BEIJING, Sept. 21, 2021 /PRNewswire/ -- Baidu, Inc.
(NASDAQ:BIDU and HKEX:9888), a leading AI company with strong
Internet foundation, and China Gas Holdings Ltd. (HKEX: 384),
a leading gas operator and service provider in China, have inked a strategic cooperation
agreement to drive digital and intelligent transformation in the
energy and power sector with innovative solutions based on Baidu AI
Cloud. The companies will also explore business opportunities that
contribute to achieving a peak in carbon emissions and ultimately
With a global focus on smart energy and environmental
protection, cloud and AI technologies are emerging as invaluable
technologies for enhancing efficiencies, unlocking value, and
reducing carbon footprints. Under the first stage of their
partnership, worth RMB 936 million
yuan, Baidu will expedite China Gas' move to the cloud and harness
its AI capabilities to build customized applications including
smart monitoring, smart scheduling, gas usage prediction, and smart
"With over 40 million users, China Gas has its sights set beyond
gas to new AI technologies and services for public benefit," said
Yong Huang, executive president of
China Gas. Huang spoke highly of Baidu as a well-respected
technology company with forward-looking investment and outstanding
results in the field of AI.
"We are in a golden era in which digital technology and
traditional industries are deeply integrated," said Haifeng Wang, Baidu's Chief Technology Officer.
"Baidu AI Cloud will leverage its competitive advantages to enable
digital transformation, accelerate intelligent upgrades, and
empower thousands of industries that drive the national economy and
support people's livelihoods and society's well-being."
Key details from the strategic partnership include that both
- Set up the China Gas Digital Technology Committee to
incorporate industry practices as industry standards.
- Incorporate initiatives from Baidu into China Gas to train
professionals and management specialized in digital transformation,
including "AICA – AI Chief Architect Development Program".
- Establish advanced digital management systems for China Gas,
including proprietary cloud, AIoT, big data, and AI middle
- Expand the "one city, one network" business with the assistance
of AIoT, inspection robots, smart energy, and industry apps.
- Creating an ecosystem that draws enterprises like home
appliance makers, automakers, property operators, and manufacturers
in large industrial parks.
- Participating in the process of developing standards for carbon
emissions peaking and neutrality while deepening cooperation with
governments and enterprises.
As one of the top four cloud infrastructure providers in
China, according to Canalys, Baidu
AI Cloud offers a full suite of cloud services and solutions
differentiated with AI solutions. In July, 2021, Baidu AI Cloud
executed a significant upgrade setting it up for success working
across different industries, including Internet, media, telecom,
financial services, transportation and logistics, education and
About China Gas
China Gas Holdings Limited ("China Gas", stock code: 384.HK) is
one of the largest trans-regional comprehensive energy suppliers in
China engaged in investment and
construction, operation and management, warehousing and logistics,
trading and distribution businesses of various gas and new energy
projects. The Group, with piped natural gas as major business, has
managed to build a comprehensive scope of business that includes
liquefied natural gas, compressed natural gas, liquefied petroleum
gas, natural gas thermoelectricity, distributed energy, energy
management, value-added service, equipment manufacturing, etc.
Founded in 2000, Baidu's mission is to make the complicated
world simpler through technology. Baidu is a leading AI company
with strong Internet foundation. Baidu is traded on the NASDAQ
Global Select Market under the symbol "BIDU", and on the main board
of the Hong Kong Stock Exchange under the stock code "9888".
Currently, one ADS represents eight Class A ordinary
SOURCE Baidu, Inc.