On the afternoon of November 23rd, the Global Finals and Awards Ceremony of the 2023 China Qingdao Overseas Students Innovation and Entrepreneurship Competition was successfully concluded at the Integrated Media Center in Shinan District, Qingdao.

The competition is jointly organized by the Organization Department of the Qingdao Municipal Party Committee, the Qingdao Municipal Finance Bureau, the Qingdao Municipal Human Resources and Social Security Bureau, and the Shinan District Committee and Government of Qingdao. Its aim is to gather and integrate various resources and elements from home and abroad, stimulate the innovation and entrepreneurship vitality of overseas returnees, and build a high-quality platform for overseas returnees to showcase, enhance, and connect with each other in Qingdao.

This competition is divided intoThe overseas competition area of "Hai · Ju Qingdao" and the domestic competition area of "Study and Create Qingdao" jointly solicit innovative and entrepreneurial projects for overseas students worldwide235, with the highest number of projects collected in previous competitions. Among them, the overseas competition area has collected 130 individual and team projects from nearly 80 universities in more than 30 countries who have not yet returned to China to start their own businesses, while the domestic competition area has collected 105 projects from Chinese mainland and Hong Kong and Macao students who have started their own businesses.

After intense competition,Dr. Peng Chuantao, founder of Yuanda BiotechnologyThe project of "Targeting Functional Postbiotics Research and Industrialization" has been awardedSecond place in the Global Finals of the 2023 Qingdao International Student Innovation and Entrepreneurship Competition.

The China Qingdao Overseas Students Innovation and Entrepreneurship Competition has undergone years of iteration and upgrading, attracting thousands of high-level overseas talents to participate, including top international talents and leading talents at the provincial and municipal levels. At the same time, the competition system is becoming increasingly perfect, and the linkage resources are becoming closer. It has now formed a coverage of five continentsA collaborative network of entrepreneurial resources in over 40 countries and regions. Previous participating projects have gradually taken root in Qingdao and achieved rapid development through the competition platform,

Yuanda Biotechnology, as a leader in China's emerging raw materials, attaches great importance to technological innovation, and its research team is composed of32 PhDs，postdoctoral, graduate studentWe are one of the first teams internationally engaged in the research and industrialization of emerging elements.The company has successively won the Innovation Product Award from the Chinese Society for Food Science and Technology, as well as the China National Chemical Corporation.Gold Award in Shandong Postdoctoral Innovation and Entrepreneurship CompetitionHonors such as the Raw Material Innovation Award at the China Postnatal Science and Technology Conference. Yuanda Biotechnology will lead the healthy and rapid development of China's emerging industries, and promote the next stage of industrial innovation in the big health industry.