据了解，2024年中国独角兽企业分布于41个赛道。其中，集成电路、清洁能源、创新药、动力电池等7 个赛道，每个赛道拥有超过15家独角兽企业。机器人、企业数字运营、新零售、人工智能等10个赛道， 每个赛道拥有超过10家独角兽企业。 值得一提的是，集成电路连续4年成为独角兽企业数量最多的赛道，也是新晋独角兽企业主阵地。2024 年，集成电路赛道有56家独角兽企业，总估值达1618亿美元。2024年，该赛道诞生了12家新晋独角兽企 业。 地域分布上，2024年"北上深"成为独角兽企业的主要集聚地，分别拥有75家、59家和42家独角兽企业。 【导读】2024年全国独角兽企业达372家，总估值突破1.2万亿美元 7月18日，2025中国（深圳）独角兽企业大会在深圳召开。 会上发布的《GEI中国独角兽企业研究报告2025》显示，2024年，中国独角兽企业共372家，总估值超 过1.2万亿美元。其中，11家超级独角兽企业贡献了超四成估值，合计估值达5385亿美元。53家企业新 晋成为独角兽。荣耀、长江存储、引望智能等3家新晋独角兽同时跻身超级独角兽行列。 7月18日上午，大会发布了《GEI中国独角兽企业研究报告2025》与 ...

本报讯 （记者李雯珊 见习记者张美娜）7月18日，以"新质驱动·未来领航"为主题的2025中国（深圳） 独角兽企业大会在深圳盛大开幕。深圳市政府副秘书长罗育德出席，深圳市工业和信息化局党组书记、 局长黄强、中国企业联合会驻会副会长李冰、交通银行深圳分行党委委员、副行长谢磊先后致辞。北京 市长城企业战略研究所（以下简称"长城策略咨询"）董事长武文生发布《GEI中国独角兽企业研究报告 2025》、深圳市创新投资集团有限公司总裁刘苏华发布《深圳市独角兽企业及瞪羚企业研究报告 2025》。深圳市工业和信息化局党组成员、市中小企业服务局局长吕哲、交通银行（香港）有限公司副 行政总裁杨浩、深圳市投资促进局副局长刘振强、市贸促会党组成员、副主任汤进、深圳市报业集团社 委会委员、副总编辑肖意、深圳市福田区副区长余枫等出席会议。 大会上，深圳市工业和信息化局党组书记、局长黄强表示："深圳作为全国工业第一城、全球十大金融 中心，深圳市委、市政府高度重视独角兽企业培育工作，今年3月份出台《深圳市有力有效支持发展瞪 羚企业、独角兽企业行动计划（2025-2027年）》，构建从发掘培育到金融赋能的全链条支持体系。此 外，深圳还拥有深交 ...

Core Viewpoint - The 2025 China (Shenzhen) Unicorn Enterprise Conference highlights the high-quality development of unicorn companies in China, showcasing Shenzhen's unique innovation ecosystem and the future landscape of new productivity in China [1][4]. Group 1: Conference Overview - The conference was guided by Shenzhen's industrial and information technology bureau and featured reports on unicorn enterprises, emphasizing the collaboration between government, enterprises, and research institutions [2][4]. - The event gathered over a hundred representatives from unicorn companies and more than fifty financial institutions to discuss the development paths of new productivity [4]. Group 2: Unicorn Landscape in China - According to the "GEI China Unicorn Enterprise Research Report 2025," China has entered a new stage of high-quality development with 372 unicorn companies and a total valuation exceeding $1.2 trillion, with 11 super unicorns contributing nearly 40% of the total valuation [6]. - The integrated circuit sector leads with 56 companies and a valuation of $161.8 billion, while commercial aerospace has the fastest growth rate at 150% [6]. Group 3: Shenzhen's Unicorn Companies - Shenzhen ranks first in the number of newly added unicorns, with 42 unicorns and a total valuation of $159.9 billion, averaging $37.1 billion per unicorn [9]. - The report identifies 13 new unicorns in Shenzhen, accounting for 25% of the national total, with significant contributions from sectors like smart hardware and clean energy [9][10]. Group 4: Innovation and R&D - Shenzhen's unicorn companies exhibit strong innovation capabilities, with an average of 141 authorized invention patents per company, which is nearly double that of Beijing and Shanghai [10]. - The report indicates that 80% of Shenzhen's unicorns are global enterprises, expanding their markets through overseas factories and marketing networks [10]. Group 5: Regional Distribution and Economic Impact - The Nanshan District leads in the number of unicorns with 20 companies, contributing 45% of the total valuation, followed by Futian and Bao'an districts [11]. - The overall valuation of Shenzhen's unicorns reflects a high-quality development trend, with significant contributions from super unicorns [13]. Group 6: Establishment of Support Alliance - The "Unicorn Enterprise Service Alliance" was established to support unicorn companies through resource integration, financial support, and technical empowerment, aiming to nurture 300 unicorns and 1,000 potential unicorns over three years [15].

7 月 18 日上午，大会 发布 了 《 GEI 中国独角兽企业研究报告 2025 》与《深圳市独角兽 企业及瞪羚企业研究报告 2025 》两份报告。 【导读】 2024 年全国独角兽企业达 372 家，总估值突破 1.2 万亿美元 中国基金报记者 杨晨 7月18日，2025 中国（深圳）独角兽企业大会在深圳召开。 会上发布的《 GEI 中国独角兽企业研究报告 2025 》显示， 2024 年，中国独角兽企业共 372 家，总估值超过 1.2 万亿美元。其中， 11 家超级独角兽企业贡献了超四成估值，合计 估值达 5385 亿美元。 53 家企业新晋成为独角兽。荣耀、长江存储、引望智能等 3 家新晋 独角兽同时跻身超级独角兽行列。 据了解， 2024 年中国独角兽企业分布于 41 个赛道。其中，集成电路、清洁能源、创新 药、动力电池等 7 个赛道，每个赛道拥有超过 15 家独角兽企业。机器人、企业数字运营、 新零售、人工智能等 10 个赛道，每个赛道拥有超过 10 家独角兽企业。 值得一提的是，集成电路连续 4 年成为独角兽企业数量最多的赛道，也是新晋独角兽企业主 阵地。 2024 年，集成电路赛道有 56 ...

Core Points - The announcement details the suspension of the conversion of "Weir Convertible Bonds" due to the implementation of the 2024 annual equity distribution by Haowei Integrated Circuit (Group) Co., Ltd [1] - The company will distribute a cash dividend of 2.20 yuan (including tax) for every 10 shares, with a total expected cash dividend of approximately 263.99 million yuan (including tax) [1] - The suspension of the bond conversion will occur from July 25, 2025, until the equity registration date, with resumption on the first trading day after the registration [1] Group 1 - The company will announce the implementation of the equity distribution and the adjustment of the convertible bond conversion price on July 26, 2025 [1] - Holders of the convertible bonds can convert their bonds until July 24, 2025, to enjoy the equity distribution [1] - The equity distribution plan will be adjusted if there are changes in the company's total share capital before the distribution [1]

Core Viewpoint - The legal opinion from Beijing Tianyuan Law Firm confirms the necessary approvals and procedures for adjusting the exercise price of stock options under the 2023 and 2025 incentive plans of Haowei Integrated Circuit (Group) Co., Ltd. The adjustments are deemed legal and effective based on relevant laws and regulations [1][2][3]. Group 1: Approval and Authorization - The adjustments to the exercise price of stock options for the 2023 incentive plans were approved by the company's board and supervisory committee, with specific resolutions passed regarding the granting of stock options to 777 incentive targets at an initial exercise price of 78.97 yuan per share [1][2]. - The exercise price was subsequently adjusted from 78.97 yuan to 78.83 yuan following the approval of the 2023 annual profit distribution plan, and further adjusted to 78.63 yuan after the mid-year profit distribution plan for 2024 was approved [1][2]. Group 2: Reasons and Methods for Adjustment - The adjustments were necessitated by the company's annual profit distribution plan, which included a cash dividend of 2.20 yuan per share, requiring a corresponding adjustment to the exercise price of stock options [2][3]. - The adjustment method used was P = P0 - V, where P0 is the original exercise price, V is the cash dividend per share, and P is the adjusted exercise price, ensuring that the adjusted price remains above 1 yuan [2][3]. Group 3: Conclusion - The legal opinion concludes that the adjustments to the stock option exercise prices have obtained the necessary approvals and followed the required procedures, thus being legal and effective according to the management regulations and incentive plans [3].

Core Viewpoint - Moore Threads is seeking to raise 8 billion RMB through an IPO on the Shanghai Stock Exchange's Sci-Tech Innovation Board, focusing on the development and sales of GPUs and related products for high-performance computing applications [1] Company Overview - Moore Threads, established in 2020, specializes in the research, design, and sales of full-featured GPUs, targeting AI, digital twins, and scientific computing sectors [1] - The company operates under a Fabless model, outsourcing wafer manufacturing and other processes to specialized firms [1] Market Position - The global integrated circuit industry is largely dominated by major international players like NVIDIA and AMD, while domestic companies are gaining market share through close customer service and rapid response capabilities [1] - Moore Threads has made significant strides in performance metrics, with its MTT S80 graphics card nearing the performance of NVIDIA's RTX 3060 [2] Fundraising Allocation - The funds raised will be allocated to several projects, including: - Development of next-generation AI training integrated chips - Development of next-generation graphics chips - SoC chip development - Supplementing working capital - The total amount targeted for these projects is 800 million RMB [3] Financial Performance - Projected revenues for Moore Threads are approximately 46.09 million RMB in 2022, 124 million RMB in 2023, and 438 million RMB in 2024, with net losses of around 1.84 billion RMB, 1.67 billion RMB, and 1.49 billion RMB respectively [3][5] - The company has a total asset value of approximately 708.24 million RMB and a total liability of about 259.24 million RMB as of 2024 [5] - The debt-to-asset ratio is projected to be 36.60% in 2024, a significant improvement from 62.15% in 2023 [5]

Core Points - The meeting focused on the development of the digital economy in Gansu Province, emphasizing the importance of digital transformation and infrastructure improvement [1][2] - Gansu Province has made significant progress in digital infrastructure, data market cultivation, and the digital transformation of industries, leading to enhanced enterprise efficiency [1] Group 1 - The meeting was attended by various government departments and companies, highlighting a collaborative approach to digital economy development [1] - Key leaders emphasized the need for a coordinated effort to enhance digital infrastructure and support the construction of a national computing network hub in Qingyang [2] - The focus is on developing emerging industries, including artificial intelligence and integrated circuits, to drive high-quality growth [2] Group 2 - There is a strong push for the digital transformation of industries, including the establishment of 5G and smart factories, and the exploration of smart agriculture solutions [2] - The development of a data factor market is prioritized, with efforts to establish a robust data infrastructure and promote the authorized operation of public data resources [2] - Policies will be improved to support digital economy initiatives, encouraging localized approaches to digital transformation and enhancing investment attraction [2]

Core Viewpoint - The Jinan city government is actively implementing an industrial-strengthening strategy, focusing on high-quality industrial development and enhancing the local economy through various initiatives and projects [2][3][4]. Group 1: Industrial Development Achievements - Over the past three years, the Lixia District has added 68 new industrial enterprises above designated size, with an average annual growth of 6.5% in industrial added value [2][3]. - A total of 255 industrial projects have been rolled out, with cumulative industrial investment reaching 13.823 billion yuan, reflecting an average annual growth of 26.7% [2][3]. Group 2: Action Plans and Measures - The Lixia District Industrial and Information Technology Bureau has developed a three-year action plan aimed at high-quality industrial economic development, focusing on five key tasks including the growth of industrial enterprises and the enhancement of industrial economic resilience [3]. - Sixteen specific measures have been implemented to support local enterprise growth, promote industrial transformation, and advance digitalization [3]. Group 3: Project Construction and Investment - The district has optimized its project service model, facilitating the launch of major projects such as the Bond Laser Global Headquarters and the Jinan Rail Transit Industrial Park [4]. - In the last three years, 110 new industrial technology transformation projects have been implemented, with a total investment of 8.16 billion yuan, averaging a 46% annual growth in technology transformation investment [4]. Group 4: Enterprise Support and Innovation - The district has fostered 670 specialized and innovative small and medium-sized enterprises, along with 187 "gazelle" and unicorn companies [5]. - Efforts to assist enterprises in overcoming development bottlenecks have led to successful listings, such as the AI company Yunzhisheng on the Hong Kong Stock Exchange [5]. Group 5: Future Plans - The Lixia District Industrial and Information Technology Bureau aims to enhance project development and service quality, focusing on building a favorable business environment and improving enterprise satisfaction [6]. - Plans include establishing a public service platform for industrial internet and promoting the integration of digital technologies with manufacturing to support smart transformation and the development of new industrial clusters [6].

Core Insights - The report highlights Shenzhen's dominance in the growth of unicorn companies, with 42 unicorns and a total valuation of $159.9 billion, making it the city with the highest number of new unicorns in China [2][4] Group 1: Unicorn Growth in Shenzhen - In 2024, Shenzhen added 13 new unicorns, accounting for 25% of the national total, while the overall number of new unicorns in China decreased by 10 [2] - Shenzhen's unicorns have an average valuation of $3.71 billion, with a total valuation of $159.9 billion [2] - The city is the only one among "Beijing, Shanghai, Shenzhen, Guangzhou, and Hangzhou" to see an increase in unicorn numbers [2] Group 2: Characteristics of Shenzhen Unicorns - Shenzhen's unicorns are heavily concentrated in "hard technology" sectors, with 66.7% of them in advanced technology fields such as integrated circuits and robotics [4] - The average number of authorized invention patents per unicorn in Shenzhen is 141, significantly higher than Beijing and Shanghai [4] - Over 80% of Shenzhen's unicorns are global companies, expanding through overseas factories and marketing networks [4] Group 3: Regional Distribution - Nanshan District leads with 20 unicorns, accounting for 48% of the total, followed by Bao'an District with 7 [5] - Nanshan's unicorns contribute a valuation of over $70 billion, representing 45% of the total valuation [5] - The presence of two super unicorns, Honor and Huolala, significantly boosts the valuation in the Futian District, which has a total valuation of over $49 billion [5]