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Singaporean Company Tetmon Interview: Chongqing is a Treasured Land

By VIVIAN YAN|Nov 23,2020

Chongqing- iChongqing had an exclusive interview with Hu Yinghan, Founder and Chairman of Tetmon, during the 2020 Chongqing Talents Conference. And the 2020 Chongqing Unicorn Summit was held at Chongqing Yuelai International Convention Center on November 21. 

The 2020 Chongqing Unicorn Summit was held at Chongqing Yuelai International Convention Centre on November 21.

He thought that Tetmon should seize Chongqing's new opportunities up to the outside world as a unicorn company and help the city develop into an industrial Internet center.

Hu Yinghan, Founder and Chairman of Tetmon.

According to Hu, Tetmon is a well-known Singaporean fintech company specializing in technology innovation, database solutions, organization, and the normalization of technologies. The company provides end-to-end database and AI solutions with specialization in last-mile integration, particularly for financial institutions in Southeast Asia. 

“In fact, unicorn companies play an important role in the digital economy. They also serve as a key in promoting technological innovation and accelerating industrial transformation,” said Hu. He continued, Tetmon and many other Singaporean companies are particularly grateful to platforms such as the Talents Conference to discuss how to cooperate with unicorn companies in Chongqing to achieve results.

In addition, Hu shared three ways for Chongqing to speed up the construction of the industrial Internet. The first way is called “nuclear high-level” innovation, where it refers to a core, high-tech, fundamental and basic innovation; the second way is a high degree of attraction on talents, based on the fact that the industrial Internet system is complex, and it requires talents to sort out their ideas; the third way is to create a flourishing entrepreneurship ecosystem, through establishing inter-departmental cooperation between governments and enterprises, to achieve interlinked effects.

Hu Yinghan shared three ways for Chongqing to speed up the construction of the industrial Internet.

"Chongqing must first select ideal in-depth technical fields and formulate attractive policies for those companies,” said Hu. “I always think Chongqing is a treasured land. It posses loads of advantages, specifically in industrial Internet, industrial upgrading, vehicle manufacturing, DIY, and new financial technology.” He believes Chongqing should continue to work on those highlights and introduce more and more foreign companies to settle in.

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