Xiao-i to Expand Hong Kong presence with Regional HQ

SHANGHAI,Nov. 8,2018 -- Shanghai Xiaoi Robot Technology Co. Ltd ("Xiao-i" or the "Company"),a leading developer of artificial intelligence technology and industry application platforms in China,is committed to expanding in Hong Kong as part of its international growth,according to its founder and CEO Pinpin Zhu. Dr. Zhu made the comments while hosting InvestHK Director-General Stephen Phillips at Xiao-i's AI+ Experience Centre in Shanghai.

Dr. Pinpin Zhu (second from left),Founder and CEO of Shanghai Xiaoi Robot Technology Co. Ltd (Xiao-i) briefs Stephen Phillips (fourth from left),Director-General of Investment Promotion,InvestHK at Xiao-i's AI+ Experience Centre in Shanghai.

Dr. Zhu said,"Xiao-i aims to create an AI ecosystem and encourages more counterparts to join in to improve and advance the industry. As an important step in our international expansion,we established a subsidiary in Hong Kong in 2016,and are planning to develop our Asia-Pacific regional headquarters there. We have also built our AI+ Experience Centre and AI+ Open Lab in the city."

Exchanging views with Dr. Zhu on the outlook for AI development and collaboration between industry and academia,Stephen Phillips said,"The Hong Kong government in its recent Policy Address was highly supportive of the importance of AI and other digital technologies. InvestHK will continue to support the innovation of companies like Xiao-i."

Xiao-i's AI+ Experience Centre is China's first professional AI exhibition centre,which showcases the development of the country's AI industry as well as Xiao-i's achievements in AI industry applications across various domains such as customer service,smart city,smart finance,and smart office. Dr. Zhu during the visit briefed Mr. Phillips on the company's history and current developments. They also discussed how Xiao-i would like to seek more support from the Hong Kong government in terms of talent acquisition and market development.

Stephen Phillips was accompanied by other senior representatives from InvestHK,a government department that aims to promote Hong Kong as a base to locate a business and assist overseas enterprises establish and develop their presence in the city.

About Xiao-i

Shanghai Xiaoi Robot Technology Co. Ltd ("Xiao-i") develops world-class AI technologies and industry applications that revolutionize business operations and provide meaningful progress to people's lives. Since its establishment in Shanghai in 2001,Xiao-i has become an industry pioneer,integrating its AI applications across multiple sectors. Over 1,000 large businesses and government organizations in China have used Xiao-i applications to improve their operations and deliver greater value to more than 800 million users. Xiao-i has become a leader in the business-to-business space and is extending this success into consumer applications and solutions. Xiao-i's major investors include Alibaba Group,China-based private equity firm CBC and other institutional investors.

Official website: http://www.xiaoi.com/

Linkedin page: https://www.linkedin.com/company/xiaoi/

Photo - https://photos.prnasia.com/prnh/20181108/2294124-1