Peking University, Beijing, Nov. 19th, 2008: Two entrepreneurial teams "Insulin Biotechnology Co., Ltd." and "Green Sunshine Technology Co., Ltd." won the gold and silver awards respectively, in the final of the sixth "Challenge Cup" Chinese University Students' Entrepreneurial Plans Competition held in Sichuan University from November 15th to 19th. In addition, another team from PKU, "Sea Environmental Water Treatment Technology Co., Ltd.," won a bronze medal in the competition. Zheng Qingwen and Liu Gang, deputy secretaries of the PKU Communist Youth League, and Yu Ming, acting director of the Academic Scientific Innovation Office of PKU Communist Youth League led teams to participate in the finals.

"Challenge Cup" Chinese University Students' Entrepreneurial Plans Competition is a national event, held every two years by the Communist Youth League Central Committee, China Association for Science and Technology, the Ministry of Education, the National Federation of Students. In order to actively prepare for the sixth "Challenge Cup", the Communist Youth League of PKU and Office of "Challenge Cup" Science and Technology project had selected three projects from more than 20 outstanding works in the eighth and ninth PKU Students' Entrepreneurial Plans Competition to participate in this contest.

The entrepreneurial team of "Insulin Biotechnology Co., Ltd.", whose main business was the production and operation of Ganoderma lucidum expressing oral insulin to fill the oral insulin production gaps and bring good news for diabetics treatment, consisted of seven PKU students from College of Life Sciences, Guanghua School of Management and Department of Chinese Language and Literature, respectively.

The entrepreneurial team of "Green Sunshine Technology Co., Ltd.", consisted of six PKU students from School of Physics, Guanghua School of Management, Institute of Computer Science & Technology, and Law School. It had the key technology of a high-power LED white light transformation and an effective solution to the problem of high-power LED cooling, and was committed to the development of a more powerfrugal green light source. The two teams had done active exploration in the emerging field, and concerned about the reality, demonstrating PKU students’ spirit of innovation and abilities of conducting scientific research.

Edited By: Seren

Translated By: Chen Zhenxia

Source: PKU News (Chinese)