On November 5th, good news came from Wuhan, Hubei that Huatuo entrepreneurial group and "Duo Ruiduo group submitted by Business School had won silver award in the 13th Challenge Cup, a National Extracurricular Academic Contest of Scientific and Technological work for college students. Huatuo was instructed by ZhouHonghao, director of Clinical Pharmacology Institute in CSU, dean and chief professor of pharmacology, which is a national key discipline of CSU. Other advisors includes Li huadong, deputy secretary of party committee of CSU and XuXuemei, associate professor and doctoral supervisor.
Supported by the university and school, the team has overcome various difficulties from choosing the topic, investigating and research for three years, and carried out field research in pharmaceutical factories and partial medical agencies, which led to the final fulfillment of honor for the university after undergoing multiple ordeals.KeRuiduo was instructed by YouDaming, professor and secretary of the party committee of the school. The group members have developed a display instrument of surface veins, which could precisely position venous vessels of the human body and enhance the success rate of acupuncture through many trials and tests based on daily study and practice. Team members worked out a business proposal upon the very product under the supervision of Dr.YOU.
While preparing for the business, the team members participated in the race and established Korui Duo Technical Service Limited Corporation when time came in March 2014. In June 2014, the group, on behalf of the university, took the opportunity of participating in the “Entrepreneurship for the youth” College Student Entrepreneurship Competition in Hunan in 2014, and achieved the silver award by competing with national entrepreneurship programs for college students with aplomb and got through to the "Entrepreneurship for the youth" National Entrepreneurship PracticalChallengeContest for college students.
Recently, the author approached the Huatuo group to get a view of their story about starting up a business behind the competition.
Pursuing genuine knowledge and making aggressive innovation
Huatuo entrepreneurial group consists of ten members, who are Song Ziqin,XuZiren, Liulin, Wu Panpan, Li Ruoyi, ShenJiahao, Yan Bingchen, Zhou Ziao, Liu Yongbin and Zhang Xiunan, among whom there are eight people from School of Business. There are not only experienced seniors with rich experience in competition but also fledgling in the team, which constitutes undergraduates and masters. However, they have been cooperating and struggling for the competition with cordiality and activeness.
Firstly, team members after deliberation determined to establish a modernized enterprise responsible for research and development, manufacture and service of medicine safety detection device. Therefore, a topic was chosen named “Intelligent automatic transparent reagent detector enhances the precision and speed of reagent drug detection”. Soon after, they referred to the analysis system of economic operation in medicine of China and field research data of National Bureau of Statistics and the National Ministry of Commerce. Through scientific computing, the company has predicted the future market demand for liquid agent and applied market scale of automatic reagent medicine detection apparatus in China for five years to come. It is predicted that there will be 1,966 applied single products in the market, whose latent capacity is to reach 2.752 billion RMB.
Rising up to the challenge on an endless journey
Each journey is long and arduous, whether seen from the research time or the manufacturing process of “Intelligent automatic transparent reagent detector”. The strategic implementation of the company consists of three periods: inception period, growing period and mature period. During the first period, pharmaceutical manufacturers and partial medical agencies in Changsha, Zhuzhou and Xiangtan in Hunan are regarded as target clients by company members, who concentrate on direction service by relying on differential advantages of products and personalized customized service so as to earn a place in the medicine detection market in Chang-Zhu-Tan region.
When in growing period of market expansion, pharmaceutical manufacturers and medical agencies are treated as target clients in the Pearl river delta and Yangtze river delta, where pharmaceutical manufacturers are densely populated, and key marketing forces are consolidated; Meanwhile, the company seeks symbiotic marketing with competitors of the same industry in order to achieve resource sharing, common technical growth and an increase of market competitiveness. During the mature period, company members are stepping up consolidating domestic market and further marching into the foreign market; When the reagent medicine detection market approaches saturation, transition to avocation from main business is gradually realized in products and more efforts are made to promote the research and development of new instrument and apparatus like “component analysis of products” so as to achieve sustainable development.
Research outcomes come to perfection assisted by teachers
The school hastaken great effort on“Huatuo entrepreneurial group” in many aspects for the sake of smooth operation of the research. Dean Zhou Honghao, Li Huadong, teacher and XuXuemei, associate professor as instructors are strict with quality checks and generous to give remarks. Many teachers have put forth constructive ideas and suggestions for the team in oral defense session of simulation recruitment and advertising work concerning board and poster production, making research outcomes more complete and perfect. Eventually, the research outcome was well received by experts and teachers by consecution in the provincial and national competition. At the end of the interview, team members expressed sincere thanks to teachers who helped them.
It is learned that School of Business has been attaching great importance to nurture comprehensive qualities of students and struggling to establish more and wider platforms for students. It encourages students to participant in innovative and entrepreneurial competition such as Challenge Cup and Shenghua Cup锛宎nd cultivate their team-work spirit and ability of organization and cooperation so as to make them know better about society, adapt to the society, thus serving the society.
Receiving honor along the way through overcoming various difficulties
Behind the survey and scientific research there was unusual hard-work. Each step of implementation of the company was not easy, yet they never thought up giving up. On the contrary, team members have become more audacious in challenging themselves. During the process of research, the team made full use of all resources of software and hardware in CSU to research data and employed various forms to carry out research in multiple forms such as field interview, small discussion, in-depth investigation into the pharmaceutical manufacturing factory and phone talking.
At last, “Intelligent automatic transparent reagent detector” made by the company boasts unique dynamic detection system, high-precision detective method and simple automatic operation. The machine was noticed and awarded by the judges for the carefully planned“ProfitMode”and “Strategic Implementation” mode by the team. It has obtained successively grand prize in “Shenghua Cup of CSU”, the first prize in “Innovative Entrepreneurship Competition for college students in Changsha” and the gold medal of “Entrepreneurship for the youth”, Entrepreneurship Planning competition for college students in Hunan as well as the silver award of the “Entrepreneurship for the youth”, National Entrepreneurial Planning Competition for college students (previous “Challenge Cup”).
On a journey against challenges and ordeals, they are struggling for three years. Through administration and pragmatism, they are marching with thought. The team said that they are going to achieve the following goals through carrying forward the motto of “Fortune favors the diligent” and fine style of work with arduous struggle for being the best, and cherish an indomitable ambition as well as continue to rise up to challenges!
