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On November 16, 2018, the 2nd“Litao One Cup”Innovation and Entrepreneurship Competition of Liby Group was officially launched in Chestnut Valley Incubator. Famous incubation platforms, provincial and municipal industry associations and incubator strategic partners from across the country witnessed the grand occasion. Sui Zhiqiang, Deputy Secretary General of China Technological Entrepreneurship Association of the Ministry of Science and Technology Torch Center, Chen Zebin, co-CEO of Liby Group and General Manager of Guangzhou Chestnut Valley Incubator Co., Ltd., Zhong Xiuxia, Deputy Head of the Organization Department of Liwan District Committee, Li Liang, Deputy Director General of Commerce and Information Bureau of the Science and Technology Industry of Liwan District, Chen Yu, Chairman of Guangzhou High-Tech business Incubator Association, Yu Leiling, CEO and Secretary General of Guangdong Daily Chemical Association, Kuang Guozhi, Section Chief of Guangzhou Youth Employment and Business Incubation Center, Wang Xuefeng, Secretary General of Guangzhou High-Tech Business Incubator Association, and Zhang Yinpei, Deputy General Manager of Guangzhou Chestnut Valley Incubator Co., Ltd., attended the activity.

（(Chen Zebin, co-CEO of Liby Group and General Manager of Guangzhou Chestnut Valley Incubator Co., Ltd. addressed a speech)

General Manager Chen Zebin pointed out that: “Litao One Cup” Innovation and Entrepreneurship Competition was an important measure proposed by Liby Group in response to the government’s call of “popular entrepreneurship and popular innovation” and in order to enhance future sustainable development capacity. “Litao One Cup” Innovation and Entrepreneurship Competition is sponsored by Liby Group and undertaken by Liby Group Chestnut Valley Incubator yearly. In the competition, we will integrate innovation and entrepreneurship elements, gradually expand to smart cleaning products and high-quality consumables using “incubation+ investment” mode, Liby Group’s ecological industry resources and Chestnut Valley’s venture capital fund, through lean incubation service and with fabric and tableware detergents as the core, form a synergistic effect and build an innovation and entrepreneurship ecosphere for daily chemical and FMCG industries.

(Sui Zhiqiang, Deputy Secretary General of China Technological Entrepreneurship Association of the Ministry of Science and Technology Torch Center, addressed a speech)

Deputy Secretary General Sui Zhiqiang said: “For years, Liby Group has adhered to the idea of innovation, invested a lot of energy, manpower and material resources in building its own research institute and first-rate laboratory and cultivated a group of innovative scientists. Since last year, Liby Group has founded Chestnut Valley Incubator, which not only can gather a great many projects relating to daily chemical industry and make quality projects a part of the daily chemical industry chain, but also can form a daily chemical industry park and the entire industrial ecology through agglomeration of daily chemical industry.” Not only can “Litao One Cup” Innovation and Entrepreneurship Competition promote the development of Chestnut Valley Incubator, but quality projects and enterprises can grow quickly by virtue of advantages and resources of Liby Group. We deeply hope to see more and better projects in the 2nd “Litao One Cup” Innovation and Entrepreneurship Competition this year. China Technological Entrepreneurship Association will also give assistance to the 2nd “Litao One Cup” Innovation and Entrepreneurship Competition using its own resources in the hope of a complete success.”

In the opening ceremony, referrers, projects and departments thereof of the 1st “Litao One Cup” Innovation and Entrepreneurship Competition were commended. Huang Yuwen from the Channel and Marketing Department, Li Chunzi from the HR and Administrative Department, Li Zhouhong from Liby University, Li Jinxin from Guangzhou Fukai Real Estate Development Co., Ltd. and Wu Liang from Kaisheng Investment Office won the award for internal referrers. Chen Wendiao’s team, Wang Jun’s team, Luo Yong’s team, Wang Jun’s team, Gao Jia’s team, Chen Yanxi’s team and Zhou Wenjie’s team won the award for internal projects. Innovation and R&D Center, Marketing Department, Personal Cleanliness Business Department and Maanshan Hydrolysis Plant won the award for internal departments.

“one杯”After a series of selections and fierce competition, 2 projects won the third prize and 4 won the second prize in the 1st “Litao One Cup” Innovation and Entrepreneurship Competition in 2017. Sui Zhiqiang, Deputy Secretary General of China Technological Entrepreneurship Association of The Ministry of Science and Technology Torch Center presented the third prize.

(Chen Zebin, co-CEO of Liby Group and General Manager of Guangzhou Chestnut Valley Incubator Co., Ltd., presented the second prize)

The founding of Liby Group Chestnut Valley Incubator cannot be separated from tutor’s hard work and strong support. Chen Zebin, co-CEO of Liby Group and General Manager of Guangzhou Chestnut Valley Incubator Co., Ltd., issued the appointment letter to tutors of Chestnut Valley Incubator, including Zhang Yaohui, President of Ji'nan University School of Innovation and Entrepreneurship, Chen Shan, President of Guangdong Chuangda Hongyuan Science and Technology Co., Ltd., Chen Bin, founder of Guangzhou Jurenhui Technology Information Consulting Co., Ltd., Zhu Xiaoyu, CRO/partner of Shenzhen Qianhai Fuyongyu Capital Management Co., Ltd., Zeng Hui, doctor of Sun Yat-Sen University School of Chemistry and Chemical Engineering, and Cao Xiaofeng, Deputy Director of China Research Center of Business and Equity of Middle and Small-sized Enterprises.

Sui Zhiqiang, Deputy Secretary General of China Technological Entrepreneurship Association of the Ministry of Science and Technology Torch Center, and Chen Zebin, co-CEO of Liby Group and General Manager of Guangzhou Chestnut Valley Incubator Co., Ltd., launched the 2nd “Litao One Cup” Innovation and Entrepreneurship Competition.

Leaders and guests from Liwan District Industrial Park Alliance, Liwan District Innovation and Entrepreneurship Industry Center, Guangzhou Scientific & Technological and Financial Service Center, Hanhai Holding Group, Ji'nan University, South China Agricultural University, Guangdong University of Technology , Guangzhou University, Guangzhou Industrial Design Association, Guangzhou Leading Talent Association, Guangzhou Industry Association Intellectual Property Border Protection Alliance, Fuke Startup Mansion, 6CIT Popular Innovation and Entrepreneurship Space, T Space, Guangdong Venture Factory, Qixi Creative Industry Park, 1850 Creative Industry Park, SK Science and Technology and South China University of Technology Science Park also attended the opening ceremony.

The 2nd “Litao One Cup” Innovation and Entrepreneurship Competition was sponsored by Liby Group under the guidance of China Technological Entrepreneurship Association, Guangdong High-tech Business Incubator Association, Guangzhou Youth Employment Business Incubation Center, Guangzhou High-tech Business Incubator Association, Liwan District Science & Technology, Industry, Commerce and Information and Liwan District Talent Office. Specialized innovation and entrepreneurship competition of the Chinese daily chemical industry undertaken by Liby Group Chestnut Valley Incubator is an innovation and entrepreneurship brand activity of the daily chemical industry sponsored by Liby Group and an investing activity intended for talents and technologies of the daily chemical industry. The winner can obtain venture capital fund and industrial resources valued a hundred billion from Liby Group (such as global supply chain, 13 production bases and more than 1.2 million terminal channels across the country). The competition was publicized as of November 16, 2018 and the registration deadline was February 20, 2019. Fabric detergent, tableware detergent and augmented product enterprises of daily chemical and FMCG industries were welcome to attend.