Yu Shuhuai has never forgotten the bowl of Yangchun noodles on the roadside stall more than 10 years ago.

At that time, he had just graduated from the Department of Automotive Engineering of Tsinghua University. Once, he and a few "Makers" brothers drove a broken van and pulled raw materials to make automobile electronic parts in the suburb of Wuhu, Anhui. Because of the lack of money, everyone only eats 2 yuan of Yangchun noodles for breakfast. A brother was so greedy that Yu Shuhuai was "severely stunned" by adding 1 yuan of meat when eating noodles.

"This brother still remembers my eyes when I stared at him." Yu Shuhuai told the Economic Daily reporter with a smile. At that time, the financing environment was not good, and the products were often scorched by funds. At that time, most of these new automobile products were invested by state-owned enterprises, and there was little private capital. "If the project is not done well, some money will be lost, and some entrepreneurs will also sue for the loss of state-owned assets."

After graduating from Yu Shuhuai, he first assisted his brothers to start a business in Beijing and Wuhu for 4 years, and then went to a well-known foreign company to pursue further study. Until 2008, he came to work for a large private car design company. Although it has been accumulated for many years, Yu Shuhuai has never dared to start a business lightly because of the difficulty of experiencing it before.

In 2012, the opportunity came. That year, the Department of Automotive Engineering of Tsinghua University set up a scientific and technological achievements transformation institution to encourage teachers and students in the department to start businesses. At the same time, Tsinghua University has also established a variety of institutions to provide entrepreneurship guidance and investment and financing services for entrepreneurship teachers and students. Yu Shuhuai and his brothers along the way decided to seize the opportunity and start a second business.

After half a year of preparation, in early 2013, Beijing Econtech Electronics Co., Ltd. was established in Tsinghua Science Park. At this time, the entrepreneurial environment is not what it used to be. The private capital from many sources, including TusHai Incubator and Tsinghua TusHai Innovation Fund, has successively sent them nearly 30 million yuan in investment. "Now, private investment accounts for 40% of our shares." Yu Shuhuai said: "At the same time, we can get professional advice and help from TusHai incubators in terms of law and finance. This comprehensive support allows us to concentrate on The research and development of the "brain" of the car-the electronic control system."

"Car emissions are determined by electronic control, and other major functions of the car are also realized by electronic control systems. However, more than 99% of this core system product depends on imports. We are to face the competition of foreign companies and realize the substitution of domestic products." Yu Shu Huai said. With its own efforts and assistance from many parties, this school's scientific and technological achievements transformation company has been at the forefront of the country in terms of natural gas engine electronic control, new energy vehicle electronic control and "Internet + vehicle electronic control", and some products have reached a high international level.

At present, Econtech has customers and partners such as FAW, FAW, Foton, JAC, Geely, and SAIC-GM-Wuling. Their new "Internet + car electronic control" products can analyze professional cars' big data, find the best energy-saving mode, and realize energy-saving and emission reduction. This achievement has been promoted in Beijing, Shijiazhuang, Xiamen, Taiyuan and other cities, and the energy saving rate has reached 8%. In 2015, Econtech's sales revenue is expected to reach 30 million yuan, and the revenue growth rate in the past two years has exceeded 500%.

"Now that entrepreneurs have more resources available, we have caught up with a good time to start a business." Yu Shuhuai said.