In Conversation with Li Zexiang: How to Mass-"Manufacture" Hard-Tech Entrepreneurs | Media Reprint

In an interview, Li Zexiang described his incubation system, from the Hong Kong University of Science and Technology's 3126 Laboratory to the XbotPark robotics base in Dongguan's Songshan Lake in 2014. As of 2025, it has incubated more than 280 hard-tech companies with a combined valuation exceeding 500 billion yuan, of which 4 have gone public and 12 have grown into unicorns or quasi-unicorns.