On September 25, 2021, the "Digital New Forces" 9th Innovation and Entrepreneurship Leaders Summit, 2021 Annual Digital Economy New Forces Ceremony, co-hosted by Xihou Network, Jutongda, and Huashang Brand Network, was held at the Beijing Broadcasting Building. More than 600 entrepreneurs engaged in on-site interactive exchanges, and over 60,000 people participated in the event through photo livestreams, video broadcasts, and other means.
The event was held against the backdrop of widespread discussions on the digital economy, which has become a focal area for entrepreneurship and investment in the new stage. "In the current overall business environment, the digital economy is showing strong momentum, driving the rise of new digital power enterprises, and new digital business forms and models are constantly emerging," Li Zhilei, founder of Xihou Network, said at the conference. The *2021 Report on the Development of China's Digital Economy* released in September this year pointed out that the digital economy has currently created a new competitive mechanism with networks, data, algorithms, and platforms as the core. Its "catfish effect" on the traditional economy continues to expand, bringing more governance challenges while stimulating new entities, models, and business forms.
As the core driver of digital economy development and the fundamental competitiveness, the digital industry is becoming a common choice for localities to plan their "14th Five-Year Plan" industrial development. Support policies for digital industries such as integrated circuits, basic software, and artificial intelligence are gradually being improved, with continuous increases in capital investment. The development of the digital economy, represented by new technologies such as cloud computing, big data, the Internet of Things, blockchain, and artificial intelligence, is also advancing rapidly and constantly innovating, allowing people to personally experience the conveniences brought by technology. At the end of the event, the annual digital economy new power brands and other series of awards for the 9th Innovation and Entrepreneurship Leaders Summit were announced. With its innovation and influence in the industry, the AX ceramic atomizing core was awarded the "Most Innovative Project of 2021" award.
The AX ceramic atomizing core is a series of products launched by Shenzhen Huachengda Precision Industry Co., Ltd. (hereinafter referred to as "HCD"), representing a major innovation and breakthrough in atomizing core technology. Compared with previous ceramic atomizing cores, the AX ceramic atomizing core adopts a six-element harmless ceramic formula including high-purity silica, offering high safety, a larger heating area, faster startup speed, and higher e-liquid analysis and reduction accuracy. With a higher ceramic porosity, its honeycomb-interwoven micro-pores lock in e-liquid, better solving the problem of leakage while bringing users better taste consistency.
The products developed and manufactured by HCD are mainly divided into: ceramic cores, cotton cores, metal heating mesh sheets, heat-not-burn heating sheets, heat-not-burn heating rods, heat-not-burn heating tubes, plastic tubes, fiberglass tubes, etc. The company has successfully developed and applied thousands of product styles in the industry.
Up to now, HCD's products and services have reached customers in more than 100 countries and regions worldwide. The company directly or indirectly supplies atomization core components to the four major international tobacco companies, the top ten domestic industry brands, and over 500 small and medium-sized e-cigarette clients. The cumulative number of exported atomizing cores has exceeded 10 billion pieces.
It is understood that the China Innovation and Entrepreneurship Leaders Summit is one of the most prestigious venture capital summits in China, having been held nine times since 2016. The selection process for the New Forces Ceremony is open, transparent, and rigorous, with the judging panel composed of senior media professionals and professional investors. This year's Innovation and Entrepreneurship Leaders Summit attracted more than 2,000 projects to participate in the selection, with fierce competition.
The purpose of this event is to enhance venture capital professionals' understanding and judgment of the digital economy through interactions and sharing among entrepreneurs and senior corporate managers. It aims to encourage bold reform and innovation in future work, clarify development strategies under the new digital landscape, and actively explore and participate in the roles to play and business frameworks to establish in the intelligent digital era. As Minister of Industry and Information Technology Xiao Yaqing stated at a press conference on September 13, China is accelerating the pace of digital industrialization and industrial digitization, with the digital economy providing a strong impetus for the sustained and healthy development of the economy and society. At this moment, we are closer than ever before, and more confident and capable of achieving entrepreneurial dreams in a new development era. This is an era of great potential, and we are all on the journey.