With the opening of the Winter Olympics, I see a trillion-dollar investment opportunity

The “Technology Winter Olympics” has become the main feature of the Beijing 2022 Winter Olympics and Winter Paralympics.
With the opening of the Winter Olympics, I see a trillion-dollar investment opportunity

Image source @Visual China

Note from Titanium Media: This article is from WeChat public account China-Venture (ID: China-Venture), author | Stephanie, editor丨Zhang Lijuan, published by Titanium Media with permission.

At 8:00 p.m. on February 4th, the 2022 Beijing Winter Olympics will officially kick off. In this way, Beijing will also become the only city in the world that has hosted both the Summer Olympics and the Winter Olympics.

It is worth mentioning that, unlike the Summer Olympics, the Winter Olympics are naturally affected by factors such as environment and climate. At the same time, this Winter Olympics is the first Winter Olympics held in the context of a continental monsoon climate in the past 20 years. In addition, At present, the global new crown pneumonia epidemic is still spreading, and the overall difficulty of holding it can be imagined.

For example, with the support of multiple data and machine learning, combined with bioinformatics and other disciplines, the team from Tsinghua designed an epidemic monitoring and early warning system that can be used for closed-loop management of the Winter Olympics. High-risk groups, susceptible areas, susceptible behaviors, and weak points of epidemic prevention and control can be accurately screened in a timely manner, and technology is used to build a technical barrier for epidemic prevention for the Winter Olympics.

Earlier, the director of the “Science and Technology Winter Olympics” expert committee said in an exclusive interview with Phoenix Satellite TV: “After the outbreak of the new crown epidemic, security issues have been placed in a very prominent position in the preparation of the Winter Olympics. The research results of researchers can not only be applied In this Winter Olympics, it is valuable experience for epidemic prevention and control in society and other large-scale international events.”

Such a thing is just the tip of the iceberg in the preparations for the Beijing Winter Olympics. According to the data released in the “Guidelines for the Application of Key Special Targeted Projects of the “Science and Technology Winter Olympics”, in order to support the successful completion and implementation of the “Science and Technology Winter Olympics” project, the total budget for the 2018-2021 state appropriation is about 1.49 billion yuan.

According to data from the Beijing Municipal Science and Technology Commission, more than 200 technologies have been tested and used in the Winter Olympics, involving fields such as information engineering and software engineering, public safety, high-definition video, 5G and new energy.

It is precisely because of this that the “Technology Winter Olympics” has become the main feature of the Beijing 2022 Winter Olympics and Winter Paralympics, and even some industry commentators say that this year’s Beijing Winter Olympics will become a world-class science and technology exhibition.

Take the torch “Flying” of the Winter Olympics that is being relayed as an example. It is reported that the torch was designed by Li Jianye, chief industrial designer of Alibaba. “Material, not only fire-resistant and high-temperature resistant, but also resistant to 10-level wind and rainstorm. At the same time, the torch also uses environmentally friendly hydrogen fuel, so that the carbon emission of the torch when burning is “zero”, and its characteristics also ensure that the torch can be used in extremely cold weather. used in.

Relevant analysts also pointed out that in the fields of digital renminbi, hydrogen energy, artificial intelligence, robotics and high-end manufacturing, the investment blessing brought by the Winter Olympics will be more obvious, which may bring a trillion-level investment opportunity.

Infrastructure colored by technology

When it comes to games, the first thing many people pay attention to is the venue. From the well-known Bird’s Nest and Water Cube to the Ice Ribbon and Snow Dragon that have entered the public’s attention at this Winter Olympics, each unique design embodies ingenuity and wisdom.

Different from the past, in order to better meet the Winter Olympics, each competition venue has undergone a “technical” packaging. For example, as the only new ice stadium in the Beijing competition area, the National Speed ​​Skating Stadium “Ice Ribbon” adopts the world’s largest single-layer two-way orthogonal saddle-shaped cable net roof, and the amount of steel used is only 1/4 of the traditional roof.

Similarly, the National Snowmobile Sled Center, known as “Xueyoulong”, adopts “millimeter-level” hyperboloid concrete spraying and finishing molding technology, and the 1.9-kilometer track is formed by spraying and pouring at one time. With the support of technology, the Water Cube has achieved the site conversion from “water to ice” within 20 days. With the help of the Internet of Things and artificial intelligence technology, the Bird’s Nest has transformed itself into a digital, low-carbon and smart stadium.

Of course, the above is only a small part of the many technology-style Winter Olympics competition venues, but it is also enough to see that the current Winter Olympics has started the technological layout from the most basic facilities.

In addition to the venues, the most inseparable part of the Winter Olympics is ice and snow. As we mentioned at the beginning, Beijing belongs to the continental monsoon climate zone. Therefore, this Winter Olympics also has two “black technologies” – artificial snow and “The fastest ice surface”.

It is understood that this Winter Olympics will be the first Olympic Games ever to use 100% artificial snow. The characteristic of artificial snow is that the ice content is higher, which is 20% higher than that of natural snow. This characteristic also brings both positive and negative effects. On the one hand, artificial snow may increase the possibility of injury to athletes. Snow can overcome the differences in the characteristics of the snow field and make the competition more fair.

Not only that, the “Ice Ribbon” venue also creatively adopts carbon dioxide transcritical direct cooling ice-making technology to ensure a constant ice surface temperature and better ice surface quality, thus becoming the “fastest ice surface”.

If the venues and the ice and snow environment are still artificially controllable factors, then the climate change in the Winter Olympics is a change factor that cannot be ignored. The reason behind this is that 70% of the events of the Winter Olympics are snow events, and most of them are on the snow. Projects are held in mountainous terrain with complex terrain.

Therefore, meteorological protection has become the top priority of ice and snow sports. So far, the meteorological support project has achieved certain scientific and technological innovation achievements, especially the “100-meter-level, minute-level” forecast for the first time. As we all know, even if we are in the plain area, it is still impossible for the current weather software to achieve “100-meter-level, minute-level”, and in the mountains, it is even more arduous to face technical challenges to such a level.

In general event venues, a large number of physical fences or a lot of manpower are used for security work. However, most of the Winter Olympics competitions are in deep mountains with complex terrain. , the intelligent sentinel robot application was born.

In the Zhangjiakou competition area of ​​the Winter Olympics, by deploying intelligent sentry robots, in daily monitoring, it can automatically and accurately determine the type of intruder, and upload the monitored situation or the track of the intruder to the command center in the background, effectively improving The efficiency of security staff ensures the safety of the Winter Olympics. Its lowest low temperature resistance is also more than minus forty degrees.

At the Wukesong Sports Center in Beijing’s ice hockey arena, there are also service robots officially on duty. It is understood that 12 security service robots provide non-contact ticket checking for audience admission, and can complete 8 processes including identity verification, intelligent temperature measurement, health code query, and vaccination status query within 1 second. Outside the venue, 4 intelligent service robots provide information guidance, interactive Q&A, and full-process Winter Olympics explanations.

In addition, my country has developed the first 5G+8K OB van in China and put it into use, which will provide the public with high-quality off-site viewing services. In this way, the upcoming 8K channel will give viewers the opportunity to watch the 8K game on TV during the game, and also have the opportunity to see ultra-high-definition images through 8K terminals in the Winter Olympics venues, city squares and other places.

Ubiquitous Smart Life

In the final analysis, the core of sports competition is people. How to use technology to help athletes get better performance in training, life and competition is the fundamental.

Take curling, in which the Chinese team won two consecutive victories two days before the start of the competition. In 2019, the research and development of curling robots began. This project is a national key special project of the Ministry of Science and Technology “Science and Technology Winter Olympics”. The curling robots use artificial intelligence. , image recognition, automatic control and other advanced technologies, make up for the lack of curling tactical analysis methods, and assist athletes in training.

In terms of food, the Beijing Winter Olympics used the self-developed ultra-miniature trusted chip, combined with the non-tamperable and traceable features of the blockchain, to build a Winter Olympics food safety assurance platform, providing strong support for the Winter Olympics catering services.

It is undeniable that before the start of the Beijing Winter Olympics, the robot application has been out of the circle with the smart restaurant, and has been swiped on major social media platforms. Robots are no longer a new species, why can they get such a high degree of attention?

It turned out that the smart restaurant is located in the main media center of the Beijing Winter Olympics. The restaurant covers an area of ​​more than 3,680 square meters, which is divided into automatic bar area, Chinese food cloud rail area and media dining area. It is understood that the smart restaurant is equipped with 120 meal-making robots. The intelligent and automated catering equipment in the restaurant can operate 24 hours a day, ensuring the automation of the whole process of ordering, preparing and serving food, and can serve thousands of people at the same time.

Surprisingly, there are no chefs or waiters in the restaurant, and Chinese and Western food cooking and cocktail preparation are all done by robots. Diners scan a QR code on the table to order, and a robotic chef in the kitchen starts to make it. All robots are behind clear glass so everyone can see the cooking process.

Finally, the robot completes the entire food delivery process, and the dishes will be delivered through the cloud rail system at the top of the restaurant. When the robot moves over the desired table, a tray of food “drops from the sky” with the lowered cable, hovering in front of people for their access. According to the video, the way of serving food is somewhat similar to that of a “weightless” restaurant.

Robots working in restaurants are just the tip of the iceberg of robotics applications throughout the Winter Olympics.

In terms of epidemic prevention, there are many types of high-efficiency killing scenes, such as atomization and disinfection robots, material distribution scenes, distribution robots, cleaning robots responsible for intelligent cleaning, inspection robots responsible for reminder and disinfection services, and many other types.

For example, the disinfection robot of the Water Cube can continue to automatically avoid obstacles and charge by itself. The intelligent disinfection system constructed by AI big data makes the disinfection of the venue visualized, data-based and traceable, which can meet the needs of nearly 8,600 square meters in different areas of the venue. Clean and disinfect public areas of meters.

The Beijing Winter Olympics has also built an Arrival and Departure Information System. Based on big data, cloud computing and other information technologies, it provides arrival and departure services for 32,000 Olympic customers during the competition by means of seamless connection of multiple systems and data sharing.

This Winter Olympics also has an eye-catching invention: a wearable thermometer-“armpit band-aid” is a “post-post” early warning for epidemic prevention and control. The chip sensor of this temperature measurement device is only the size of a grain of sand, and the temperature measurement can be accurate to 0.05°C, which can accurately and quickly lock people with abnormal body temperature. Moreover, this innovation will provide technical support for non-contact body temperature monitoring for groups that will hold large-scale events in the normal course of the epidemic in the future.

The application of intelligent robots not only improves the color and efficiency of technology, but also increases the proportion of non-contact services, reduces direct contact between people, and effectively reduces the risk of infection for athletes and staff.

In terms of wearing, my country’s self-developed alpine skiing training protective clothing adopts a new columnar array anti-impact structure and a new type of energy-absorbing cushioning material, which can effectively protect the shoulders and legs of alpine skiers.

In terms of accommodation, 6,000 smart beds provided by Qisheng Technology for athletes and team officials from various countries have been well received and praised. It is reported that Summer Bricher, the female sled player of the US Winter Olympics team, posted on the video social media Tiktok They praised the smart bed and quickly became popular all over the world.

In terms of medical treatment, the relevant data released by the International Olympic Committee shows that due to the difficulty and danger of the Winter Olympics, and the low temperature environment, the probability of injury to athletes in the snow sports of the Winter Olympics is about 10%-14%. . In this regard, the Beijing Winter Olympics also comprehensively improved the level of smart medical care. Such as building smart mobile shelters; 5G telemedicine; strengthening the application of wearable medical-grade smart devices; developing aerosol new coronavirus detection systems in public spaces, etc.

New investment opportunities emerge

According to the budget data released by the Deputy Minister of Finance and Market Development of the Beijing Winter Olympics Bid Committee, the budget revenue and expenditure of the 2022 Beijing Winter Olympics are both US$1.51 billion, far lower than the 280 billion yuan of the 2008 Beijing Olympics. Among them, 65% of the Beijing Winter Olympics venue construction budget comes from social investment.

Although spending has decreased, income has not been optimistic accordingly. Referring to last year’s 2021 Tokyo Olympics, a large number of events were held without venues, reducing the proportion of ticket revenue (12%), which was significantly lower than that of the 2016 Olympic Games in Rio de Janeiro (16%). At a time when the epidemic has not yet stabilized, the Beijing Winter Olympics will also face the same situation.

Fortunately, there are as many as 50 industries that are known to be directly or indirectly related to the Olympic Games, and the investment-driven effect is still strong. The official holding of this Winter Olympics still has the potential to become a capital feast.

The secondary market has the most obvious reaction. It is understood that there are currently more than 50 A-share listed companies assisting the Beijing Winter Olympics in various aspects such as venue construction, technical support, transportation facilities, licensed merchandise sales, sponsorship and supply services, etc. aspect.

Relevant analysts also pointed out that in the fields of digital renminbi, hydrogen energy, artificial intelligence, robots and high-end manufacturing, the investment and blessing effect brought by the Winter Olympics will be more obvious.

First of all, taking the digital renminbi as an example, the launch of the digital renminbi pilot program is a highlight of the Beijing Winter Olympics. At present, 355,000 Winter Olympics scenes have been successfully implemented, realizing full coverage of traffic travel, catering and accommodation, shopping consumption and other scenes.

The accelerated promotion of digital renminbi has also ignited enthusiasm in the capital market. In the past three months, more than 50% of the stocks in this sector have risen by more than 20%. At the same time, the payment hardware market in the upstream and downstream industry chain, the bank IT upgrade and transformation market, and the promotion and scenario service companies serving the digital renminbi have also attracted the attention of capital.

Secondly, it is no surprise that this Winter Olympics has also become a stage for the competition of new energy vehicles. According to the official statistics of the Beijing Winter Olympics Organizing Committee, among the transportation service vehicles for the Winter Olympics, energy-saving and clean energy vehicles accounted for 100% of the passenger cars and 85.84% of the total vehicles, the highest in the previous Winter Olympics. During the Winter Olympics, more than 1,000 hydrogen energy vehicles (ie hydrogen fuel cell vehicles) will be demonstrated and operated, equipped with more than 30 hydrogen refueling stations.

Again, it is worth mentioning that hydrogen energy, as the most promising secondary energy in the 21st century, also ushered in a new climax of development during the Beijing Winter Olympics. According to incomplete statistics, as of December 2021, there are about 85 hydrogen fuel cell-related investment projects, with a total investment of about 185.713 billion yuan.

According to the forecast of the International Hydrogen Energy Commission, by 2050, hydrogen energy will bear 18% of the global energy end demand, creating a market value of more than 2.5 trillion US dollars, and the proportion of fuel cell vehicles in the world will increase to 20%-25%. It should be pointed out that the opportunities for hydrogen fuel cells are more concentrated in the field of commercial vehicles.

In addition, this year’s Beijing Winter Olympics has completed the migration of core systems to the cloud. This is the first time in the history of the Olympic Games that cloud computing has replaced traditional IT. So far, the core information systems of the Olympic Games, such as event results, event broadcast, information release, athlete arrivals and departures, medical care, accommodation, and transportation, have been migrated to Alibaba Cloud.

The full cloud deployment of this Winter Olympics has also brought new possibilities for the live broadcast and broadcast of the event, as well as the audience viewing experience, such as solving the huge workload of news gathering and editing, and providing technology for AR/VR equipment and high-definition video applications

The application of intelligent robots not only improves the color and efficiency of technology, but also increases the proportion of non-contact services, reduces direct contact between people, and effectively reduces the risk of infection for athletes and staff.

In terms of wearing, my country’s self-developed alpine skiing training protective clothing adopts a new columnar array anti-impact structure and a new type of energy-absorbing cushioning material, which can effectively protect the shoulders and legs of alpine skiers.

In terms of accommodation, 6,000 smart beds provided by Qisheng Technology for athletes and team officials from various countries have been well received and praised. It is reported that Summer Bricher, the female sled player of the US Winter Olympics team, posted on the video social media Tiktok They praised the smart bed and quickly became popular all over the world.

In terms of medical treatment, the relevant data released by the International Olympic Committee shows that due to the difficulty and danger of the Winter Olympics, and the low temperature environment, the probability of injury to athletes in the snow sports of the Winter Olympics is about 10%-14%. . In this regard, the Beijing Winter Olympics also comprehensively improved the level of smart medical care. Such as building smart mobile shelters; 5G telemedicine; strengthening the application of wearable medical-grade smart devices; developing aerosol new coronavirus detection systems in public spaces, etc.

New investment opportunities emerge

According to the budget data released by the Deputy Minister of Finance and Market Development of the Beijing Winter Olympics Bid Committee, the budget revenue and expenditure of the 2022 Beijing Winter Olympics are both US$1.51 billion, far lower than the 280 billion yuan of the 2008 Beijing Olympics. Among them, 65% of the Beijing Winter Olympics venue construction budget comes from social investment.

Although spending has decreased, income has not been optimistic accordingly. Referring to last year’s 2021 Tokyo Olympics, a large number of events were held without venues, reducing the proportion of ticket revenue (12%), which was significantly lower than that of the 2016 Olympic Games in Rio de Janeiro (16%). At a time when the epidemic has not yet stabilized, the Beijing Winter Olympics will also face the same situation.

Fortunately, there are as many as 50 industries that are known to be directly or indirectly related to the Olympic Games, and the investment-driven effect is still strong. The official holding of this Winter Olympics still has the potential to become a capital feast.

The secondary market has the most obvious reaction. It is understood that there are currently more than 50 A-share listed companies assisting the Beijing Winter Olympics in various aspects such as venue construction, technical support, transportation facilities, licensed merchandise sales, sponsorship and supply services, etc. aspect.

Relevant analysts also pointed out that in the fields of digital renminbi, hydrogen energy, artificial intelligence, robots and high-end manufacturing, the investment and blessing effect brought by the Winter Olympics will be more obvious.

First of all, taking the digital renminbi as an example, the launch of the digital renminbi pilot program is a highlight of the Beijing Winter Olympics. At present, 355,000 Winter Olympics scenes have been successfully implemented, realizing full coverage of traffic travel, catering and accommodation, shopping consumption and other scenes.

The accelerated promotion of digital renminbi has also ignited enthusiasm in the capital market. In the past three months, more than 50% of the stocks in this sector have risen by more than 20%. At the same time, the payment hardware market in the upstream and downstream industry chain, the bank IT upgrade and transformation market, and the promotion and scenario service companies serving the digital renminbi have also attracted the attention of capital.

Secondly, it is no surprise that this Winter Olympics has also become a stage for the competition of new energy vehicles. According to the official statistics of the Beijing Winter Olympics Organizing Committee, among the transportation service vehicles for the Winter Olympics, energy-saving and clean energy vehicles accounted for 100% of the passenger cars and 85.84% of the total vehicles, the highest in the previous Winter Olympics. During the Winter Olympics, more than 1,000 hydrogen energy vehicles (ie hydrogen fuel cell vehicles) will be demonstrated and operated, equipped with more than 30 hydrogen refueling stations.

Again, it is worth mentioning that hydrogen energy, as the most promising secondary energy in the 21st century, also ushered in a new climax of development during the Beijing Winter Olympics. According to incomplete statistics, as of December 2021, there are about 85 hydrogen fuel cell-related investment projects, with a total investment of about 185.713 billion yuan.

According to the forecast of the International Hydrogen Energy Commission, by 2050, hydrogen energy will bear 18% of the global energy end demand, creating a market value of more than 2.5 trillion US dollars, and the proportion of fuel cell vehicles in the world will increase to 20%-25%. It should be pointed out that the opportunities for hydrogen fuel cells are more concentrated in the field of commercial vehicles.

In addition, this year’s Beijing Winter Olympics has completed the migration of core systems to the cloud. This is the first time in the history of the Olympic Games that cloud computing has replaced traditional IT. So far, the core information systems of the Olympic Games, such as event results, event broadcast, information release, athlete arrivals and departures, medical care, accommodation, and transportation, have been migrated to Alibaba Cloud.

The full cloud deployment of this Winter Olympics has also brought new possibilities for the live broadcast and broadcast of the event as well as the audience viewing experience, such as solving the huge workload of news gathering and editing, and providing technical support for the application of AR/VR equipment and high-definition video. .

In addition, the emergence of virtual humans has also facilitated a new viewing experience. Taking AI sign language anchors as an example, they can not only report news, but also conduct live sign language live broadcasts, which will bring good news to the hearing-impaired.

Of course, as AR/VR hardware and virtual humans that are popular in the Metaverse, these two fields are also the darlings of capital this year. Taking virtual human as an example, in 2021 alone, there will be more than 60,000 new virtual human-related companies in China; the investment field is even more generous. In less than a month after the start of 2022, the cumulative amount of nearly 100 financings in the virtual human field has exceeded 400 million yuan.

In addition, the ubiquitous behind-the-scenes hero artificial intelligence, as well as the robots active in the front line, will also be blown to the wind again by the east wind of the Beijing Winter Olympics, especially the disinfection robots, service robots and epidemic prevention robots, etc. After the Winter Olympics, it is expected that Large-scale promotion into daily life.

From the first use of electronic timekeeping in the 1912 Stockholm Olympics, to the first TV broadcast of the 1936 Berlin Olympics, to the opening of the world’s first high-speed rail on the eve of the Tokyo Olympics in 1964, we have seen that the opening of the Olympic Games is always accompanied by new The birth of scientific and technological achievements.

We also have reason to believe that these scientific and technological achievements of this Winter Olympics will move from the arena to daily life, and with the blessing of capital, they can become new highlights of public life.