From September 9 to 10, the final of the Shandong Province Veterans Entrepreneurship and Innovation Competition, jointly sponsored by nine departments including the Department of Veterans Affairs of Shandong Province, was held in Qingdao. 50 projects from the province through the roadshow evaluation and other forms of duel, of which, Qingdao won two first prize, third prize 6, the total number of awards ranked first in the province. The Beamonte National Comrades Oil Change Alliance project from Qingdao Oceantec Valley stood out in the provincial final in the precision poverty alleviation project group and won the third prize in the provincial final.

The contest innovation using online and offline combination of ways, the event activities of the whole network live. In the same period, a theme salon on entrepreneurship and innovation for ex-soldiers, live promotion of outstanding entries and an exhibition of military achievements were held. The organizing committee also invited 11 financial, investment and securities institutions to participate in the project roadshow and evaluation, and provided a series of services such as financing and loans for outstanding military projects.

B&M National Oil Change Alliance, a project of Shandong B&M New Material Technology Co., Ltd, is a national entrepreneurial platform for ex-servicemen, relying on the excellent quality of Emi thermal military lubricants as the core products, using the "zero risk" business model of refund guaranteed exchange, while providing free innovative business training for ex-servicemen to improve the quality of the products. Its operational level and innovative and entrepreneurial capacity. In addition, the platform has established a "veterans fund" to support impoverished comrades without an initial fund to operate, and every year it sends material care and spiritual warmth to disabled soldiers and martyrs' families.

At first, the project cooperated with Hubei Comrades of War Group. On the first day of the national comrades mobilization meeting, more than 300 comrades were present, and 65 regions were signed on the spot. With the advancement of the project, B&M moved from behind the scenes to in front of the stage, and officially promoted the B&M National Comrades Oil Change Alliance project. B&M is well aware of the plight of ex-servicemen entrepreneurship, joint Qingdao Innovaiton Institute, the United States Silicon Valley innovative management methods into the training system, for ex-servicemen entrepreneurship products, capital, skills, business model and other comprehensive support. At the same time, the project has developed B&M Comrades Oil Change Alliance online platform, which closely fits the new retail trends of the Internet, and develops a new model of online sales and offline service integration. After one year of operation, more than 80 pilots have been set up across the country, which has served more than 8,000 comrades.

Mr. Chi gall, general manager of B&M New Material Company, reported to Mr. Fan Huaping, vice governor of Shandong Province, and Mr. Sui Ruwen, vice mayor of Qingdao City, about the B&M National Comrades Oil Change Alliance project, and got the praise and support from the leaders. Mr. Chi gall said, the national precise poverty alleviation strategy has provided the development direction and forward momentum for the project, and B&M is pragmatic and practical, starting from the real needs of ex-soldiers, precisely helping specific groups of people. It not only provides the initial venture fund for the comrades with difficulties, but also adopts the mode of returning the products with poor sales to reduce the risk of entrepreneurship, and the mode from 1.0 to 2.0 is the transformation of the mode of poverty alleviation from "blood transfusion" to "blood production". The international innovation system enhances the entrepreneurial ability of ex-servicemen from ideas and skills.

At the same time, Shandong B&M New Material Technology Co., Ltd. is headquartered in Qingdao Oceantec Valley, and has built a production base in Zhongnan High-tech Industrial Park, covering a total area of 2,400 square meters, with an annual production capacity of 10,000 tons of environmental protection and high performance lubricants, and an output value of more than 20 million yuan, providing high-quality products and adequate supply security for the alliance and even the national partners. As the next step, Shandong B&M New Material Science and Technology Co., Ltd. will continue to lean products, improve production capacity, expand market scale, and develop into a leading high-tech enterprise in the industry.