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On July 21, the signing ceremony for the strategic cooperation between Qingdao University of Science and Technology and Shandong Genyuan Biotechnology Co., Ltd., as well as the project related to high-performance chemicals for lithium batteries, was held in Weihai. The university and the enterprise signed a cooperation project worth 770 million yuan, which is the largest single-scale university-enterprise cooperation project in Shandong Province to date. Under the agreement, the university and the enterprise signed 5 projects together to meet industry demands related to greener processes, intrinsic safety, continuous production, equipment automation, and resource recycling, with a total amount of 770 million yuan allocated for technology transfer. It is reported that once the project is fully implemented, production facilities with a capacity of 10,000 tons each will be built, generating an estimated annual sales revenue of 6.01 billion yuan and an annual profit and tax amount of 2.4695 billion yuan. As a high-level university with strong specialized strengths in Shandong Province, Qingdao University of Science and Technology has for many years adhered to the development strategy of \"serving national strategies, contributing to regional development, and driving progress in relevant industries.\" By building on its traditional strengths in fields such as chemistry and rubber engineering, it has pursued a development path characterized by integration of government efforts, industry participation, academic research, and practical applications. It has become a leader among universities in the province in terms of transforming scientific and technological achievements, giving rise to the \"Qingdao University of Science and Technology Model,\" which has received high praise from all sectors of society; it is hailed as the \"Huangpu of China’s rubber industry.\" According to incomplete statistics, 8 companies based at Qingdao University of Science and Technology have gone public through the transformation of scientific research achievements or by providing core technical support. There are 34 publicly listed companies whose chairpersons are alumni of the university, and it has also incubated over 300 technology-driven innovation enterprises, generating more than 110 billion yuan in economic value for Shandong Province. This is a vivid illustration of the university’s long-standing commitment to an open approach to education, a market-oriented strategy, and incentive-based mechanisms to promote the transformation of scientific research achievements.