On October 23, the final game of the 5th Guangzhou venture capital week "championship summit competition" - the 10th China Innovation and Entrepreneurship Competition (Guangdong Guangzhou Division) and the 6th Yangcheng "science and technology innovation cup" innovation and Entrepreneurship Competition (hereinafter referred to as the "competition") growth group industry finals opened in Guangzhou (International) Tianhe base for transformation of scientific and technological achievements.

This competition is the seventh time that Guangzhou has set up an independent competition area, and at the same time, the 5th Guangzhou venture capital week has been held continuously. This year's competition continued to implement linkage innovation mechanisms such as "investment for evaluation", "competition for evaluation" and "balance subsidy", which attracted 2667 Guangzhou Science and technology enterprises to participate. After the online review of the preliminary competition, 996 enterprises entered the semi-finals, of which 611 enterprises emerged and successfully entered the semi-finals of the Guangzhou competition area. After 11 days of competition during the venture capital week, 48 top technology enterprises finally emerged and successfully entered the final of the growth group of the competition.

The final of the six industry growth groups of the competition adopts the "8 + 2" on-site defense mode. Six groups of events were held in succession. The participating enterprises shall make 8-minute self statement and 2-minute defense. The judges rated the enterprises from the aspects of technology and products, business model and implementation plan, industry and market, team, financial analysis, etc. more than 30 well-known investors participated in the review to empower the final enterprises and the first, second and third prizes and winning prizes of the six major industries in the Guangzhou competition area.

Guangzhou Liuhuan Information Technology Co., Ltd. participated in the competition for the first time. After more than three months of preparation and efforts, it finally won the third prize in the final of the new energy vehicle field growth group of the 10th China Innovation and Entrepreneurship Competition (Guangdong Guangzhou Division) and the 6th Yangcheng "science and technology Innovation Cup" innovation and entrepreneurship competition.