From September 25th to 27th, 2022, the 10th "Entrepreneurship in Jiangsu" Science and Technology Entrepreneurship Competition and the 11th China Innovation and Entrepreneurship Competition Jiangsu Division Finals were held in the Jiangbei New Area of Nanjing. The event was jointly guided and hosted by various units including the Jiangsu Provincial Department of Science and Technology, the Provincial Party Committee's Talent Office, the Provincial Party Committee's Publicity Department, the Provincial Party Committee's Cyberspace Affairs Office, the Provincial Development and Reform Commission, the Provincial Department of Education, the Provincial Department of Finance, the Provincial Department of Human Resources and Social Security, the Provincial Committee of the Communist Youth League, and the Provincial Federation of Industry and Commerce.

Chenguang (Changzhou) New Material Technology Co., Ltd., as a participant in the new materials industry category, went through fierce competition and ultimately won the second prize in the Jiangsu Province Innovation and Entrepreneurship Competition (ranking third overall), and it was also the only team in the new materials group to make it into the top ten.

Chenguang specializes in the research and development and production of inorganic optical coatings, a special new material enterprise, with a market share of various products exceeding 50%. The company is in a period of rapid growth and has become one of the very few technology companies in the industry with core flat panel optical coating R&D capabilities.