How do enterprises in Jiangsu Province actively respond to the Yuanverse Three-Year Action Plan?

Jiangsu Province released a three-year action plan for the Yuanshi industry, aiming to exceed 100 billion yuan in industry scale by 2026. Following Shanghai, Zhejiang, Henan and other provinces and cities, Jiangsu Province has become the seventh province in China to issue special policies for the Yuanverse. In Jiangsu Province, listed companies such as Baotong Technology and Surveying and Mapping Co., Ltd. have made early arrangements in this field to promote the implementation of Yuanverse in practical applications.

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With the goal of 100 billion, Jiangsu Province increases its investment in the “Metaverse”

Recently, Jiangsu Province has further expanded its layout of the Metaverse industry. Five departments including the Provincial Department of Industry and Information Technology, the Provincial Department of Education, and the Provincial Department of Culture and Tourism jointly released the "Jiangsu Province Yuanshi Industry Development Action Plan (2024-2026)" (hereinafter referred to as: Action Plan)

According to the action plan, it is expected that by 2026, Jiangsu Yuanshi industry will continue to flourish, with the goal of exceeding 100 billion yuan in scale, with an average annual growth rate of more than 20%; at the same time, it plans to cultivate 5 ecologically-led enterprises to create 20 companies focusing on characteristic innovation in segmented fields and 100 integrated application companies

The action plan is clear. The "1 2 N" industrial layout will be initially formed by then. The goal is to strive to create a national-level Yuanverse innovative application pilot area and cultivate no less than 50 innovative attributes, wide application ranges, and business models. A new and highly valuable metaverse application demonstration project

The action plan also emphasizes the need to promote the integrated application of the industrial metaverse in categories; for leading manufacturing companies, promote "intelligent transformation to digital transformation" service providers and manufacturing companies to strengthen cooperation, focusing on smart workshops and smart factories, and promote various Real-time access to class-sensing data enables virtual and real collaboration, using virtual reality to promote reality, and creates a benchmark for workshop-level and factory-level industrial metaverse integrated applications.

Jiangsu is the seventh province in my country to release special policies on the Metaverse at the provincial level. Previously, Shanghai, Zhejiang, Henan, Shandong, Sichuan, and Chongqing all released provincial-level Metaverse action plans.

Jiangsu Province’s active participation can cooperate with industries in Shanghai, Zhejiang and other places to jointly build the Yuanshi industrial ecosystem in the Yangtze River Delta region. Enterprises in the province can give full play to their advantages in manufacturing, service industries and other fields, promote the integration of the Metaverse industry and traditional industries, and accelerate the implementation of Metaverse technology in practical applications.

Listed companies in the province promote the industrial layout of the Yuanverse

The main business of Wuxi Baotong Technology Co., Ltd. (stock abbreviation: Baotong Technology; stock code: 300031.SZ) is to provide customers with digital transportation systems and intelligent operation services. The company is committed to becoming a service provider of unmanned transportation solutions for industrial bulk materials and promoting the green, intelligent, integrated and globalization of industrial bulk material transportation

As early as 2017, Baotong Technology has entered the Yuanverse industry and dabbled in the field of AR/VR games. This business is mainly operated by its holding subsidiary Beijing Harsight Technology Co., Ltd. (hereinafter referred to as Harsight). Not only in the gaming field, Hachiqi has also completed multiple business scenario applications in the industrial field, such as the construction of digital scenarios for smart mines, smart ports, and smart factories, such as intelligent underground mine transportation, driverless mining trucks, and underground safety training.

In 2021, Baotong Technology established two subsidiaries in the Yuanverse field, namely Hainan Yuanshi Technology Co., Ltd. and Shanghai Hedi Technology Co., Ltd. In addition, Baotong Technology also invested in Hangzhou Yiyu Qianxiang Technology Co., Ltd. (hereinafter referred to as Yiyu Qianxiang) and Nanjing 8.8 Digital Technology Co., Ltd. (hereinafter referred to as 8.8)

Currently, Baotong Technology is responsible for content production such as digital mines/VR/AR games through Hashiqi, and Yiyu Qianxiang is responsible for naked-eye 3D presentation and remote interaction, strengthening cooperation with 8.8 in digital virtual humans. The company's current digital products of the Metaverse include BOTON SPACE 1, naked-eye 3D MR space digital human "Tong" and digital twin smart mine system.

Baotong Technology is targeting the cutting-edge areas of science and technology and actively deploying the Yuanverse industry. According to Baotong Technology, the company has signed a strategic agreement with Yinya Group. In the future, the two parties will work together to build the general health and environmental protection health industry, digital health and epidemic prevention industry, and industrial Yuanverse based on the industrial technology layout and industrial ecological partners of the Yuanverse. Develop markets together with specific cooperation ecosystems such as the industry-education integration industry, the Metaverse and the intangible cultural heritage (digital assets) industry, the Metaverse and the urban transportation system

Nanjing Institute of Surveying, Mapping and Surveying Co., Ltd. (securities abbreviation: Surveying and Mapping Co., Ltd.; stock code: 300826.SZ) is mainly engaged in surveying and mapping geographical information service business in the geographical information industry. The company uses modern professional surveying methods of spatio-temporal information, Advanced data processing technology and information technology provide professional technical services including geographic information data collection, processing, and integration services for construction projects, urban refinement and intelligent management, and spatial location information industry applications.

Starting from 2022, Surveying and Mapping Co., Ltd. has begun research and development on the construction of a three-dimensional digital base platform. The company stated that the purpose of this research and development is to build a three-dimensional and digital twin-oriented aggregation platform, display platform, application platform and service platform for comprehensive data resources on the basis of fully gathering and mining the company's industry data collection and information services. , provide data support and basic application support for informatization expansion for professional sectors, and improve the company's overall informatization level and comprehensive capabilities

It is reported that as the digital base of the information solution of Surveying and Mapping Co., Ltd., in principle, all the company’s information solutions can be extended upward based on the technology of the digital base. The company revealed that this basic work is the basis for moving towards digital twins. Whether it is data accumulation or technology accumulation, it can prepare for the entry of digital twins and the metaverse.

Suzhou Keda Technology Co., Ltd. (securities abbreviation: Suzhou Keda; stock code: 603660.SH) is a company that provides video and security products and solutions. By applying technologies such as GIS, spatiotemporal big data and AR, the company has realized the mapping of real cities in virtual space and created a three-dimensional digital chassis for spatial governance applications at different levels such as cities, communities, stations and buildings. This is not only a three-dimensional digital modeling of the real world, but also can integrate real-time video to provide digital management tools for cities or traffic management departments

Jiangsu Runhe Software Co., Ltd. (securities abbreviation: Runhe Software; stock code: 300339.SZ) mainly focuses on the fields of financial technology, intelligent Internet of Things and smart energy. It is reported that the company's engineering research and development has targeted digital inclusive financial services in villages and towns, enterprise-level big data platforms, integration of industrial Internet and Yuanverse digital technology, Xinchuang financial terminal operating system, etc., and is advancing in an orderly manner.

Suzhou Anjie Technology Co., Ltd. (stock abbreviation: Anjie Technology; stock code: 002635.SZ) is a company mainly engaged in precision functional devices, precision structural parts, modules and other products. These products are mainly used in For smart terminals such as smartphones, tablets, and VR/AR. The company stated that the VR/AR industry has made many breakthroughs in terminals, software, applications, etc., and will cooperate with customers in the future to develop related accessories for smart wearable products such as VR/AR

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