On November 18, the final of the “Hong Kong University of Science and Technology-Jerry Group” 2022[artificial intelligence]Million Prize International Entrepreneurship Competition came to a successful conclusion. In the end, True Health won the championship, and Yujun Technology and Chuanzhou Technology tied for the runner-up. The three teams were shortlisted for the 2022 finals and competed for the million-dollar championship.

The 2022 competition will continue to focus on areas related to artificial intelligence, hosted by the Hong Kong University of Science and Technology and the Hong Kong University of Science and Technology (Guangzhou), organized by the Mainland Office of the Hong Kong University of Science and Technology Business School, named by the Jerry Group, an EMBA alumni enterprise of the Hong Kong University of Science and Technology, and designed by Orange Cloud internet Limited support.

As the supporting organization of this competition, Orange Cloud has given full play to the national “double-span”industryWith the advantages of the Internet platform, build a cloud-based through-train for the entrepreneurial competition, rely on the orange cloud platform to gather global high-quality entrepreneurial projects across industries and fields, discover innovative companies with excellent ideas, and support science and innovation shows with all sectors of society.

This year’s Entrepreneurship Competition brings together more than 200 “hard technology” entrepreneurial projects from the fields of smart medical care, chips, intelligent transportation, and advanced manufacturing. After multiple selections by the “Expert Jury”, “Academic Jury” and “Million Prize Investment Committee”, the final 10 contestants and their outstanding projects entered the final scene.

HKUST Business School Mainland Office

At the final scene, the “Millions of Bonus Investment Committee” decided on the spot the number of bonuses and rankings of the top ten by “throwing gold coins”. Each of the 10 judges holds 20 gold coins, and each gold coin corresponds to a bonus of ¥5,000. A total of ¥1 million in bonuses will be shared among the top 10 contestants. In the end, True Health won a bonus of ¥165,000 and became the champion. Yujun Technology and Chuanzhou Technology won a bonus of ¥125,000 and tied for runner-up.

The Industrial Internet platform created by Orange Cloud is derived from the Jereh Group’s more than 20 years of oil and gas equipment development and growth and its own transformation and upgrading. It integrates technologies such as big data, cloud computing, artificial intelligence, blockchain and edge computing to create an enterprise-oriented platform. Relying on the three new business forms of “collaborative innovation”, “R&D on the cloud” and “R&D commercialization”, the orange cloud platform has formed resources integration, R&D on the cloud, intelligent manufacturing and equipment IoT, etc. Four major service systems fully empower petrochemical, chemical,mechanicalautomobiles and other 22 industries.

Professor Xu Yan, Associate Dean of the Hong Kong University of Science and Technology Business School, believes that the application of Internet decentralization results in a stronger need for self-expression and self-determination among the new generation groups. They are optimistic about the impact of technology and innovation, so they are closer Connecting and motivating the new generation will also be more conducive to promoting change and development.

As an Industrial Internet platform bred from traditional manufacturing, the Orange Cloud Collaborative R&D Platform looks at issues from the perspective of the industrial chain and value chain, takes “collaborative R&D and design” as the core, and gathers talent resources such as production, education, research, and application across regions and fields. Open up the manufacturing industry chain in the form of product organization, reconstruct the collaboration chain and process, realize the reconstruction and linking of talent capabilities and project requirements in the platform ecology, and enable enterprises to shift from “talents for me” to “talents for my use” , improve the efficiency of R&D and design, stimulate the vitality of innovation, and achieve the unity of personal value and social value.