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Zhangjiagang adds 4 potential unicorns

LMS
chinadaily.com.cn|November 13, 2024

A total of four companies from Zhangjiagang were recently featured in the China Potential Unicorn Enterprises Research Report 2024 released by the Great Wall Enterprise Institute, highlighting the high level of innovation and promising development prospects of enterprises in Zhangjiagang.

The four companies listed are Jiangsu Prodetec Technology, Jiangsu Guofu Hydrogen Energy Equipment, Suzhou Rainbow Materials Technology, and Suzhou Dawning Semi Technology.

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An aerial view of Jiangsu Guofu Hydrogen Energy Equipment. [Photo/WeChat account: zhangjiagangfabu365]

Unicorn companies are those that are rapidly growing through technological innovation. Outstanding benefits, strong core competitiveness, significant industry influence, and high valuations in capital markets characterize these companies. They have become crucial indicators of a region's innovation capacity. Potential unicorn companies represent the next wave of unicorns, serving as potential engines for regional economic growth.