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Ushering in New Era of Big Meteorological Data Jointly by Li Yuan Venture Capital and Chen Qing Technology
Release time:2016-05-09

In the afternoon of April 29, an Investment Agreement was formally concluded by and between Li Yuan Venture Capital and Hangzhou Chen Qing Industry Technology Co., Ltd. ( "Chen Qing Technology"), from which the latter won strategic investment of ten millions of venture capital.

As the first private high-tech enterprise in Zhejiang Province which engages in professional meteorological service, Chen Qing Technology is committed to providing services to the government body, industry and the public with the aim to deeply tap commercial value of meteorological data and to become the biggest provider of meteorological service in East China. The team members are mainly composed of high-level of overseas students and several Tsinghua Doctors.

Li Yuan Venture Capital holds optimistic view about big meteorological data because it will have large-scale and in-depth application in the industry. Relying on own technological strength of meteorological service, Chen Qing Technology will play an important role in prevention and mitigation of the disaster. So Li Yuan will give a stronger impetus to Chen Qing for active layout and heading for weather market in a comprehensive manner.

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