A 132-year-old top-tier 985 university is queuing up for an IPO.

At the foot of Luojia Mountain and on the banks of East Lake, this century - old institution is shining brightly today.

On November 29th, Wuhan University celebrated its 132nd anniversary. Over the past hundred years, the sound of reading has never ceased, and Luojia Mountain has witnessed the surging patriotism of countless people.

Today, Wuhan University is leading the era with scientific and technological innovation. In 2025, Professor Liu Zhengyou, the dean of the School of Physics and Technology at Wuhan University, was elected an academician of the Chinese Academy of Sciences. Professor Liu Quansheng from the School of Civil Engineering and Architecture and Professor Jiang Weiping, the dean of the Institute of Science and Technology Development, were elected academicians of the Chinese Academy of Engineering. According to incomplete statistics, Deng Hongkui, an alumnus from the Department of Cell Biology, Class of 1980, and Fu Xiangdong, an alumnus majoring in genetics, Class of 1987, were elected academicians of the Chinese Academy of Sciences... These achievements truly reflect the saying, "The mountains are green, the lake is vast; this great institution is adorned with brilliant stars."

The numerous outstanding alumni also remember to give back to their alma mater with deep affection. Lei Jun established the "Lei Jun Scholarship" to encourage students' innovation. His single donation of 1.3 billion yuan in 2023 refreshed the record of the largest single - donation in the history of Wuhan University. The Electronic Information Research Building donated by Yu Gang and Song Xiao, alumni from the Class of 1977, was officially put into use in 2024, providing a fertile ground for scientific research for students...

While alumni give back to their alma mater, it also reflects the symbiotic and prosperous relationship between the university and the local area. Since the launch of the "Capital and Intelligence Return to Wuhan" project in 2017, Wuhan University alumni - owned enterprises have cumulatively signed investment contracts worth more than 600 billion yuan in Hubei. A large number of leading enterprises such as Taikang Insurance Group, EVE Energy Co., Ltd., and Xiaomi Group have played a key driving role.

Today, Luojia is in its prime; tomorrow, Wuhan University will embark on a new journey.

Wuhan University Alumni Queueing up for IPO

In the capital market, a force from Luojia Mountain is quietly gathering.

On November 20th, 2025, Lingyi Precision Industry Co., Ltd. announced in the evening that the company had submitted an application to the Hong Kong Stock Exchange for the issuance of H - shares and listing on the main board of the Hong Kong Stock Exchange. The application materials were published on the Hong Kong Stock Exchange website on the same day.

The helmsman of this global precision manufacturing giant is Zeng Fangqin, an alumnus of Wuhan University. Starting from Shenzhen from scratch, she has built Lingyi Precision Industry into a 100 - billion - level enterprise with business covering emerging fields such as AI terminals, new - energy vehicles, and low - altitude economy. For this Hong Kong IPO, the company plans to use the raised funds to enhance its R & D and production capabilities in emerging fields such as high - density AI computing power servers, humanoid robot hardware and assembly.

It is worth noting that at the Symposium of the Board of Directors of Wuhan University and the Director Appointment Ceremony held in Wuhan on November 22nd, Zeng Fangqin was officially appointed as a director of Wuhan University. As a school director, she will deeply participate in the construction and development of Wuhan University and promote the industry - education integration practice between the enterprise and the university in fields such as scientific and technological innovation and talent cultivation.

It is reported that this appointment ceremony is an important measure for Wuhan University to gather alumni resources and empower high - quality development. Previously, as an alumni - owned enterprise, Lingyi Precision Industry has carried out cooperation with Wuhan University in joint talent cultivation and cutting - edge technology R & D. This director appointment will further deepen the cooperation between the two sides: on the one hand, Lingyi Precision Industry can rely on Wuhan University's scientific research resources and talent reserves to accelerate the research on core technologies; on the other hand, Wuhan University will also use the enterprise's industrial scenarios and practice platforms to promote the transformation and implementation of scientific research results and provide students with more practical opportunities closer to industrial needs.

Coincidentally, in September this year, Amisun, an innovative enterprise founded by Wuhan University alumni in Wuhan, also submitted a prospectus to the Hong Kong Stock Exchange. Zhang Lianglu, the founder of Amisun, was born in 1987. He obtained a master's degree from Wuhan University in 2013 and then pursued a doctoral degree at the same university.

Founded in 2015, Amisun is an early - stage cancer detection company. Currently, Amisun has two core products, namely Aixinggan for liver cancer and Aiguangle for urothelial cancer. Among them, Aixinggan is the world's first liver cancer detection reagent based on methylation technology and qPCR technology, with a sensitivity of up to 84.43% for stage I liver cancer. Against the background that the early - stage cancer screening market in China is expected to reach 28.9 billion US dollars, Amisun, with its technological advantages, has launched more than 20 early - screening products covering colorectal cancer, liver cancer, esophageal cancer, gastric cancer, etc., and has entered more than 1,000 offline physical examination stores across the country.

Also in November, another Wuhan University alumni - owned enterprise took a key step in the capital market. Zhuomu Technology from Wuhan started the IPO counseling and filing with the Hubei Securities Regulatory Bureau and plans to be listed on the Beijing Stock Exchange. The special feature of this company is its strong Wuhan University genes - the co - actual controllers Chen Xi, Deng Dexiang, and Sun Shilei have all taught at Wuhan University, and Sun Shilei is still a teacher at the School of Computer Science at Wuhan University.

The list of Wuhan University - related IPOs is by no means limited to this.

At the end of June this year, EVE Energy Co., Ltd. from Huizhou, Guangdong, submitted a prospectus to the Hong Kong Stock Exchange and plans to be listed on the main board of the Hong Kong Stock Exchange. CITIC Securities acts as the sole sponsor. If successful, this will be the company's second listing after its listing on the Growth Enterprise Market in 2009. Its founder, Liu Jincheng, graduated from Wuhan University with a postgraduate degree. Also in June, Hansi Aitai submitted a listing application to the main board of the Hong Kong Stock Exchange. Zhang Faming, the helmsman of this innovative pharmaceutical company, graduated from Wuhan University with a bachelor's and master's degree and once served as an adjunct professor at the School of Pharmacy of Wuhan University. According to the latest news in November, Hansi Aitai has obtained the IPO filing from the China Securities Regulatory Commission, which means it has got the key to listing. Another company that has got the key to listing is Bio - Atla. It officially started the new - share subscription on the Science and Technology Innovation Board on November 28th. Its founder, Shen Yuelei, graduated from the Department of Virology and Molecular Biology at Wuhan University with a bachelor's degree.

Before that, a group of Wuhan University alumni had successfully rang the bell in the secondary market. In October 2025, Heyuan Biotech Co., Ltd. was listed on the Science and Technology Innovation Board of the Shanghai Stock Exchange, winning the title of "the first stock of recombinant human albumin". Its founder, Dr. Yang Daichang, graduated from the major of Molecular Genetics at Wuhan University and later served as a professor at the university for many years. In July 2025, Velotio Therapeutics was officially listed on the main board of the Hong Kong Stock Exchange. Kang Xiaoqiang, one of the co - founders, graduated from the School of Medicine at Wuhan University... This list will be continuously updated in real - time.

Wuhan University - Related Projects Queueing up to Announce Financing

On the way to IPO, batches of new and old Wuhan University students are carrying out inter - generational inheritance. While "Wuhan University alumni" are frequently seen in the secondary market, projects related to "Wuhan University" often receive the favor of investors in the primary market.

In November this year, Enzyvant Therapeutics, a leading enterprise in the field of exosome technology at home and abroad, successfully completed a nearly 100 - million - yuan Series B financing. This round of financing was led by the old shareholder Zhongbo Juli, with Guosheng Capital participating.

Founded in 2017, Enzyvant Therapeutics has cumulatively received hundreds of millions of yuan in financing over multiple rounds. Its founder and CEO, Kong Guanyi, is an alumnus from the 2007 Class of the Life Science and Technology Base Class at Wuhan University. The other two co - founders, Zhao Libo and Fang Gaoshan, are also from the Wuhan University circle.

In October this year, Maisheng Group, also from the "Wuhan University circle", announced the successful completion of a strategic financing of over 1.5 billion yuan. This round of financing was jointly invested by investment institutions such as Guangzhou Industrial Investment Holding Group Co., Ltd., Guangzhou High - tech Zone Investment Group Co., Ltd., and General Technology Group Capital Co., Ltd.

Maisheng is a high - tech enterprise focusing on the R & D, production, installation, and service of miniaturized proton radiotherapy equipment for tumor treatment. The company has advanced self - owned intellectual property rights of HYPERSCAN ultra - high - speed pencil beam scanning technology and Adaptive Aperture adaptive multi - leaf collimator technology. The company's core product, the S250i series, is the preferred solution in the field of proton therapy, achieving full self - R & D from core components to key algorithms.

Tian Yuan, the chairman of Maisheng, graduated from Wuhan University with a master's and a doctor's degree in economics. In 2003, he was named the third outstanding alumnus of Wuhan University. It is worth mentioning that besides being the chairman of Maisheng, Tian Yuan is also the founder of the Yabuli China Entrepreneurs Forum and the founding partner of Yuanming Capital, enjoying a high reputation in the business world.

Earlier, Yaotang Biotech, a high - tech biomedical company focusing on the development of in - vivo gene - editing drugs based on mRNA - LNP delivery, announced the completion of a Series B financing of over 300 million yuan in September this year. This round of financing was led by the AstraZeneca CICC Healthcare Industry Fund, with participation from Songhe Capital, Tianchuang Capital, and Xinneng Venture Capital. Old shareholders such as Xianfeng Qiyun, Yuanyi Investment, and Decheng Capital increased their investment.

Wu Yuxuan, the founder of Yaotang Biotech, obtained a bachelor's degree from the School of Life Sciences at Wuhan University in 2006 and a doctor's degree in Cell and Developmental Biology from the same university in 2012.

Even more remarkable is that MercAllure, founded by a group of Wuhan University alumni with an average age of less than 25, has completed two rounds of financing totaling tens of millions of yuan from leading institutions such as Chutian Fengming Angel Fund, Wuhan Fund, Lihe Kechuang, Shenzhen High - tech Investment Group Co., Ltd., and Miracle Plus.

Most of the members of MercAllure are junior students of Lei Jun at the School of Computer Science at Wuhan University. Under the guidance of Professor Wang Zheng, they have made many breakthroughs. For example, the "Multi - agent Reasoning Acceleration Framework" they developed can organize different agents to cooperate, enabling complex tasks to be completed in just a few seconds. The "Wide - area Computing Power Support Architecture" can be used for the training and development of large models, allowing them to run on domestic GPUs. Many technical indicators of this tool rank among the top in the industry.

Remember that on the occasion of the 130th anniversary of Wuhan University in 2023, Lei Jun, an alumnus from the 1987 Class of the Department of Computer Science at Wuhan University, donated 1.3 billion yuan to the school in his personal capacity. This donation not only refreshed the record of the largest single - donation in the history of Wuhan University but also was the largest single cash donation from an alumnus received by a national university.

At that time, Lei Jun's exact words at the donation ceremony were, "It is to enable more engineers, scientists, and technology entrepreneurs to emerge in China, so that there will be more Huawei, more Xiaomi, more BYD, and more CATL in China. With more such people and companies, China's hardcore technology will continue to rise and develop, the strength to support China's hardcore technology will continue to emerge, we can continue to lead the global technological development, create a better life, and create a more beautiful and fairer world where everyone can continuously share the development results."

At Wuhan University, there are many science and technology innovation enterprises like MercAllure that have emerged from the campus. This scene is just like a relay across time and space, perfectly confirming Lei Jun's words two years ago, 'To enable more engineers, scientists, and technology entrepreneurs to emerge in China'.

The ideal expectations have already received an echo from the era.

Why Wuhan University?

Undoubtedly, the Wuhan University - related group is a force that cannot be ignored in the venture capital circle.

This is a university with a long history of 132 years.

The origin of Wuhan University can be traced back to the Self - Strengthening School founded by Zhang Zhidong, the governor of Huguang in the late Qing Dynasty, in 1893 after petitioning the Qing government. After inheritance and evolution, it was named National Wuhan University in 1928 and was one of the first batch of national universities in modern China.

In recent years, the university has vigorously promoted the transformation and industrialization of scientific research results. It has jointly built more than 40 large - scale platforms with local governments and large enterprises and institutions, constructing an innovation system that combines government, industry, academia, research, and application. Platforms such as the university science park, incubator building, and industrial research institute have been successively established, providing fertile ground for students' innovation and entrepreneurship.

The vigorous growth of the Wuhan University - related entrepreneurial force is inseparable from its unique alumni culture and close alumni network.

As of now, the total number of Wuhan University's global alumni organizations has reached 317, covering more than 20 countries and regions. The university continuously optimizes the online integrated service platform for alumni, does a solid job in collecting and organizing alumni information, and continuously improves the talent pool of outstanding alumni, the directory database of outstanding alumni - owned enterprises, and the information database of alumni resources. Since this year, the university has established a regional liaison system, coordinating the five major domestic regional alumni associations in the east, west, south, north, and central regions, and linking overseas alumni associations and industry - specific alumni associations to form a "5 + 2" collaborative model, providing strong support for alumni's innovation and entrepreneurship.

What is even more remarkable is the alumni's return to their alma mater and the development of Hubei.

Since the launch of the "Capital and Intelligence Return to Wuhan" project in 2017, Wuhan University alumni - owned enterprises have cumulatively signed investment contracts worth more than 600 billion yuan in Hubei. Taikang Insurance Group has deployed the large - health industry in Hubei, EVE Energy Co., Ltd. has invested in building the central China regional headquarters, and Xiaomi Group has set up its second headquarters in Wuhan, forming a positive cycle where the "alumni chain" drives the "industrial chain". These leading enterprises have not only brought in funds and technology but more importantly, have built a complete industrial ecosystem, providing unique conditions for the growth of a new generation of Wuhan University entrepreneurs.

The systematic layout of Wuhan University in the cultivation of innovation and entrepreneurship talents is also an important driving force for the rise of the "Wuhan University circle". The university has created the brand event of the "Entrepreneurship Forum", regularly inviting alumni entrepreneurs such as Chen Dongsheng and Lei Jun to return to school to give lectures and share their entrepreneurship experiences and industrial insights. It has implemented the "Kunpeng Alumni Mentor Program", organizing alumni entrepreneurs to provide regular guidance on career planning, internships, and practice for current students. Relying on special programs such as the Lei Jun Class, the "Blue Moon - Kunpeng Class", and the Hongyi Honors College, it cultivates top - notch innovative talents. These measures have constructed a complete innovation and entrepreneurship education system from theory to practice and from campus to industry.

Meanwhile, "the transformation of university scientific research results" and "the advantages of local economic development" are also complementary.

The strong support of the local government has also provided a broad stage for Wuhan University - related entrepreneurs. At the beginning of 2025, Wuhan proposed to build an "Alumni Economy Headquarters Base" to gather alumni resources from "Beijing - Tianjin - Hebei in the north to the Guangdong - Hong Kong - Macao Greater Bay Area in the south" in Wuhan. It is understood that to support the equity financing of science - and - technology - based private enterprises, Wuhan said it will vigorously develop patient capital. On the one hand, it will strengthen and optimize government investment funds, promote the establishment of two government investment funds, the Jiangcheng Fund and the Wuhan Fund. In the next five years, it