Wusongkou Venture Park, located in Wusong Industrial Zone, Baoshan District, Shanghai, was inaugurated on February 4, 2016. It is the incubator brand of China Baowu, the professional incubation service platform of China Baowu National Dual Innovation Demonstration Base.

Since the establishment of Wusongkou Venture Park, it has followed the strategic layout of "one base and five elements" of China Baowu, helped to build a high-quality steel ecosphere, and focused on the vision goal of "becoming a professional crowdsourcing space and industrial incubator with certain influence and reputation in China, a core service platform of Baowu's dual innovation and a model of dual innovation of central enterprises". It will focus on developing new materials, smart manufacturing and green low-carbon industries, relying on the rich R&D resources and industrial resources of Baowu Group, and attracting internal and external industrial chains, innovation chains, resource chains and other elements to gather; focusing on key industry fields, strengthening the introduction of leading enterprises and top talents in the industry, strengthening the cultivation of small and medium-sized enterprises, creating domestic innovation industry highland, to create an industrial gathering area and entrepreneurial ecological zone.

After five years of exploration, Wusongkou Venture Park has created the operation mode of "physical space + professional service + technology platform", established a three-tier service system of liaison officer - counselor - business mentor, and built a three-in-one industrial incubation system of "platform layer - incubation layer - application layer" and a service system of "incubation + transformation". -In 2020, Wusongkou Business Park has become a national dual-innovation demonstration base. In 2020, Wusongkou Business Park will become the Baoshan branch of Zhangjiang High-tech Industrial Park; the service team of Wusongkou Business Park will be awarded as "2020 Hurun Top 10 Outstanding Contribution to Shanghai Technology Transfer Industry", "2020 Hurun Best Performing Technology Manager of Shanghai Technology Transfer" and China Baowu 2020 Top 10 "Outstanding Team of Innovation and Striving for Advancement".

Wusongkou Venture Park insists on carrying forward the corporate culture of "innovation and never stop", adheres to the core value of "centering on creators, precisely connecting with resources and opening up to society", and insists on the service concept of "serving the real economy, promoting enterprise We have established strategic cooperation relationship with National Technology Transfer East Center, Suzhou Automotive Research Institute of Tsinghua University, Shanghai Industrial Technology Innovation and Nurturing Center of Chinese Academy of Sciences, Chinese Academy of Sciences Zhongmu Science and Technology Park, Fudan University, Northeastern University, Shanghai Stock Exchange, Lenovo Venture Capital, Guoxin Venture Capital, etc. to jointly build innovation and entrepreneurship base and technology transfer platform. It has become a national specialized crowdspace, one of the first specialized crowdspaces in Shanghai, and a national new industrialization industryDemonstration Base (New Materials), China Industrial Internet Innovation Practice Area, Shanghai High-tech Achievement Conversion Work Liaison Station, Shanghai Emerging Incubator.

Relying on the brand influence of China Baowu, Wusongkou Venture Park keeps polishing the Wesocool incubator business card, actively explores new bases for incubation, helps the construction of Wusong Innovation City, helps the construction of the integration of dual innovation in the Yangtze River Delta, promotes the integration and development of large and small enterprises in the Yangtze River Delta, and manifests the social responsibility of central enterprises.