Exclusive: Sany Group’s IIoT Unit Co-Founder and CTO Resigns

ABOUT US

CX Tech is Caixin Global's real-time tech news portal, featuring 24-hour news, short-form analysis, and roundups from business and tech media in China.

TRENDING: ByteDance Targets July Launch of Upgraded AI Video Model; Embodied AI Startup Kunlunxing Lands Multibillion Yuan Raise; Europe Has a Lot to Learn From China About Electric Trucks, Volvo CTO Says

LATEST: Europe Has a Lot to Learn From China About Electric Trucks, Volvo CTO Says; Embodied AI Startup Kunlunxing Lands Multibillion Yuan Raise; ByteDance Targets July Launch of Upgraded AI Video Model; China’s Starlink Challenger Seeks Up to $2.2 Billion for Satellite Network Push; New Model Propels Zhipu AI’s Market Value to Record HK$1 Trillion; In AI Pitch, Alibaba Chairman Urges Europe to Look Beyond U.S. Tech; Cover Story: China’s AI Boom Is Rewiring Its Power Grid; In Depth: How AI Is Rewiring White-Collar Work in China; Chipmaker YMTC Cedes Control of Foundry Unit Ahead of Mega IPO; Chinese Startup Manifold AI Raises Fresh Funding as Investors Bet on ‘World Models’; Crealights Takes Step Closer to Hong Kong IPO as Data Center Boom Fuels Growth Prospects; Tencent Lets AI Agent Make Purchases Through WeChat Pay; Galaxea AI Chief Says China Could Lead Robotics Models Within Three Years; SiliconFlow Raises $294 Million as China’s AI Inference Demand Surges; Ant Revamps Alipay With AI Assistant in Biggest App Overhaul; New Model Sends Zhipu AI’s Stock Soaring; DJI, Insta360 File Competing U.S. Patent Lawsuits Over Camera Tech; Cover Story: When Employees Leave, Their AI Clones Carry on Working; AI Stocks Zhipu, MiniMax Slide as Lock-Up Expirations Near; Japan’s Chip Exports to China Surge as Bilateral Trade Rebounds

By Luo Guoping and Denise Jia / Jul 31, 2019 04:51 AM / Business & Tech

Photo: VCG

The co-founder and technology chief of Sany Group’s internet of things (IoT) unit resigned for personal reasons, according to people close to the company.

Liu Zhen, chief technology officer of Irootech Technology Co. Ltd., also declined an offer to be the parent company Sany Group’s senior vice president, Caixin learned from sources.

Sany Group, one of China's leading machinery equipment manufacturers, founded Irootech in 2016, becoming the first Chinese company to build an industrial internet of things (IIoT) platform.

Liang Wengen, founder and chairman of Sany Group, said earlier he hoped Liu could lead the group’s digital transition and act as president of a planned research institute.

Before joining Irootech in May 2018, Liu was chief technology officer at Logitech and the head of Microsoft China Innovation Group, in charge of Microsoft’s IoT and cloud services in China.

Sany Group and Irootech declined to comment on Liu’s departure.

Share this article

Open WeChat and scan the QR code