifts are often used to carry boxed milk or other raw materials. There will be workers coming and going in the workshop, as well as other vehicles working. So how can we better improve the handling safety and management efficiency, and improve the happiness index of employees?

Based on over 30 years of chip-level R&D experience and over 6,000 international leading patented technologies, VIA has launched VIA Mobile360 AI forklift safety kit in recent years, and cooperated with various factories. In early 2021, there have been successful cases in dairy industry. Aiming at the pain point of forklift truck handling in the factory area, focusing on "worker safety", the handling safety of dairy factory area and the efficiency of intelligent fleet management are significantly improved.

This customer is one of the leading enterprises in the dairy industry, with a complete range of dairy products, and many of its products have long been in the leading position in the market, and have achieved the industrial layout in developed dairy regions such as Asia, Europe, America and Oceania.

Pain points of traditional dairy factory handling

1. There are many goods in the warehouse, the space is relatively narrow, and there are many blind spots, so it is necessary to improve driving safety.

2. There are workers walking back and forth in the handling area, so it is necessary to improve the safety of warehouse staff.

3. It is necessary to monitor the fatigue driving condition and improve the safety management of forklifts.

4. For security inspection and spot check, it is necessary to improve the supervision, accident tracing and management effectiveness.

Reasons for selection and landing results

Focus on AI technology to improve forklift safety and management effectiveness, and use VIA pedestrian detection and warning system and DMS driver monitoring technology to improve driver safety and warehouse worker safety. It is convenient for fleet managers to monitor, secure and analyze forklift driving data, and help forklift fleet successfully carry out intelligent transformation and upgrading. At present, customers have placed orders in batches, and the feedback is good. It is expected that there will be more in-depth cooperation in the future.

Experience of adding AI forklift safety kit

The customer added VIA AI forklift safety kit, and after using it for 3 months, he said, "We were initially optimistic about VIA’s deep accumulation in the field of science and technology, VIA’s powerful edge AI and multi-sensor fusion technology. In the process of practical application, we found that AI forklift safety kit can get twice the result with half the effort when it is applied to the safe driving and management of forklifts. When artificial intelligence is put into practice in fleet management, the benefits of transformation and upgrading are amazing. Forklift equipped with AI forklift safety system has become safer, more efficient and more convenient in handling, and now it has become our "comrade-in-arms" and "good helper"! "

Wei Mobile360 AI forklift safety kit is based on advanced AI edge algorithm, which seamlessly connects AI pedestrian detection and warning, driver behavior management and cloud management, and can provide efficient and safe handling and fleet management solutions for dairy factories. The kit has a complete out-of-the-box solution, which is suitable for all kinds of mainstream internal combustion forklifts and electric forklifts, and can be flexibly customized according to the user’s needs. In the future, VIA will gradually add functions such as speed and reversing detection sensors, which will help the forklift handling transformation and upgrading in dairy industry and even more industries!

About VIA Group

VIA Technologies, founded in 1987, is an advanced technology enterprise group which integrates artificial intelligence, Internet of Things and computer vision, based on its rich experience in chip-level R&D. With more than 6,000 core patented technologies in the world, it has long been focusing on innovative intelligent solutions for transportation, industry, smart cities and data center applications, and is a world-renowned leading technology enterprise.

After the meeting, Turkish President played table tennis, and the table "showdown" was exposed.

According to the Harbin News Agency, on the 12th local time, Kazakh President Tokayev met with visiting Turkish President Erdogan in Astana, the capital. After the formal talks, the two presidents played table tennis.

On 12th, the Kazakhstan News Agency announced the picture of the "confrontation" between the two presidents on the ball table. After the "match", the two men laughed and shook hands. This is not the first time Tokayev and Erdogan have interacted on the table. They also played table tennis together after their meeting in Ankara in May. Kazakh media said that Tokayev loves table tennis very much.

According to the Information Bureau of the Presidential Office of Kazakhstan, on 12th, after the bilateral meeting between Kazakhstan and Turkey and the fourth meeting of the high-level strategic committee, Tokayev and Erdogan held a joint press conference at the Presidential Office.

Kayev said that Erdogan’s visit coincided with the 30th anniversary of the establishment of diplomatic relations between the two countries. The two sides signed a series of important documents at the fourth meeting of the High-level Strategic Committee, and planned to increase the bilateral trade volume to 10 billion US dollars.

Source: Overseas Network

Python digital image processing

—edited by Zhang Yunchu—

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This book is guided by thoroughly explaining concepts, attaching importance to methods, highlighting applications, and being easy to teach and learn. It describes technical terms related to digital image processing from semantic and mathematical perspectives, analyzes the mechanism of classical algorithms, and gives an example program.

Python was founded in the early 1990s by Guido van Rossum, a Dutchman. Because it is concise, easy to read and extensible, and has a rich ecosystem of scientific computing libraries, Python has become an important programming language relied on by hot technologies such as artificial intelligence, machine learning, neural networks, deep learning, Internet of Things, robotics, etc. OpenCV is one of the best open source computer vision library at present, providing more than 2,500 optimization algorithms, including the latest computer vision algorithm, supporting machine learning and deep learning. It is licensed by BSD and can be used for academic and commercial purposes free of charge. OpenCV is written in optimized C/C++ and provides Python wrapper for API functions, which can be used in Python programs. This book is based on Python language, using Python extension packages such as NumPy, SciPy, OpenCV-Python, Scikitimage, Pillow, Matplotlib, etc., and writes a large number of sample programs, and gives a detailed explanation of some called functions.

Readers can input and run the sample programs of each chapter under the Python interactive interpreter, or open the executable notepad file of the sample program Jupyter Notebook attached to this book, and run the sample code section by section, or they can use various Python IDEs (such as Pycharm) to create, save and run Python files. This book pays equal attention to theory and practice, and each chapter is equipped with exercises and computer exercises.

"

Executive summary

This book systematically introduces the basic theory, classical algorithm and Python implementation of digital image processing. The book is divided into 10 chapters, including image data representation and basic operation, gray scale transformation, spatial filtering, frequency domain filtering, color image processing, image geometric transformation, image restoration, morphological image processing, edge detection, image segmentation, etc. Each chapter is equipped with exercises and computer exercises, and a JupyterNotebook executable notepad file is provided with PowerPoint courseware and sample programs of each chapter.

"

Reader’s target

This book can be used as a textbook for digital image processing courses of artificial intelligence, electronic information engineering, communication engineering, computer science and technology, photoelectric information science and engineering, information engineering, automation, remote sensing science and technology, etc. in colleges and universities, and can also be used as a reference for relevant professional researchers and engineers.

"

Introduction to the author

Zhang

transport

clear/a surname

+ +++

Table of Contents

Try reading

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Please scan the QR code below for more trial reading content ↓

Book subscription information

Title: Python Digital Image Processing

ISBN：978-7-112-26448-3

ISBN: 37985

Pricing: 49 yuan

Listing time: May 2022

China Building Industry Press

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Collection of Architectural Design Materials: Let’s read books on architecture, planning and gardens ~

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September 9, 2021 (Thursday) from 19:00 to 20:30, byJingbao Digital Audiovisual Investment AllianceSocially audio-visual China · Creating the first phase of ""Orientation to the road to the Yuan Universe, who is the number one player?"For topics,InviteBritish Angel Fund PartnerWang Wei,Join the founder of science and technology, the universe sponsor Liu Hua Yang, founder of IFGames StudioQian QingquanConduct online sharing discussions.

Tell!

1. In the past ten years, we have not reached the experience of the number one player.

2. The most important stage at this stage is the construction of the underground infrastructure with very high deterministic undercale.

3, "No. 5 players" in the Yuan Coso, may not be a company, it should be a decentralized organization.

4, the future Yuan universe may not be human beings, but the artificial AI makes it.

The following is the idea of ??this program guest point:

Beijing New Fund Song Gang: Why is the Yuan Universe Ignore when I was now, not at other times? Is this an accidental event or a chapter? Is there a deeper reason and logic behind?

Yino Angel Fund Wang Wei:I think it is in line with the scientific law of things, it requires software and hardware technology to continuously improve and innovate. The era of mobile Internet is the most important thing to use the application, interactive, processing capabilities, and support of bandwidth. Yuan Universe has now reached a stage that can produce basic consensus. It is more like an early Internet, although there is a basic engineering, but if you really want to form a very quality experience and delivery, let you really go to life in the original state, there is a long way to go, I think this cycle At least 10 years.

Same science and technology Liu Hua Yang:I think it is even more than inevitably. The Yuan Universe is definitely a foam than the opportunity in the short term, but the chance of technically driven people and information behind the Yuancai, the opportunity between people and people’s new output value is huge. . We all use technologies to restructuring information, then use new forms, new terminals to provide experience, in the last 10 years, we can’t reach the number one player who is imagined, maybe It also takes a longer time. So 10 years I definitely define it: it is not a real Web3.0, or a transitional Web 2.5 era.

Web2.5 era information "virtual real symbiosis", AR glasses, VR helmets, mobile phones and other terminals, the real world is crucial with the Internet’s interconnection entrance of the digital world, everyone sees that the global AR World Map Company has been acquired in recent years, It has also received the invitation several times.

Web3.0, the information "virtual realism", there will be wearable equipment of the whole sensory, go to the centralized content and AIGC productive force, the sea quotation is seamlessly interconnected, the universe is built and the earth real world 1: 1 The virtual solid-symbiotic map of the cosmic universe economy, everyone can build, create, experience, transaction, social, and grow.

The Web4.0 era is a true metocular era, we may pass the brain interface and the AI ??and system interconnection, enter the uneven virtual real society, most of the production and service work includes creation, all completed by Ai, curiosity Imagination creates everything.

Ifgames studio Qian Qingquan:When we used the PC to conduct network behaviors and activities, we can’t deceive your own brain. Now there is virtual reality, as well as VR / MR / AR and other technologies, it is possible to directly communicate directly with the brain aspect. In the world of VR, such as some traditional hosts, computers, and in the movie hospital watch, we need to tell yourself for a long time, in order to feel the same, understand it. Directors and producers will also make the role in the film and the game as the link between the audience, and can drive the story in this kind of congrssion. In the post-virtual reality, we are likely to encounter, no longer able to spend the role of movies and games, but may have too much a lot, you need to keep remind yourself that this is not a real world. . But I think this is still an ideal state, which is also the ultimate form of all art creators.

We are now in the early stage, I think at least three basic conditions can be made.

First, it is necessary to pass or borrow some kind of technology to exchange exchange with the real world, such a world can be called a realistic thing. We have reached a part in the mobile Internet era. For example, when you visit Taobao, it is no longer like 20 years ago, it is a virtual thing. When you look at a product or buy something, there will be a feeling of shopping malls, and it also produces an exchange channel with reality.

Second, go to centering, not an environment that is centralized by local users. For example, some games we often play, even if its virtual world is already very delicate, but when you turn off your computer, this world does not exist. Because it is a thing that only has your computer; but the WeChat’s friend circle will have this feeling, it will continue to run after you turn it, it is not centered on you.

The third point is that the virtual display technology is played, allowing it to exceed the interaction of the class computer information.

Beijing New Fund Song Gang: What kind of world is in your heart? What are the significant features?

Yino Angel Fund Wang Wei:This concept of Yuanhe is mainly an investor and entrepreneur, industry practitioners, and a concept that can reach consensus in order to improve communication efficiency. For example, sharing the economy is the concept created. Because now in investment, every definition is very complicated, each industry is very huge, there are very many modules, so you will take a consensus concept in order to improve communication efficiency.

What is the future of Yuan Coso? It is still not possible to predict what the Yuan Universe will eventually be, we can imagine and predict it is just the things in the film and television work or the science fiction, more things are hard to imagine.

From the perspective of investors, you must first pay attention to its dimensions such as its entire data, technical maturity curves. I think there is a very large number of underlying technologies in the Yuancos, but it is generally in the early days of the technical maturity curve, which means that the probability of failure to do applications is very large. For example, if you want to be a consumer electronics, its basic technology has not yet been developed, and the supply chain factory has no equipment to produce, you have to do this product to sell, the result must be bad. So the most important thing in the stage is the construction of those with very high definitely underground infrastructure. For example, the 5G network being doing now, and the underlying equipment of VR / AR, there is still a lot of innovation opportunities in these respects. This is also the focus of our current investment.

Same science and technology Liu Hua Yang:The Yuan Universe speaks from the narrow sense is a book in a spiritual immersion scenario or a full experience, a movie, a game, or even a virtual role, can be a metacular universe, can expand a lot of things. But the generalized metacles, in fact, all we are able to feel in the physical world and the virtual world, including species, AI, NPC, etc. in it, the definition of all things together and the economy circulated above it , The information of the information and the value of the precipitation, that is, a technique of adding information, or even a new state of civilization.

In addition, you have not discussed the two levels, logic layers and value layers.

The core of the logic layer is actually centralized and decentralized whether can coexist within a long time? For example, we have launched the universe with a basic setting: the first is to go to the centralized economic and organizational governance; the second is multi-center core technical product service team, because you are hard to use to go to the centering way Output of the hard core; the third is a fully open interface protocol, we hope to break the big factory experience island, such as the experience field I set up in the Forbidden City, let the virtual character and NPC interact with live people, causing new plots .

The value layer involves whether the person can enter the virtual world, we can make the entire ideology completely internetize. I think the problem that may be solved in the future is not to go to the center of the people, but when we want to go to the center, it will be killed by Ai, because it has far more than our ability. Will it go to the world? Another point is that the basis of the economy is a scarcity. It requires costs in physical world production, such as making a mobile phone. Its chip has cost, and the cost marginal decline is very slow. But in the virtual world, this logic is completely different. When we design a good thing, its copy cost is equal to 0, in the virtual world, the scarcity of the physical world is not established, this is what I think is needed It is necessary to take into account a certain stage and size.

Ifgames studio Qian Qingquan:I have been discussing a question in the first two days. Is this world essence spread or passed? For example, I gave me my apple, I didn’t have this apple. This is a pass; whether spreading this scarce? For example, in the game, if the equipment is not a scarce, we share the top equipment to everyone, although this game itself is very fun, but it has no value, its structure is infinitely flat, what is it ultimately?

For the future prediction of Yuancai, in the perspective of creation, the tool I think that creation has continuously iterated, allowing the creator to re-create the authority. For example, 10 years ago, a few small teams, even if your technology is fine, it is very unrealistic. But now it is true that it is very pleasant. In the future, I think the creative will be more decentralized, and a person can make very good content. However, this will also cause the content of the product to become more and more fast, and the content will become more shallow.

Beijing New Fund Song Gang: In the event of Yuancos, the future number one player or head company is most likely in which scene is born?

Same science and technology Liu Hua Yang:Ideally, I think it may not be a company, it should be a decentralized organization. I am more important to "what is going to spend?", In the physical world, our most important problem is to solve production, and now the production capacity of the virtual world is much lower than our needs, but it may suddenly have a long demand for a certain day. After this mutation, more consumption’s main body is cultural, how to better consume higher level of cultural information, I think it can last long, it is definitely not a flower.

Ifgames studio Qian Qingquan:I think the engine development, the Internet of Things, artificial intelligence also has the possibility of giants in these aspects of network communication technologies. There will also be a lot of excellent creative companies in interaction technology, which will also produce a lot of giants. However, I am more worried that China is at the technical level. At present, there is no ability to compete with other countries in the engine. We are also behind the artificial intelligence. .

Beijing New Fund Song Gang: What are the investment opportunities in the development of Yuancai? Is it a state in which a winner is eaten or a hundred flowers? What directions we are more concerned or opportunities?

Same science and technology Liu Hua Yang:I hope it is a state of flowering, because it is even more interesting, but I think it is necessary to consider a problem. We haven’t realized that AI may bring potential energy or even threats that Ai may bring in this regard. The so-called real winner is a super node, it is possible not to make human beings, but it is made of artificial AI. This may be a thing we need to be cautious, although it may be very far away.

With regard to investment, I think the underlying hardware infrastructure, terminal layer, and component subdivision in the terminal are opportunities. But it is difficult to say a small company that is Ar / VR glasses. It can be acquired or it can grow into a giant. I think this opportunity is very embarrassing. Some new coding methods, cloud computing, and digital engine infrastructure, rendering ends, and applications in various industries, as well as components in various industries, and components in various industries.

Ifgames studio Qian Qingquan:As an entrepreneur, if I do investment, I may pay more attention to the early situation. How long does this person don’t have to do this, and I will pay attention to it in a certain field. Is he really have a very deep understanding? opinion. Whether it is in a certain industry, because we have changed in the market, it is no longer chasing people, which has been compete with the country in the world’s first position, and we have to do innovation. I think that investment VR content and artificial intelligence is a particularly good point in time. I know the comrades who survived in the last cycle. They all have got a relatively high valuation, and they have got financing.