8 firms find investors at Big Data Expo Investor Conference

The 2021 China International Big Data Industry Expo Investor Conference was held on May 27 at Guiyang International Ecological Conference Centre in Guiyang, Southwest China's Guizhou province. Eight local big data enterprises signed agreement contracts with investment institutions during the event. The total investments were worth nearly 800 million yuan ($120 million).

The conference was hosted by the Big Data Expo organizing committee, the Guiyang bureau of investment promotion, the Guiyang bureau of big data development and management, and the Guiyang development and reform commission, with the aim of boosting face-to-face dialogue between local projects and top investors.

Experts and scholars specializing in financing and investment gathered for the roundtable meeting, discussing the new trends, new opportunities, and new challenges of the digital economy, as well as analyzing investment hot spots.

After careful selection, 10 projects were given chances to undertake roadshows in which project managers introduced their firms and give details about project benefits and financial demands. Investors then exchanged ideas with managers about their own interests and the prevention and control of potential financial risks in those projects.

Among the eight local companies, Guizhou Lecheng Tech Co, with its "judicial management innovation aided by technological financing" project, was preferred by four separate investment institutions.