Recently, the 4th "Youth" Hunan Youth Innovation and Entrepreneurship Competition Business Group finals were successfully held and Hunan Xingyuan Intelligent Equipment Co. Ltd. elected by the Communist Youth League Chenzhou Municipal Committee won the third prize in this competition.

It was reported that the Hunan Youth Innovation and Entrepreneurship Competition is an important event in the field of innovation and entrepreneurship for young people in Hunan. The previous competition system has been changed in the form of groups (business group, modern agriculture and rural e-commerce group, Internet group, cultural entrepreneurship group) in the provincial completion for the first time. The competition lasted for four months, a total of more than 2,000 projects to participate in, covering 14 cities in Hunan Province. The business group covers environmental protection, new generation of information technology, biological, high-end equipment manufacturing, new materials, new energy vehicles and other hot industries.