What are the Chinese unicorn companies?

Recently, with the clear expression from the regulatory authorities, they hope to leave the next batch of “BATJ” in China. At the same time, many Chinese stock giants expressed their willingness to return to A shares. “Unicorn returns to A shares” has become a concern for a while. topic of.

What unicorn companies are there in China? Hurun Research Institute, CB Insights, Essence Securities, Tianfeng Securities and many other institutions have done an inventory.

In December 2017, Hurun Research Institute released the “2017 Hurun Greater China Unicorn Index”. The list was combined with the definition of the unicorn in the capital market to screen out external financing and the valuation exceeded US$1 billion (7 billion RMB). Excellent company, the data deadline is November 30, 2017. Hurun’s report shows that in 2017, all of China’s unicorn companies were listed on the list with an overall valuation of nearly RMB 3 trillion, of which Super Unicorn (valued at over RMB 70 billion) accounted for a single point. The number of beast companies is 6.67%, accounting for 50.22% of the total valuation.

However, the number of Chinese unicorn companies in the analysis agency CB Insights and the Ministry of Science and Technology of China is different from the above data. According to CB Insights, as of the end of February 2018, there were 62 unicorn companies in China, second only to the United States (113).

According to the Ministry of Science and Technology report, there were 131 unicorn enterprises in China in 2016.

Which industries are Chinese unicorn companies distributed in? Among the 120 Chinese unicorn enterprises selected by Hurun Research Institute in 2017, the number of unicorn enterprises in the four high-tech industries of high-end manufacturing, cloud computing, artificial intelligence and biotechnology is 29, accounting for 25%. Among them, high-end manufacturing enterprises are mostly ranked and the total valuation is ranked high. From the perspective of geographical distribution, they are mainly concentrated in Beijing (11), Shanghai (7), Shenzhen (3), and Hangzhou (3).

Anxin Securities Chen Guo team research report pointed out that unicorn enterprises mainly come from Internet services and e-commerce industries, each with 22, ranking first in 14 industries. The overall valuation of Internet finance unicorn companies surpassed the number of Internet services and e-commerce in various industries, with the top position of over 719 billion yuan. The unicorns of the top three industries (Internet services, e-commerce, Internet finance) accounted for 50% of the total number of unicorn companies on the list. Among them, the number of Internet services is the first, the valuation is the third; the number of Internet finance is the third, and the valuation is the first. In addition, culture, entertainment, automobile transportation, medical and health fields have also gathered more unicorn companies.

Tianfeng Securities Liu Chenming team report believes that Chinese unicorn companies can be divided into three categories:

The first category is the integration of the Internet and life. These unicorns are characterized by Internet-based life service companies that cover almost every aspect of our lives. Financial management has Lujin Institute, Ant Financial Service, mobile payment has WeChat, Alipay, dinner take-out has a US group comment, hungry, travel services have Ctrip, traffic travel has Didi, Moby, OFO, watching movies have cat eyes, Guevara...

The second category is the integration of the Internet, artificial intelligence and other factors with the manufacturing industry. Some of these enterprises have already gained a high reputation. Xiaomi, Meizu, etc. take advantage of China's smart phone manufacturing, adopt the Internet sales model to grow rapidly, and have accumulated a large number of fans. DJI and Weilai Automobile have built up certain brand influences in the fields of drones and smart cars, and they have also taken advantage of their advantages in artificial intelligence and their achievements in integrating with Chinese manufacturing advantages.

The third category is a unicorn with competitive advantages in core technologies such as artificial intelligence, big data, and biotechnology. It has strong competitive strength in its field, but it is not well known to the public. In terms of artificial intelligence, Face++, Shangtang Technology, and Cambrian Technology have built up their reputations in the fields of face recognition, image recognition, and smart chips. In terms of big data, Digital DreamWorks, Jinshan Cloud, Tengyun Tianxia, ​​etc. rely on the advantages of related parties to build cloud computing and big data service models in government, enterprise, video and other fields. In terms of biotechnology, Fuhong Hanlin and Cinda Bio have formed strong competitiveness in the fields of monoclonal antibody and high-end biopharmaceutical.

According to CB Insights, as of the end of February 2018, there were 230 companies in the global unicorn club with a total market capitalization of 801.9 billion US dollars, of which 113 unicorn companies are located in the United States, accounting for 49% of the global unicorn companies. China followed closely with 62 unicorn companies. The number of British and Indian unicorn enterprises ranked third and fourth respectively was 13 and 14 respectively, which was far from the gap between China and the United States.

From 2009 to 2017, the number of unicorn enterprises in China and the United States has increased substantially. Among them, the number of American unicorn enterprises has increased by 112, and the number of Chinese unicorn enterprises has increased by 59.

In terms of valuation, the average value of Chinese unicorn companies is US$4.5 billion, which is higher than the average valuation of US unicorn companies (US$3.5 billion).

Vape 600 Puffs

Here you can find most disposable e-cigarettes with small number of puffs. There include 300 puffs, 400 puffs, 500 puffs and 600 puffs. They are small, portable and easy to carry,keep your vaping simple.We also call them Mini e-cigarettes or Mini Disposable Vape. In addition to the basic functions, some products also can luminescence . You can choose according to your own needs.
Popular products:
Puff Bar 400 Puffs Maskking PT Disposable Vape
Disposable Vape Pod Capacity: 2ml
Nic 5%
Battery Capacity: 370mAh

Hot Flavors BLUEBERRY ICE

Depending on which disposable vape you pick, Each disposable vapes will last between 500 to 600 puffs. For average vapers, one disposable pod will last them for three to four days.

Vape 600 Puffs,Pan Style E Cigarette,Health E Cigarette,Flash Vape

Tsvape E-cigarette Supplier Wholesale/OEM/ODM , https://www.tsecigarette.com