On September 24, 2021, the finals of the “6th Shaoxing China Global Innovation and Entrepreneurship Contest of High-Level Talents” were successfully held in Shaoxing, China. Organized by the CPC Shaoxing Municipal Committee and the Shaoxing Municipal People’s Government, the event showcased 18 high-tech projects with promising business prospects, selected from four sub-contests and one semi-final. After intense competition, Coolingstyle advanced to the finals, which were broadcast live by Phoenix Zhejiang and attracted nearly 500,000 online viewers.
As one of the largest and most influential talent attraction initiatives in Shaoxing, the competition received widespread attention from top-tier talent globally. Since its official announcement in May, the event registered 309 talent projects within just four months, with over 70% of the projects led by participants with overseas backgrounds. Impressively, 90% of the entries were helmed by individuals holding master’s degrees or doctorates.
During the finals, each project was allocated 7 minutes for presentation, followed by a 5-minute Q&A session with the judges. Projects were evaluated on five key criteria: team capability, technological innovation, project feasibility, industrialization prospects, and implementation potential. Scores were calculated using a hybrid approach: the average score from the main jury accounted for 90%, while public jury scores contributed 10% after eliminating the highest and lowest scores. Based on these evaluations, two first prizes, four second prizes, and six third prizes were awarded.
Coolingstyle earned second prize with its innovative project, “Micro DC Inverter Compressor-Based Multi-Domain Special Micro-Environment Precision Temperature Control Technology and Products.”
As a talent-driven project, Coolingstyle will establish a holding subsidiary, Coolingstyle Technology (Zhejiang) Co., Ltd., in Shaoxing, Zhejiang. With a registered capital of 15 million RMB, the subsidiary will anchor Coolingstyle’s operations in the Yangtze River Delta region, enhancing service delivery to clients in Suzhou, Shanghai, and Hangzhou.
