The Shanghai Juyuan Science and Technology Park is an innovative technology cluster dedicated to key industries such as the Internet of Things (IoT), new materials, and information technology. The park is home to the Shanghai IoT Center, which leverages the research and development capabilities, research achievements, and talent pool of the Shanghai Institute of Microsystem and Information Technology (SIMIT) under the Chinese Academy of Sciences. It actively attracts a wide range of IoT R&D, demonstration, and industrialization projects to the area, with the goal of establishing itself as the most competitive core hub for the Shanghai IoT industry and an internationally influential IoT innovation base.