Piao Shilong extended a warm welcome to all attending guests and expressed gratitude to leaders and friends from all sectors for their enduring support of Peking University’s scientific and technological achievements transformation. He emphasized that since the 18th National Congress of the Communist Party of China, the Central Committee with Comrade Xi Jinping at its core has prioritized scientific innovation and achievements transformation. Both high-level research universities and leading technology enterprises play pivotal roles in this endeavor. For years, Peking University has adhered to a dual-track approach of "goal-oriented research and free exploration" to enhance original and independent innovation capabilities. The university has refined its mechanisms for transforming scientific achievements, establishing a full-chain transformation system; strengthened university-local government and university-enterprise collaborations; and fostered an open ecosystem where diverse innovators co-create and share resources. The establishment of INNO-YES Incubator is a key initiative under Peking University's "Year of Scientific and Technological Innovation", deepening industry-academia-research collaboration to serve the development of new quality productive forces. Moving forward, the university will consolidate high-quality resources both on and off campus, elevate professional services for achievements transformation, and provide robust support for scientists and innovators.

Piao Shilong extended a warm welcome to all attending guests and expressed gratitude to leaders and friends from all sectors for their enduring support of Peking University’s scientific and technological achievements transformation. He emphasized that since the 18th National Congress of the Communist Party of China, the Central Committee with Comrade Xi Jinping at its core has prioritized scientific innovation and achievements transformation. Both high-level research universities and leading technology enterprises play pivotal roles in this endeavor. For years, Peking University has adhered to a dual-track approach of "goal-oriented research and free exploration" to enhance original and independent innovation capabilities. The university has refined its mechanisms for transforming scientific achievements, establishing a full-chain transformation system; strengthened university-local government and university-enterprise collaborations; and fostered an open ecosystem where diverse innovators co-create and share resources. The establishment of INNO-YES Incubator is a key initiative under Peking University's "Year of Scientific and Technological Innovation", deepening industry-academia-research collaboration to serve the development of new quality productive forces. Moving forward, the university will consolidate high-quality resources both on and off campus, elevate professional services for achievements transformation, and provide robust support for scientists and innovators.

Yao Weihao introduced achievements transformation system of PKU. He stated that, under the university's guidance and support, the Office of Science and Technology Development, Peking University, as a professional technology transfer institution, has established a high-efficiency one-stop management system for achievements transformation through years of development. Regarding upgrading achievements transformation in the new era,he proposed three key directions: Further refine the university's achievements transformation support chain, providing high-quality, full-process services to help scientists cultivate new quality productive forces; Further converge external professional resources (especially alumni resources based on Peking University's global network) to empower university achievements transformation; Further deepen the integration of innovation chain, industry chain, capital chain, and talent chain, building a new ecosystem for university achievements transformation.

Following preliminary deliberations, the Office of Science and Technology Development, Peking University and the Office of Peking University Alumni Association jointly proposed the establishment of INNO-YES during the 2025 "PKU Science and Technology Innovation Year". This initiative aims to build a systematic, professional, branded, and international innovation service platform for the PKU community, representing a key measure in the university’s reform to deepen the "high-efficiency one-stop management" of achievements transformation. As an integral component of this ecosystem, INNO-YES Incubator will provide pivotal support and coordination for Peking University's achievements transformation efforts, striving to become a benchmark model for high-quality incubators in the new era.

During the event, Li Wensheng, Director of the Alumni Affairs Office of Peking University, Vice President and Secretary-General of the Peking University Alumni Association, and Yao Weihao unveiled the plaque for INNO-YES Incubator. Bao Xiaochen, Deputy Governor of ICBC Beijing Branch; He Jingwei, Chairman of Beijing Innovation Industry Investment Co., Ltd.; Xiao Yuan, Deputy Director of Peking University Health Science Center and Chairman of the PKU-IICSH; Yang Guohua, Deputy Party Secretary of The Chinese University of Hong Kong(CUHK), Shenzhen; Han Shi, Executive Vice President and Chief Operating Officer of Zhaotai Group; and Wang He, Assistant Prof.of Peking University and Founder & CTO of Galaxy General Robotics, jointly took the stage to witness the unveiling ceremony.

Following this, the inaugural Yanyuan International Sci-Tech Innovation Competition was officially launched. As a comprehensive competition and service platform focused on early-stage projects in hard tech sectors, the Competition is committed to identifying cutting-edge technologies and innovative talents through a global perspective, with a particular focus on fields such as artificial intelligence, biomedicine, new materials, and new energy. By providing professional services and facilitating international resource matching, it offers a global stage for science and technology innovation projects to showcase achievements and connect with resources.

At the unveiling ceremony, relevant entities of INNO-YES and their partners signed agreements on-site, marking the start of a new chapter in collaborative development. The Office of Science and Technology Development, Peking University and PKU-IICSH respectively signed strategic cooperation intention agreements with the Knowledge Transfer and Entrepreneurship Office of The Hong Kong Polytechnic University(HKPU) and the Innovation and Entrepreneurship Office of The Chinese University of Hong Kong, Shenzhen. PKU-IICSH also signed a strategic cooperation agreement with Zhaotai Group. Subsequently, INNO-YES Incubator entered into a strategic cooperation agreement with Yanyuan Sub-district of Haidian District. It signed agreements with Beijing Venture Capital, Shanghai Sci-Tech Innovation Group, Guangzhou Financial Holdings Fund, Shenzhen Angel Mother Fund, China Securities Co., Ltd., and Huatai United Securities to establish them as "first-batch strategic partners". It also signed agreements with ICBC Beijing Branch, China CITIC Bank Beijing Branch, Han Kun Law Offices, Guantao Law Firm, New Nest Innovation Center, Peking University Entrepreneurship Training Camp, Sino-Singapore Internet 3.0 Innovation Incubation Center (Singapore), and Lita Innovation Think Tank to designate them as "high-quality incubation service partners". Additionally, it signed agreements with Weifan Intelligence, Smart Infinity, YXME(燕芯微), and Meiyin Intelligence for their "first-batch settled projects".

This event also specially invited three guests from Peking University's technology achievement transformation enterprises, investment institutions, and the capital market, who will share their practical experience and strategic insights in the process of scientific and technological innovation achievement transformation from different perspectives respectively.

Zhao Yuli, Chief Strategy Officer of Beijing Galbot Co.,Ltd, shared and exchanged insights on the exploration and reflections regarding the era of humanoid robot productivity with the audience. She first introduced Beijing Galbot Co.,Ltd, an innovative enterprise focused on the research and development of embodied intelligent large models and humanoid robots. Based on its independently developed end-to-end VLA large model (covering visual perception, language interaction, and precise task execution), the company is committed to enabling humanoid robots to achieve autonomous reasoning and generalized work capabilities, which is crucial for truly empowering various industries and making humanoid robots a helpful assistant to humans. Zhao Yuli also pointed out that the core challenge in the current development of embodied large models lies in data scarcity. Galaxy General has innovatively proposed and implemented a solution – a full-stack technology system for embodied large model robots driven by simulated synthetic data – and significant breakthroughs have been achieved in this research. The company's robot Galbot G1, equipped with the GroceryVLA end-to-end embodied large model, has taken the lead in being deployed in commercial scenarios. Through extensive cooperation with retail industry partners, it plans to open 100 unattended retail stores within the year. Meanwhile, Galaxy General has also open-sourced OpenWBT, the industry's first easy-to-deploy, multi-robot, and virtual-real cross-integrated full-body teleoperation system for humanoid robots, which greatly lowers the threshold for full-body data collection of humanoid robots. Looking ahead, Galaxy General Robotics hopes to engage in more exchanges and cooperation with partners from all sectors to jointly advance the development of new-quality productivity in humanoid robots and work together with everyone to build 2025 into the "First Year of Humanoid Robot Productivity".

Wei Fanjie, General Manager of Shanghai Future Industry Fund, delivered a keynote speech titled Exploring the Construction of a New Model for Institutionalized Incubation and Investment. He mentioned that Shanghai Future Industry Fund, affiliated with Shanghai State Owned Capital Investment Co., Ltd, is a fund of funds (FOF) focusing on investing in early-stage projects in cutting-edge scientific fields with significant strategic importance. With a scale of RMB 10 billion, the fund is dedicated to promoting the transformation of "0-to-1" original innovations in Shanghai and across China. Based on his understanding of the development of disruptive innovation, Wei Fanjie proposed three positioning goals for Shanghai Future Industry Fund:First, it serves as "patient capital," aiming to drive the transformation of scientific and technological achievements from the "0-to-1" stage.Second, it seeks to build a global talent community. By leveraging the FOF as a link, it connects the top-tier expertise and capabilities of scientists, entrepreneurs, innovators, project managers, and investors on a unified platform.Third, it aims to establish an open innovation platform. Built on the foundation of the FOF, the platform will facilitate interdisciplinary, cross-field, and cross-platform collaboration. It will join hands with venture capital institutions to advance the concept verification of disruptive innovations, with the aspiration to explore more new paradigms and models suitable for the development of China's science, technology, and industries.

Jiang Yu, Chairman of Huatai United Securities, delivered a keynote speech titled The Capitalization Path for China's Sci-Tech Innovation Enterprises, which conducted an in-depth analysis of the key trends and structural opportunities in the global and Chinese capital markets. Jiang Yu pointed out that since 2025, the global capital market pattern has undergone significant changes: the Hong Kong stock market has delivered outstanding performance, leading major global stock indices, and its financing function has taken the lead in recovering. Notably, companies in the technology and emerging industries have become core targets of global capital flows, guiding market trends. At the same time, the activity and attractiveness of the Hong Kong market have been greatly enhanced, and Hong Kong has become an important strategic highland for gathering high-quality Chinese assets. Focusing on the A-share market, Jiang Yu judged that it has entered a "new stage" of development, and an era characterized by the optimization and integration of stock resources is approaching. Looking ahead, Jiang Yu clearly emphasized that sci-tech innovation and industrial transformation and upgrading will be the core theme running through the development of China's capital market. Whether it is the vitality of the domestic and overseas equity financing markets or the in-depth integration of the M&A and restructuring market, all will revolve closely around the core goal of serving the high-quality development of the national economy. The capitalization path of China's innovative enterprises will embrace broader space in the new global cycle.

Before the official start of the event, some participating leaders and guests also visited INNO-YES display wall on the 2nd floor of Dinghao Building and the Phase I incubation space of "INNO-YES Incubator" on the 7th floor.

The unveiling of INNO-YES Incubator represents a key exploration by PKU-IICSH to proactively introduce market-oriented mechanisms and advance the path of translating scientific and technological achievements into practical applications. Looking ahead, under the guidance of the Office of Science and Technology Development, Peking University and with the support of Peking University alumni and "Friends of Peking University," INNO-YES Incubator will pursue the goal of "fostering a first-class ecosystem to serve a powerful country in science and education." It will strive to leverage its professional service capabilities as a platform for undertaking the transformation of scientific and technological achievements, strengthen ecosystem development, and actively support and collaborate with Peking University in converting its talent resources and innovation resources into industrial advantages and development advantages. Furthermore, it will provide high-quality incubation services for more scientists to innovate and start businesses, actively cultivate new-quality productivity, and make new and greater contributions to the national strategy of innovation-driven development.