Ten years of companionship, valuation increased 1,000 times, Zhang Jiahao became a solid advocate behind Ubitus

01 "Capital Marshal": Shenzhen is a blessed place for investment

This hot summer, the "capital marshal" Zhang Jiahao came to Shenzhen, like a strong wind, bringing a lot of refreshing and uplifting.

Investor Zhang Jiahao led a team to visit Shenzhen

Zhang Jiahao, a top investor who has taken the lead in laying out the AI industry in China, along with Lee Kai-Fu, founder of Innovation Works, Shen Nanpeng, global managing partner of Sequoia Capital, Zhang Lei, founding partner of Gao Tiles Capital, and Lu Qi, founder of Qijie Chuangtan, is an internationally renowned entrepreneur, philanthropist, and social activist, with an honorary doctorate from the University of Cambridge. Chinese government capital investment" concept, by 90 Chinese cities hired as a senior economic adviser; his book "learn a little bit of finance every day" is the best-selling financial books in recent years ......

It is in the capital market of many large-scale operation and "accurate sniping", Zhang Jiahao in the financial investment circle is well-known at home and abroad, known as "capital marshal".

Adhering to the investment philosophy of "let investment have emotion, let capital have temperature" and the principle of "do less, do the right thing, do big things", we have successfully invested in many listed companies over the years, such as Jumei Youpin, Yuming Biologicals, Zaiding Pharmaceuticals, Jingdong Finance, Keshun, Century Jialian, Palm Education, Nethub, Fun Store and Zero2IPO Venture Capital.

Zhang Jiahao defines himself as "a technology fanatic who is obsessed with the underlying technology". In the chaotic information age, he never gets lost in fancy "concepts", but always focuses on the key technologies that can really change the way of life and the mode of thinking of the times, and has a pair of eyes of Boleh's wisdom to discover the "key figures" with innovation and influence.

All this comes from his unique investment theory: start from a global perspective, open up the investment pattern, discover investment opportunities, and make comprehensive examination and precise selection with "five-dimensional thinking" - human nature thinking, political thinking, social thinking, industrial thinking and financial thinking. --We conduct a comprehensive review and make precise choices. Based on the five-dimensional thinking, further refinement of the proposed business investment in the "Three Laws" - policy, trend, people, and become the capital of the industry's investment creed, and therefore the birth of BYD, BOE, Ningde Times, Apple, Tesla, Amazon, Intel, Moutai and many other stars. NVIDIA, Maotai and many other star investment cases.

Beyond the theory, the field of business investment can be said to be treacherous, Zhang Jiahao has a keen, forward-looking business perception, good use of capital leverage to pry huge industrial resources, whether it is the PC Internet, mobile Internet, or today's artificial intelligence and virtual reality, each of the times of the wind, he has examined the forward-looking eyes, with the power of capital has contributed to the creation of a huge wealth effect at the same time, and to promote the development of the relevant industries play a key role.

Zhang Jiahao regards Shenzhen as his "lucky place". Over the past 40 years of reform and opening up, the development of Shenzhen's science and technology industry has always been at the forefront of China, and it is also the "miracle scene" that domestic and foreign investors pay the most attention to. It can be said that the wind direction of the development of science and technology in Shenzhen directly reflects the height and level of the development of China's new science and technology economy.

In his early years, Mr Cheung invested extensively in the electronic communications industry, and in recent years he has also made new technologies a key investment area. This coincides with the development vein of Shenzhen. Recently, Zhang Jiahao has put most of his efforts on the research of digital economy. In particular, he focuses on the integration of industry and investment in human-computer interaction and the iteration of intelligent interaction.

Starting from this year, a strong signal is that digital body technology has become the standard for the smart era, and digital people are gradually becoming the virtual identities of a new generation of Internet residents. Powerful performance computer technology encourages all people to create various versions of themselves. Artificial intelligence and virtual reality technology, as a typical field of new-generation information technology convergence and innovation, with key technologies maturing day by day and broad application prospects in mass consumption and vertical industries, are gradually forming an emerging industry with great development prospects, and are the next-generation computing platforms.

In the national "14th Five-Year Plan", artificial intelligence, virtual reality, cloud computing, big data, the Internet of Things, the industrial Internet, blockchain accounted for a significant portion of the key industries of the digital economy.

Zhang Jiahao is soberly aware that in Shenzhen, a city full of opportunities and vitality, AI eco-applications hold great promise.

Zhang Jiahao's vision and layout of humanoid robotics company Ubitus is unique. Ten years ago, when Ubitus was still a start-up robotics company not widely recognised, Zhang Jiahao saw its potential. At that time, many people did not understand the significance of Ubitus founder Zhou Jian's development of humanoid robots and were reluctant to invest in it. However, when Ubitus was valued at only tens of millions of dollars, Zhang Jiahao decisively invested in the then unknown robotics startup as an angel investor.

In this regard, Zhou Jian, founder of Ubitus, has emotionally stated, "People tend to demand too much for the rapid landing and return of technology in 1-2 years, but expect too little for the results of 10 years of continuous progress. I am fortunate that when China's humanoid robotics field was blank, investor Zhang Jiahao, who has an international vision, reached out and gave me warm capital, making me a beneficiary of value investment."

Together with the founders, Zhang Jiahao has written a touching entrepreneurial journey, making investment not just a cold number, but a journey full of emotion and warmth.

Zhang Jiahao presented a book to Zhou Jian, the founder of Ubiquiti.

In this decade, Zhang Jiahao has been paying attention to the technology iteration and product breakthrough of Ubitus, especially the development direction from function, intelligence, ecology to emotion, witnessing the strong momentum of Ubitus' continuous self-renewal and breakthrough along the way. The highest technical threshold in artificial intelligence is humanoid robots, and Ubitus has always risen to the challenge and has made gratifying achievements in this field.

02 Shenzhen's wind, rich in AI's oxygen

At the end of November 2022, U.S. startup OpenAI launched ChatGPT, unlike voice assistants like Siri, ChatGPT is a new species with unprecedented linguistic capabilities, and its emergence created shock waves in the industry. In two months, ChatGPT's monthly active users exceeded 100 million, becoming the fastest-growing consumer app in history, and the company's valuation was as high as $29 billion - it not only opened a new door for the development of artificial intelligence, but also strongly attracted the attention of capital and technology, becoming the hottest new wind mouth.

Globally, thousands of ordinary users are keen to test its wonders and feel the shock brought by this super tool that overturns their imagination. But for technology practitioners, what they see is a new round of technological revolution triggered by the advent of super tools - the Internet has triggered a "spatial revolution", using virtual aggregation across the real space, shortening the distance between people and people, people and things; Smartphones have triggered a "time revolution", where people's work, life and entertainment are online all the time, and people's way of life has been completely changed; ChatGPT will trigger a "thinking revolution", which will change the way human beings think and deal with problems. Knowledge productivity will be exponentially amplified by AI.

Behind the revolution is the eruption of technology and the integration and layout of capital. When the AI wave set off by ChatGPT swept the world, Chinese technology practitioners and investors, the first time to react to this hurricane of thinking: the "Shenzhen Municipality Accelerates the Promotion of High-Quality Development of Artificial Intelligence and High-Level Application of Action Programmes (2023-2024)" (referred to as the "Action Programmes") was released, and Shenzhen will play the role of government investment guidance funds, co-ordinate and integrate fund resources, and form a 100 billion yuan artificial intelligence fund cluster. The AI wave set off by ChatGPT is sweeping the world.

Almost at the same time, Shanghai and Beijing have introduced policies related to artificial intelligence, Shanghai proposed to increase private investment to support artificial intelligence; Beijing plans to reach 300 billion yuan by 2025, the scale of the core industry of artificial intelligence, and behind the new initiatives around the world, have appeared in the shadow of the guiding fund.

Although the current chatGPT investment is still in the theme of investment stage, but Zhang Jiahao and his team, has done a full research and complete layout: it is reported, Haitian Ruixing, the first spirit of information, three six zero, because of the Sai group, dream network technology, Donggang shares, cloud from the science and technology, science and technology, the Chinese online, Topsy, aurora, have a way, know that, and so on, are in the Zhang Jiahao's investment matrix. Zhang Jiahao has set up a US$1 billion industrial investment fund in the field of ChatGPT, and will continue to pay attention to the landing and commercialisation progress of large domestic Internet companies in large model products.

The wind and tide of Shenzhen is rich in the oxygen of AI, and Zhang Jiahao is not only a teenager who chases the wind, but also a person who leads the wind.

03 ChatGPT incorporates AI bots, the hottest AI windfalls

According to Zhang Jiahao, the thinking revolution brought by ChatGPT will never stay at the level of thinking. The revolutionary effect it brings extends to the level of production mode, means of production and production tools, which will fundamentally and systematically change the life mode of human beings.

Among them, humanoid robots, especially ChatThe AI robots incorporated by GPT would be an important tool in carrying out that historic mission. He is concerned that Tesla released new developments of the humanoid robot Optimus Prime at the AGM. In the demonstration, the humanoid robot can already do a series of movements smoothly, including walking, using vision to learn the surrounding environment, arm force control, and can hold different objects. Musk believes that AI robots will be in homes in ten years. If ChatGPT is integrated into AI robots, it may be able to achieve the ultimate goal of civilian all-purpose tools + emotional companionship. Considering the market scale level, Musk gave the next ten years Tesla humanoid machine planning 5 million units of production capacity.

The entire humanoid robot industry has a certain degree of heat and capacity in terms of market hotspots and technological concepts. At the technical level, there are five major technical difficulties for humanoid robots, which are computing system hardware and software, drive system (mechanical and power system), perception system (visual, tactile, and sound sensors), energy system, and execution system (physical interaction).

Tesla has applied some of the technology of existing cars to the humanoid robot Optimus Prime, such as battery packs, cooling systems, Tesla's fully automated driving system FSD, visual perception, neural computing networks, etc. It also uses technology similar to that used in car testing for Optimus Prime's movements and external collision simulations. These in the computing system, energy system, perception system, etc. Tesla has part of the technology stored. In terms of external hardware interaction technology, the humanoid robot has three large parts, respectively, rotary joints, linear joints, hands, Tesla also has some technology storage gaps. In fact, Tesla's existing humanoid robot Optimus can now complete the action is very limited, affected by mechanical technology, can not complete normal walking and interaction. In the world, Boston Dynamics (Boston Dynamics, a subsidiary of South Korea's Hyundai) has more complete humanoid robot technology reserves. But Boston Dynamics even if the technology is more complete, but still did not find a good commercial application scenarios.

So Zhang Jiahao looked back to China, to Shenzhen, and he saw an old friend, Ubiquity, that he had favoured ten years ago.

04 Attractive Potential, Firmly Bullish on Humanoid Robots

Shenzhen Ubiquitous Technology Co., Ltd, is a global leading high-tech enterprise integrating R&D, manufacturing and sales of artificial intelligence and service robots, focusing on the applied R&D, forward-looking R&D and commercialisation of core technologies of artificial intelligence and service robots, providing industry solutions such as intelligent logistics, AI education, intelligent recreation, intelligent industry, large-scale humanoid robots and other products such as C-terminal family service robots.

Ubitus takes intelligent service robots as the carrier, empowers various industries with "AI+", provides one-stop service for customers, and is committed to creating an intelligent service ecosystem of "hardware + software + service + content". The company is currently the world's only innovative enterprise that owns the core technology of large service robots and large humanoid robots and is capable of commercialisation. 2020, together with Huawei, DJI, Tencent and other four Shenzhen enterprises, the company has been awarded as the world's fifty smartest technology companies by the authoritative MIT Massachusetts Institute of Technology (MIT) Science and Technology Review Magazine, and has become the representative of Shenzhen's 40 innovative enterprises for the 40th anniversary of the company's establishment.

Ubiquitous Robotics products have appeared on CCTV's Spring Festival Gala for four times in five consecutive years, gaining the love of the domestic audience, and as a model of Chinese high-tech, Walker, a large humanoid robot, officially appeared at the China Pavilion of Dubai World Expo in 2022 to introduce and display Chinese scientific and technological achievements on behalf of China. Not long ago Guangdong launched the core technology research carrier support plan to support research institutions and enterprises to build more than 5 joint laboratories of artificial intelligence, Shenzhen Ubiquitous Technology Co., Ltd. led the formation of Guangdong Province, the humanoid robot manufacturing innovation centre attracted wide attention. Ubiquitous has been pursued by Tencent, KDDI, Qiming Venture Capital, CDH Investment, CITIC Capital and other capitals.

Ubiquitous main and main R & D direction is a bipedal life-size humanoid robot, this time to catch up with Musk to promote the humanoid robot wind, especially superimposed on the current artificial intelligence wind and Musk a variety of promotional, related concepts with greater imagination. As one of the more authentic big players in this field in China, Ubiquitous has obvious innate advantages; the company's development for ten years, although it has been a loss, but the main original lies in the R & D and operational investment is higher, has achieved the output of the technology, research and development of humanoid robots have a certain amount of technical reserves. According to the operating income in 2021, Ubiquitous has become China's number one provider of educational intelligent robot products and solutions, educational robotics advantages in line with the national policy direction for the field of education, "robotics +", and has formed a certain scale of income. This is the corporate advantage of Ubitus;

In terms of market prospects, Zhang Jiahao strongly agrees with Ubiquiti's choice of track. They are both fully aware that in the new technological era, the thinking revolution brought about by ChatGPT and thus the AI revolution radiating from it is, in essence, a new stage of human evolution. One of the differences between humans and primates lies in the knowledge and use of tools. Today, with the unprecedented development of information and technology, the relationship between tools and human beings is also undergoing earth-shaking changes - tools are, in a sense, not only an extension of human capabilities, but have become a part of human beings.ChatGPT brings about a change in the mode of thinking, and humanoid robots as a representative of the "Robot+" is committed to realising the perfect integration of thinking and hardware functions, thus creating a new mode and ecology of human life - human ability can be maximised and extended; human intelligence can be experimented and applied to the maximum extent; human emotions can be satisfied and even preserved in the richest form. All these not only mean that the choice of Zhang Jiahao and Ubitus is a deep concern for the future common destiny of mankind, and a vivid embodiment of "let investment have emotion and capital have temperature", but also mean that "Robotics+" is a new mode and ecology of human life. "Robot +" will have a broad market, means that the direction of Ubiquitous deep ploughing, is a promising and hopeful sea and sky!

At the macro level, in 2022, the Ministry of Industry and Information Technology and other seventeen departments jointly issued the following: focusing on 10 key areas, promoting more than 200 effective robotics typical application scenarios, constructing a number of robotics application centres (comprehensive practice centres, bases, etc.), combining with the characteristics of the local industry, creating a number of "robotics +" application benchmark enterprises, comprehensively advancing the process of robotics application, and hatching more marketable development of robots.

If the humanoid robot industry sector can realise its due value in the market, Ubiquity is bound to be one of the leading companies; as long as it is supported by international strategic investors and the application scenarios find a real immediate market, its development prospects will be bright.

Therefore, Zhang Jiahao believes that this technology-based company valued at tens of millions of dollars back then, as early as before 2019, was invested by KDDI and Tencent valued at more than 30 billion, and now it is close to 50 billion, which is expected to become the first share of the impact of humanoid robots!

Zhang Jiahao Leads Team to Visit Ubitus Humanoid Robotics Exhibition Centre

After ten years, Ubiquitous, once again by the "capital marshal" Zhang Jiahao depth of optimism, become his investment "must choose"!