Last year, 23 companies were included in the 2022 Guangzhou Unicorn Innovative Company List, an increase of 43.75 percent over 2021, according to Guangzhou Municipal Science and Technology Bureau introduced in Guangzhou on August 17, 2023. Meanwhile, the collection and evaluation of the unicorn innovative firms of 2023 was kicked off.
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According to the Bureau, eighteen of the 23 enterprises are high-tech companies with an average of over 305 intellectual property rights (IPRs). GAC Aion became the first super unicorn in Guangzhou with a valuation of over 100 billion RMB.
In addition, the city also released three other lists, including the list of 82 "future unicorn firms", the list of 51 "seeded unicorn firms", and a further 50 "high-end, precision and sophisticated firms" list.
Sun Xiang, deputy director of Guangzhou Municipal Science and Technology Bureau, said that Guangzhou would discover and foster more innovative unicorn enterprises, offering them better services from investment institutions, banks, brokerage institutions, and social service institutions. In addition, various relevant districts in Guangzhou, such as Huangpu, Tianhe, Haizhu, Nansha, and Liwan, have introduced unicorn-related supporting policies at present.