The 1st Zhejiang E-Business Contest (2006) closed during the winter vacation. The contest was sponsored by Zhejiang Economic and Trade Commission, Zhejiang Education Department and Zhejiang Committee of the Youth League, and organized by the Cadre Training Center of Zhejiang Economic and Trade Commission and China E-Business Association. Zhejaing Xinhua Bookstore Group Co., Ltd. cosponsored the contest. HDU won the Excellent Organization Award at Team Contest. In addition, student Li Fei from HDU's School of Management majoring in E-Business won Award of Encouragement at the "Contest of Creative Ideas for E-Business" by contributing an excellent E-Business solution to the catering industry.

The 1st Zhejiang E-Business Contest kicked off on June 25, 2006 and lasted for 7 months. The contest, attracting total 10547 contestants, consisted of 3 events, namely "Contest of Creative Ideas for E-Business", "Team Contest" and "Elite Contest". A host of resulting excellent solutions were selected from the contest and attracted wide attention and interest from investment agencies and firms.