Carrying forward the glory of the "Six Young Dragons", BIBO is honored as "Hangzhou’s New Eight Steeds"

On May 18, 2026, the Investment Promotion Conference titled “Meet Hangzhou, Dialogue with the Future” was grandly held in Hangzhou. Boasting outstanding achievements in the intelligent chassis sector, BIBO, together with seven other innovative tech startups, was officially named “Hangzhou’s New Eight Steeds” by state‑owned media. This accolade marks that the company has become a key representative of cutting‑edge technological prowess in Hangzhou and even across China, following the legacy of the “Six Young Dragons of Hangzhou”.

Hosted jointly by the Hangzhou Municipal Bureau of Investment Promotion and the State‑owned Assets Supervision and Administration Commission of Hangzhou Municipality, the event featured on‑site sharing by entrepreneurs including Luo Zhenyu, Yu Yingtao and An Conghui. Liu Xiaohui, Founder and President of BIBO, shared the stage with executives of other “Hangzhou’s New Eight Steeds” enterprises for an in‑depth “Dialogue of Emerging Innovators”, jointly exploring how to define the next decade.

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Liu Xiaohui, Founder and President of BIBO, stated: "It is a great honor to receive the title of 'Hangzhou’s New Eight Steeds' alongside seven other outstanding hard‑tech enterprises. BIBO will firmly seize the opportunities brought by the intelligent transformation of the automotive industry, continuously deepen research on core technologies such as XYZ three‑axis integration and cross‑domain integration, and empower global automaker clients with full‑stack intelligent chassis solutions featuring ultimate performance and extreme reliability. BIBO will accelerate its global layout and overseas business expansion in an all‑round manner, striving to enable China‑originated cutting‑edge intelligent chassis solutions to contribute wisdom and strength to global smart mobility."

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First came the "Six Young Dragons of Hangzhou", followed by the "New Eight Steeds of Hangzhou". Born at a critical juncture of global competition and technological rivalry, the Six Young Dragons have demonstrated China’s technological strength through cutting‑edge innovation. Though emerging later, the New Eight Steeds stand at the next pivotal inflection point, targeting the frontlines of global tech competition including smart glasses, chip manufacturing, space computing power, and embodied intelligence.

The industrial layout of the New Eight Steeds features more vertical focus, stronger foundational research and greater technological rigor. This is exactly the long‑term direction upheld by BIBO: to deepen core technologies in intelligent chassis, advance the commercialization of high‑level autonomous driving, and deliver equal access to premium riding comfort for all.

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