Qingtonghui -- a promotion activity that supports university graduates innovation and entrepreneurship -- was launched again for project roadshow on new energy and new materials projects, according to local media reports on July 7 in Wuhan, capital of Central China's Hubei province.

Sponsored by the Wuhan Science and Technology Bureau and the East Lake High-tech Development Zone Management Committee, the activity was launched by the East Lake High-tech Development Zone in Wuhan, also known as Optics Valley.

According to zone officials, the special roadshow on new energy and new materials projects is scheduled to be held at the end of July.

Activity organizers have started to solicit projects which are related to the fields of new energy and new materials.

All participating projects need to have a clear business model and an efficient company organization. They must have real equity financing needs and they should have a feasible, clear and reasonable plan for the use of the funds -- as well as possessing a core team with strong related experience.

Officials added that, the activity will be held in a combination of offline and online forms.

Representatives of roadshow projects and investors will display and communicate offline and viewers can watch online through Tencent conference, Douyin live broadcast and the Douyu live broadcast platform.

Officials said the activity aims to grasp the new industrial trends, create opportunities for new energy and new material enterprises at Optics Valley and its surrounding areas.

The projects will integrate into the zone's international high-end industrial ecosystem, create potential for the development of its new energy and new material industries and jointly promote innovative development.

According to zone officials, to date the Qingtonghui activity has undertaken more than 800 roadshow projects and 1,300 promotion projects. More than 200 projects have gained total financing of nearly 4 billion yuan ($572 million) through the activity.