Universities are the source of innovation, and the overseas student entrepreneurship park built on the basis of universities is an important component of the overseas returnee incubator, playing an important role in the overall innovation and entrepreneurship services of universities.

      The newly renovated office space of Beijing Institute of Technology Liuchuang Park, located in the hinterland of Zhongguancun Science City on Zhongguancun South Street, has been officially put into use since 2021. The fully functional shared office space enhances the office environment and experience for the resident enterprises. In July 2003, Beijing Institute of Technology and Zhongguancun Management Committee jointly established the Beijing Institute of Technology Innovation Park. Nowadays, after more than 20 years, more than 330 overseas student enterprises have been incubated here, becoming one of the demonstration parks in the university innovation park.

In 2023, Zhou Mingyue, who obtained a PhD in Materials Science from the National University of Singapore, founded Hengchu Ruineng Technology Co., Ltd. in Beijing.

      This is a startup team dedicated to developing flow battery energy storage systems, which achieves high energy density through solid-liquid hybrid energy storage technology. This new type of battery is mainly used on the grid side and distributed energy storage, meeting the needs of high safety, low cost, and long lifespan, and will provide basic services for the new power system.

The team currently consists of 8 full-time members who are fully focused on conducting trial runs and testing of a 20 kWh system prototype, hoping to bring the technology "out" of the laboratory.

     This young team won the Excellence Award in the New Energy and Energy Conservation category at the 2022 Chunhui Cup, taking the first step towards entrepreneurship. It was also during that competition that they gained the attention of the Beijing Institute of Technology Innovation Park and successfully attracted residents to settle in.

In less than two years, Zhou Mingyue, who has a background in scientific research, is undergoing a profound 'identity transformation'.

     Compared to doing interest based development in an ivory tower, entrepreneurship requires more attention to how products can be practically applied, meet customer needs, and control supply chain costs. In addition, entrepreneurship also involves many challenges such as financial management, and for researchers, they need to adapt to the role of managers. "Zhou Mingyue said that in order to cope with these challenges, he chose to collaborate with partners with complementary personalities to jointly promote projects. While focusing on product development, they also realized the importance of market expansion and customer relationships.

    As the function of the Liuchuang Park shifts from a simple incubator to talent cultivation, the importance of high-quality parks for the growth of entrepreneurial enterprises is becoming increasingly prominent. Perhaps, after taking the first step of talent introduction, how to continue to deepen the work of cultivating and utilizing talents will become the key to the "second half competition" of the Liuchuang Park.