Core Viewpoint - The article highlights the rise of the Zhejiang University (ZJU) entrepreneurial ecosystem, showcasing multiple companies founded by ZJU alumni that are preparing for IPOs, indicating a significant trend in innovation and entrepreneurship originating from this institution [1][6][10]. Group 1: ZJU Alumni and Their Companies - XianGong Intelligent recently submitted its IPO application to the Hong Kong Stock Exchange, with its founders being ZJU alumni who have previously won the RoboCup world championship [1][3]. - Qunhe Technology, another ZJU-founded company, is known for its home design software "Cool Home," which has a market share of 70% and is also pursuing an IPO [4][6]. - Other notable companies include Sikan Technology and Panxing Zhizhi, both led by ZJU graduates, further emphasizing the entrepreneurial spirit within the university [4][6]. Group 2: ZJU's Entrepreneurial Environment - ZJU is recognized as "China's university with the highest entrepreneurial rate," with a significant number of alumni managing or controlling over 327 listed companies and 33 unicorns as of April 2025 [6][10]. - The university's educational approach, particularly in the ZJU Zhuke College, encourages interdisciplinary studies, fostering innovation among students [10][11]. - The integration of research and industry at ZJU has led to successful collaborations with companies like Geely and Hikvision, enhancing the practical application of students' projects [11][12]. Group 3: Innovation and Market Impact - The article notes that ZJU alumni are making significant impacts across various sectors, including information technology, high-end manufacturing, and biomedicine, contributing to the university's reputation as a breeding ground for successful entrepreneurs [6][7]. - The city of Hangzhou, where ZJU is located, has been actively promoting innovation and entrepreneurship, with substantial financial support directed towards emerging industries [12][13]. - The rise of companies like DeepSeek and others in the robotics sector illustrates the university's role in redefining technological boundaries and contributing to China's technological advancement [10][12].