比特大陆投资的区块链项目有哪些,比特大陆投资的区块链项目是什么

比特大陆作为全球领先的区块链基础设施提供商，投资的区块链项目涉及多个领域，如金融、健康、游戏、区块链技术等。其中，最为突出的是投资的区块链金融项目，包括以太坊、比特币、比特大陆、OMG等等。

比特大陆投资的区块链金融项目，其中最著名的就是以太坊，它是一个开源的区块链平台，它可以构建和部署去中心化的应用程序，以太坊的智能合约技术可以构建可信赖的分布式应用。

此外，比特大陆还投资了比特币，它是一种去中心化的数字货币，它使用基于密码学的共识机制来确保交易的安全性，比特币是目前市值最大的数字货币，也是最具代表性的区块链应用。

此外，比特大陆还投资了OMG网络，它是一个去中心化的支付网络，它旨在为所有用户提供安全、可靠、便捷的支付服务，OMG网络可以为金融服务提供更低的成本和更高的效率。

此外，比特大陆还投资了一些区块链技术项目，如区块链存储、区块链认证、区块链矿机等。这些技术都可以帮助比特大陆提高区块链技术的性能，并为用户提供更安全、可靠的服务。

总而言之，比特大陆投资的区块链项目涉及多个领域，如金融、健康、游戏、区块链技术等，其中最为突出的是投资的区块链金融项目，包括以太坊、比特币、比特大陆、OMG等等，以及一些区块链技术项目，如区块链存储、区块链认证、区块链矿机等，这些技术都可以帮助比特大陆提高区块链技术的性能，并为用户提供更安全、可靠的服务。

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⑴ Inventory of the top ten most profitable blockchain APPs Mining to make money is so easy!

As network technology becomes increasingly mature, the word blockchain is mentioned by more and more people. In 2018, blockchain became the first choice project of many investors, and the number of mobile blockchain software is also gradually increasing. From dozens in 2013 to hundreds or even thousands of blockchain companies in 2019, we can see how hot the blockchain market is. In the minds of many friends, blockchain is something that allows one to make money. Yes, blockchain does allow many people to make money, but now there are also many unscrupulous fake companies in the blockchain market. In the name of blockchain, it is actually a deceptive business. So friends, when playing with blockchain, you should also keep your eyes open and choose a formal and trustworthy platform!

Today I have collected and sorted out 10 recently popular blockchains for you. Chain software, these platforms are all real and reliable, and each platform has a large number of users. If you are also a friend who likes blockchain, then don’t miss the content I bring!

After understanding the blockchain, let’s start the text. The content brings you an inventory of the ten most profitable blockchain software↓↓↓↓↓

⑵ The most popular blockchain projects at present

The history of digital currency from 2009 It has been more than ten years since the birth of Bitcoin in 2016. Tens of thousands of blockchain projects have appeared around the world. After experiencing the blockchain 1.0 and 2.0 eras, blockchain is about to enter the 3.0 era, which is the era of token economy. , the emergence of commercial platforms has made the 'token economy' possible and brought about changes in productivity development and production relations.

Based on this background, NGK tokens emerged as the times require, and the platform has many technologies Leading R&D elites, fully supported by many powerful investment companies, are regulated by the SEC Securities and Exchange Commission in the United States.

The NGK.I0 team has been concentrating on research and launch of the NGK blockchain digital currency fund and industrial ecology since 2018. The combined profit method will comprehensively create a more complete business ecosystem and will surely lead the blockchain market again

NGK Pass is a barrier-free pass on the NGK.IO platform, thus connecting online and offline Merchants from all walks of life can realize commercial applications, which not only helps the transformation and upgrading of traditional industries, but also leverages the Internet economy and promotes the development of the real economy

NGK.IO has built-in Turing-complete programming Language, users can use it to construct and define his own various characteristics, develop his own applications and Hongmeng blockchain system, and issue his own currency.

NGK.IO also has a Key-customized side chains, NGK.IO provides proprietary cross-chain and cross-contract technology to link the main chain and side chains in oneRock bridge rises. Whether it is contract assets on NGK.IO or assets not on NGK.IO, value transfer and exchange can be completed freely through NGK.IO's cross-chain and cross-smart contract technology.

And NGK.IO does not need to consume GAS at every step like Ethereum when running smart contracts. This makes it possible for users to use Dapps for free, which is more in line with the use of free Internet products and reliance on value-added services and advertising. Profitable business model

So we can think that Dapps developed based on NGK.IO are real Dapps.

The design goal of NGK.I0 is to exceed 1 million TPS, and it is proposed that the block confirmation time of NGK.IO will reach 3 seconds. Therefore, NGK.IO will have very excellent performance and is expected to change the current situation. The situation where blockchain technology cannot be implemented

From this we can foresee that in the future, many blockchain entrepreneurial projects will choose to issue tokens based on NGK.IO, develop a large number of Dapps that can be implemented, and attract hundreds of millions of users. Come and use

NGK.IO is expected to form a rich and complete business ecosystem, and at the same time generate a large demand for trading tokens.

NGK.IO makes full use of the blockchain and the NGK.IO ecosystem to establish a secure, verifiable, fair, decentralized, trustless, and borderless business and financial block. The chain system provides innovative enterprise teams with financial services and industrial incubation services such as industrial funds, Internet funds, blockchain funds, Internet of Things and artificial intelligence, and creates a world-class ecological business closed loop.

And through cross-chain, value exchange can be formed for different consumption scenarios, providing certain technical strength for the commercialization process of the global "token economy"!

⑶ The two giants of blockchain mining machines have successively submitted applications for listing in the United States, desperately trying to catch the "window" to see if they can do so

China Times (chinatimes.net. cn) Reporter Yang Liu, Hu Jinhua, and Wu Min reported from Shanghai and Beijing

The trend of the blockchain industry has begun to become clearer as the country issues clear encouragement signals. Canaan and Bitmain, the two major domestic mining giants that have been struggling to go public, seem to have grasped "life-saving straws."

"China Times" reporters learned that on October 28, the U.S. Securities and Exchange Commission announced the IPO documents of chip mining machine manufacturer Canaan Yunzhi. The documents showed that Canaan Yunzhi's plan to raise funds was insufficient. It exceeded US$400 million, which was smaller than the US$1 billion raised during the failed IPO in Hong Kong. This is also the fourth time that Canaan has sought financing channels from overseas capital markets after several unsuccessful IPOs in Hong Kong. .

On the other hand, as the world’s largest cryptocurrency mining machine company and Canaan’s competitor in the mining machine and AI chip markets, Bitmain is undergoing a “CEO revolt.”". On October 29, Wu Jihan, the co-founder of Bitmain, publicly announced at an all-employee meeting that he would terminate all positions of Bitmain's legal representative and chairman Ketuan Zhan, who started the business together. The two founders completely Break up.

On October 30, new news came out of Bitmain. According to reports from self-media in the relevant industry, a week before Wu Jihan launched this "coup" raid, Bitmain had A listing application was secretly submitted to the SEC, and the sponsor was Deutsche Bank. This process has been led by Jihan Wu and CFO Liu Luyao, another senior executive of Bitmain, with Micree Zhan less involved. In this regard, our reporter also called Related departments of Bitmain, but Bitmain declined to comment.

“Both Canaan and Bitmain have been on the road to IPO in the past two years, but the road ahead is bumpy. . Due to the cold winter period in the mining industry, the mining machine business of these two institutions has been deteriorating, and the capital chain has become even tighter. Now that the country’s favorable policies have been introduced, there is no doubt that both institutions have begun to rush into the US stock market. Compared with the capital markets of the Mainland and Hong Kong, which have always been cautious about such business, it is almost impossible for Canaan and Bitmain to be listed in Shanghai and Hong Kong. The U.S. stock market is relatively loose. For Bitmain, Wu Jihan's strong return means that if it obtains shareholder support, Bitmain will focus on the blockchain industry with the most advantages, regroup in the mining machine and mining pool business, and launch an impact on the US stock market. "On October 30, Liang Ming (pseudonym), an investor in the mining machine business in Shanghai, told a reporter from the China Times.

The future of the second "mining" IPO in the United States is uncertain

Compared to the turbulent Bitmain, Canaan Ventures is one step ahead, hitting the IPO for the fourth time and submitting a U.S. stock prospectus.

According to Canaan Ventures’ disclosure in the prospectus, the company Started by producing Bitcoin mining machines, it is the second largest Bitcoin mining machine manufacturer in the world. In the first half of 2019, calculated in terms of mining machine sales, the company's market share in the first half of 2019 was 23.3%, ranking second in the world. Bitmain The market share is 64.5%, ranking first.

According to public information, as the world’s second largest Bitcoin mining machine manufacturer, Canaan’s Avalon mining machine was launched in 2013, which is commercial ASIC chip Bitcoin mining machine. Bitcoin "miners" bid farewell to the original era of computer CPU and GPU mining and chose high computing power ASIC chip mining machines.

In 2015, due to Bitmain's S7 Antminer The mining machine and the subsequent S9 mining machine have dominated the mining industry for many years, and Canaan’s new series of mining machines have lost their first-mover advantage. In July 2018, Canaan released the Avalon A9 series, earlier than Bitmain Launched 7nm technology ASIC chip mining machine. Due to the low price of the virtual currency market, Canaan's success this time has been limited.

Reporters found on the official website of Canaan that the Avalon A1166 is currently priced at US$1,978, and the A11 series of Avalon A1146, A1066, A1047, A1026 and other mining machines are also on sale.

According to sources in the mining market, Canaan recently released the Avalon A1166, which has a computing power rating of 73TH/s and an energy consumption ratio of 46J/T. A1166 is Canaan's best mining machine at present. Based on the current Bitcoin price and mining profits, the time to pay back the investment is about 230 days.

It is worth noting that in this prospectus, Canaan listed Bitcoin price as the first risk factor. Due to the downturn in currency prices and the sharp fall in mining machine prices, Canaan Yunzhi achieved revenue of 289 million yuan and a net profit loss of 331 million yuan in the first half of this year. Compared with the net profit of 216 million in the first half of 2018, the profit dropped by 252% year-on-year.

“The price of Bitcoin controls the fate of major mining machine manufacturers, and the symbiotic nature is very obvious. Mining machines not only consume electricity, but their mining costs are also affected by the dry and wet periods of hydropower. "On October 28, a mining machine manufacturer in Sichuan said in an interview with a reporter from China Times.

The prospectus shows that the funds raised from this IPO will be used for the research and development of AI algorithms and application-related ASICs, and the company’s future revenue growth will depend on whether it can successfully open up AI. markets and enter new application areas.

In other words, in addition to mining machine sales, Canaan is also working hard in the field of AI algorithms and applications, trying to transform into an AI chip manufacturer.

The mining machine boss also went public after the internal battle

In fact, as the development of China’s blockchain industry has been elevated to a national level, recently in the mining machine industry, especially the two major What happens to the giants is really confusing to the outside world.

Since the "second eldest" Canaan and Zhizhi have chosen to go public, why can't Bitmain, the boss, go public, even though it is currently involved in a battle for management control?

In an important notice issued to employees by Bitmain co-founder Jihan Wu on October 28, he decided to terminate Micree Zhan from all positions in Bitmain, effective immediately. It also stated that any employee of Bitmain shall no longer carry out Micree Zhan’s instructions and shall not participate in meetings convened by Micree Zhan. If there is any violation, the company will consider terminating the labor contract depending on the severity of the case; if it causes damage to the company’s economic interests, the company will pursue civil or criminal prosecution in accordance with the law. responsibility.

There is more news that Wu Jihan subsequently sent another email announcing the dismissal of Wang Zhi, the current head of HR. Wang Zhi was appointed by Ketuan Zhan and seems to be very unpopular within Bitmain. Micree Zhan is currently prohibited from entering the company's office, and employees are prohibited from continuing to follow instructions, which is equivalent to being expelled "out of the country."

A reporter from "China Times" also reviewed the development history of Bitmain and found that the main operating entity of Bitmain is Beijing.Bitmain Technology Co., Ltd., the predecessor of Bitmain, was founded by Ketuan Zhan, Wu Jihan was a latecomer, and the industry has always believed that Ketuan Zhan is the real operator of Bitmain.

In August 2018, Bitmain went to Hong Kong for its IPO. According to the prospectus at the time, Ketuan Zhan held 36% of Bitmain’s shares and was the largest shareholder; Jihan Wu held 25.25% of the shares and was the second largest shareholder. No one has absolute control.

According to analysis by insiders, the root cause of the split between the two parties is the disagreement between the two founders on the company's business line. The core is their different opinions on whether to develop the AI ​​chip business. Wu Jihan prefers to do mining machines and mining, while Zhan Ketuan prefers to do technology and lead Bitmain's AI projects.

Public reports show that in March this year, Wu Jihan had distanced himself from the management of Bitmain.

At that time, Wu Jihan led some core technical personnel to create a new company dedicated to the construction of blockchain infrastructure. Its business included digital currency exchanges, mining pools, etc. It is reported that Bitmain has also invested in Wu Jihan’s new company, while Wu Jihan continues to hold shares in Bitmain. After Wu Jihan "established a new business", Bitmain's business mainly focused on AI chips and mining machine chips, with Zhan Ketuan fully in charge.

However, there are already clues that Wu Jihan can make a comeback this time.

According to information from Qichacha, on October 28, the legal representative of Beijing Bitmain Technology Co., Ltd. was changed from Ketuan Zhan to Jihan Wu, and Wu Jihan also succeeded Ketuan Zhan as executive director. Ketuan Zhan resigned as executive director and continued as manager.

According to a Bitmain insider, in terms of Bitmain’s development direction, except for Kai-fu Lee, most shareholders within the company almost all support continuing to do business related to blockchain, especially mining machines. Business, this is what Wu Jihan has always insisted on. Spurred by previous rivals' submission of prospectuses, shareholders supported Wu Jihan's rise to power, and their primary purpose was to promote Bitmain's listing in the United States.

⑷ Bitcoin revenue accounts for 50% of total revenue. The renamed Block continues to demonstrate its blockchain ambitions

This is following the renaming of Square in December last year and its determination to embrace the blockchain field. Another big move.

Currently, the company has a consumer payment application Cash App, music streaming service Tidal, seller service ecosystem Seller, and multiple Bitcoin and blockchain initiatives. Moreover, Block’s third quarter 2021 financial report showed that Bitcoin-related revenue was US$1.82 billion, accounting for nearly 50% of total revenue.

As the founder of two listed companies, Twitter and Block, Jack Dorsey’s ambitions in blockchain and Bitcoin have continued to expand, so much so that he resigned in November 2021 Twitter CEO job, focusOperating Block.

However, can Block, which is following the footsteps of Facebook in rebranding, rely on Dorsey's vision of "decentralization" and enthusiasm for Bitcoin to create a new business landscape?

Active transformation into the blockchain field

On December 10, 2021, Square, a digital payment company co-founded by Dorsey and James McKelvey in 2009, changed its name to Block.

This day comes less than half a month after Dorsey announced his resignation as Twitter CEO.

In fact, in the past few months, Block has been making continuous moves in the blockchain field, accelerating the advancement of Bitcoin-related businesses.

On January 14 this year, Block officially announced that it would build an open Bitcoin mining system. Dorsey first revealed the plan on Twitter in October last year to build a Bitcoin mining system based on custom chips and open source for use by individuals and companies around the world.

On the same day, Block Hardware General Manager Thomas Templeton also tweeted that the goal of the plan is to make Bitcoin mining more decentralized and efficient. He also mentioned that Block hopes to solve the pain points and technical challenges encountered by mining customers, including the scarcity of mining machines, high prices, high power consumption, etc.

It is worth noting that recently chip giant Intel also announced its entry into the Bitcoin mining hardware market and launched an "ultra-low voltage Bitcoin mining ASIC". This also means that large technology companies such as Intel and Block will become competitors with companies such as Bitmain to compete for the mining market.

The transition from Square to Block reflects Dorsey’s ambitions to a certain extent, and it is not surprising that Block is committed to building an open mining ecosystem.

On the one hand, Dorsey is a well-known Bitcoin enthusiast; on the other hand, Block, which has long been focused on payments, has also been adding different business units.

Block launched the mobile payment application Cash App in 2013 and opened the Bitcoin transaction function in early 2018. The latest news is that Cash App will integrate the Bitcoin Lightning Network in the coming weeks, allowing users to use the Lightning Network to send Bitcoin to anyone anywhere in the world for free in seconds.

In addition to its core payment business, Block is also trying to expand into other areas. In March 2021, it acquired a majority stake in the niche streaming music service Tidal; the company later established the Bitcoin DeFi development platform TBD54566975.

In August 2021, Block will be released againIt acquired the Australian "buy now, pay later" company Afterpay for US$29 billion, aiming to enter the field of consumer loans.

But the company is not content with this. It also plans to build a Bitcoin hardware wallet and a decentralized Bitcoin exchange. In addition, Block is also the first public company to list Bitcoin on its balance sheet.

At present, Dorsey hopes that Block can go beyond the payment business and establish a corporate business portfolio focused on the cryptocurrency field. But can his ambition support business development?

Marcus Sotiriou, an analyst at digital asset brokerage Global Block, believes that if the open source Bitcoin mining system built by Block can be integrated with its core business Cash App, it may prompt more users to use Bitcoin to pay for goods. and services to promote mass adoption of Bitcoin.

But some analysts pointed out that Block and Dorsey’s ambitions will not pay off until a few years later.

Dorsey’s blockchain ambitions

Dorsey founded Twitter in 2006 and served as the company’s CEO, but he was fired by Twitter in 2008 due to management and absenteeism issues.

In 2015, Dorsey returned to Twitter and continued to serve as CEO. However, as the CEO of two companies, he received criticism and concerns from Twitter activist investor Elliott Management Corp. in 2020.

While it’s difficult to predict the extent to which Twitter was affected by Elliott’s recent departure from Dorsey, it was reported at the time that Elliott was dissatisfied with how much he was splitting his time between leading Twitter and Square. .

Today, Block has become a financial technology company with a market value three times that of Twitter.

Dorsey has been a long-time supporter of Bitcoin. His Twitter bio is “#bitcoin,” but interestingly he’s not too keen on other cryptocurrencies.

Previously, Dorsey sold his first tweet in the form of NFT for $2.9 million. Immediately after the transaction was completed, he said he would convert the Ethereum proceeds into Bitcoin and donate them to GiveDirectly.

Last June, at a Bitcoin conference in Miami, Dorsey once again emphasized his love for Bitcoin, "If I wasn't at Square or Twitter, I would be working on Bitcoin."

At this stage, Block, which has multiple Bitcoin and blockchain plans, is giving him the opportunity to "show off his talents."

Block’s third quarter 2021 financial report shows that the company’s total revenue was US$3.845 billion, and Bitcoin-related revenue in Cash App was US$1.82 billion, accounting for nearly 50% of total revenue.

However, Block confirmed a $6 million impairment in Bitcoin during the reporting period, and its Bitcoin investment has recorded three impairments so far.

⑸ Blockchain creates the “richest man born in the 1990s”! A 27-year-old with a wealth of 3.5 billion, how many miracles there are in the currency circle

The richest man born in the 1990s in the 2018 Hurun Report. On October 28, 2019, the Hurun Research Institute officially Recently released the "2019 Hurun Post-80s Self-Made Rich List", Ge Yuesheng ranked 32nd with assets of 3.5 billion yuan. In fact, as early as last year, this young man was already the richest man born in the 1990s. On October 10, 2018, the "2018 Hurun Rich List" was released. Ge Yuesheng, the 26-year-old executive director of Bitmain, successfully surpassed 3 billion with a high wealth of 3.4 billion. With a net worth of 27-year-old ofo founder Dai Wei, he successfully became the richest man born in the 1990s. In other words, the wealth of Ge Yuesheng, the richest man born in the 1990s, has increased significantly by about 100 million in one year. Let’s find out. , who is this richest man born in the 1990s? How did he obtain his huge wealth?

Ge Yuesheng graduated from Hangzhou University of Electronic Science and Technology in 2013, majoring in business administration. He served as an analyst at Shanghai Aowen Venture Capital Management Co., Ltd. and later joined Bitmain. According to media reports that interviewed Ge Yuesheng, Ge Yuesheng and Bitmain founder Wu Jihan were colleagues. Under the influence of Wu Jihan, he came into contact with Bitcoin, and the two began to cooperate in mining. Wu Jihan is a recognized Bitcoin “evangelist” in the circle and was the first person to translate the Bitcoin white paper into Chinese.

Ge Yuesheng and Wu Jihan invested in Zhang Nangeng's chips. Later, the two found Ketuan Zhan to start making chips. At that time, Ge Yuesheng and Wu Jihan played more of an investor role. After two years of cold winter from 2013 to 2015, Bitmain became the leader in the mining machine industry and officially submitted a prospectus to the Hong Kong Stock Exchange in September 2018.

In the prospectus, Ge Yuesheng held 4.18% of the shares. At that time, Bitmain was valued at US$14.5 billion. During this process, Ge Yuesheng has always kept a low profile.

Wu Jihan was the first person to bring Bitcoin information to the domestic market. After his contact with Ge Yuesheng, Wu Jihan invited Ge Yuesheng to join Bitmain. Ge Yuesheng agreed, became Bitmain's co-founder, and within just three years became the company's executive director. Then they worked together as investors and found a small group to invest. After several years of dormancy, he entered the financial industry in 2008 with his wealth of 3.4 billion.Hurun Fortune Ranking.

In addition to his shares in Bitmain, Ge Yuesheng also has many companies under his name. Except for a creative planning company that has been cancelled, most of the others are technology companies. Among them, Suzhou Industrial Park Cheliu Electronic Technology Partnership (Limited Partnership) with a registered capital of 230 million, the major shareholders are still Bitmain (65.93%), Jihan Wu (12.64%), Ketuan Zhan (10.99%), and Ge Yuesheng Accounting for 7.14% of the shares.

Bitmain is a giant in the cryptocurrency industry covering all aspects of mining machines, mining pools, mines, and trading platforms. Among them, its Bitcoin mining pool AntPool is currently the largest Bitcoin mining pool in the world. The mining pool accounts for 20% of the industry's computing power and is one of the giants in the Bitcoin world.

#欧易OKEx# #digitalcurrency# #BTC[超话]#

⑹ How to build the main body of the project in the blockchain industry

When it comes to offshore companies, they usually choose to register in the islands. Some domestic giants, such as Alibaba, Tengxu, Shanda Network, Xiaomi, Haidilao, etc., have established overseas IPO structures by registering offshore companies in the archipelago.

Advantages of registering offshore companies in the islands:

1. Complete tax exemption (only a small annual management fee is charged)

2. Company information is kept confidential ( High degree of confidentiality)

3. Overseas IPO structure (domestic giants such as Tencent and Xiaomi have established overseas IPO structures by registering offshore companies)

4. Freedom of naming ( Chinese can be added)

5. No foreign exchange control

6. No specific business scope, as long as it does not engage in illegal and criminal activities or industries that require franchising.

2. The Singapore non-profit foundation can later issue relevant legal opinions to ensure legal compliance and prove that the company's operations are in compliance with Singapore's current laws.

The main contents of the legal opinion:

1. White paper modification: Modify the project white paper where it does not comply with Singapore laws and regulations, and a lawyer will issue a professional legal compliance opinion.

2. TOKEN non-securitization certificate: A lawyer issues a professional legal opinion detailing that the tokens issued by the project do not have the nature of securities.

⑺ What are the blockchain companies?

——The following data sources and analysis are from the "Business Model Innovation and Investment Opportunities Depth of China's Blockchain Industry" published by the Qianzhan Industry Research Institute analysis report".

——Original title: Analysis of the market status and development trends of China’s blockchain industry in 2019. Widespread implementation of applications to accelerate the construction of digital China

Analysis of the industrial chain of the blockchain industry: There are many downstream application fields with huge development potential

From the perspective of the industrial chain, my country’s blockchain industry includes upstream hardware, technology and infrastructure; midstream blockchain applications and technical services;

Downstream blockchain application areas and other links. Upstream hardware, technology and infrastructure mainly provide necessary hardware, technology and infrastructure support for blockchain applications. Among them, hardware equipment includes mining machines, mining pools, chip manufacturers, etc.; general technologies include distributed storage, decentralization transaction, data services, distributed computing and other related technologies.

Downstream application fields include the combination of applying blockchain technology with existing industries, mainly including the financial industry, logistics industry, copyright protection, medical health, industrial energy and many other fields. As an emerging technology, blockchain There are many downstream application fields and huge development potential.

Midstream blockchain applications and services include basic platform construction and the provision of technical service support. The basic platform construction is divided into general basic chains and vertical domain basic chains; technical service support includes technical support and service support. Support is similar to upstream related technologies, and is responsible for providing buyers with a series of technical support based on blockchain products such as blockchain security protection; service support includes a series of services such as digital asset trading venues, digital asset storage, and media communities.

Analysis of the industrial chain of the blockchain industry

Data source: Compiled by Qianzhan Industry Research Institute