On June 15, Xinwei Technology, in a strategic partnership with Geely Holding Group and the Li Shufu Public Welfare Foundation, rolled out the 'Geely·Xinwei Youth Innovation and Entrepreneurship Incentive Program'. This ambitious initiative earmarks a substantial investment of 500 million yuan, aiming to empower university student entrepreneurs by providing them with essential industrial resources and robust project startup support. The program casts a wide net, targeting not only current students (including graduate students) and alumni from universities within the Xinwei education ecosystem and its global partners but also welcoming applications from students of external institutions who form teams with students from within the system. This approach fosters a culture of cross-school and cross-disciplinary innovation.

The inaugural batch of projects under this program zeroes in on six key areas: AI and Embodied Intelligence, Smart Cockpit and Autonomous Driving, Green Energy and New Materials, Intelligent Manufacturing, Low-Altitude Economy and Commercial Space, as well as Mobility Services and Cultural Creativity. The investment spectrum spans from seed to angel rounds, ensuring comprehensive coverage and support for nascent ventures at various stages of development.