Group 1 - Beijing is recognized as the "Unicorn Capital" of China, with 115 unicorn companies and a total valuation of $594.9 billion, leading the nation in both metrics [1][3] - The city is fostering a cluster of unicorn enterprises characterized by technological depth and market resilience, supported by a unique policy ecosystem, talent aggregation, and capital empowerment [3][4] - Financial institutions are developing tailored financial products and services to support the high-quality development of unicorn companies, exemplified by the "Kunpeng Plan" launched by China Minsheng Bank [4] Group 2 - The Beijing government is actively guiding social capital towards unicorn enterprises through various funds and financial support mechanisms, including long-term, low-cost financing from banks [1][3] - The financial ecosystem in Beijing, including Financial Street, Zhongguancun, and the Beijing Stock Exchange, provides comprehensive financial support throughout the lifecycle of enterprises [3] - The CFO99 Forum, part of the Financial Street Forum series, focuses on themes such as financial innovation and the role of finance in supporting the development of the real economy [4]

Core Insights - The CFO99 closed-door seminar titled "'Unicorns' in Beijing's Paradigm" was held in Beijing, focusing on the unique model and future development direction for nurturing unicorn companies in the region [1] - China's Chief Economist at China Minsheng Bank, Wen Bin, noted that the economic growth in the first half of the year exceeded market expectations due to effective macro policies, but cautioned about a slowdown in global economic and trade growth in the second half [1] - Zhang Kehui, Secretary-General of the CFO99 Forum, emphasized the need for unicorn companies to balance rapid growth with compliance, optimize capital structure, focus on core assets, and establish risk hedging mechanisms to transition from "valuation leadership" to "sustainable value" [1] Financial Services Initiatives - The Deputy General Manager of China Minsheng Bank's Beijing branch, Jie Qi, introduced the "Kunpeng Plan," a comprehensive service initiative for sci-tech enterprises aimed at supporting the full-cycle growth of unicorn companies through customized financial services [1] - The "Kunpeng Plan" targets Beijing's core industries and aims to create an inclusive access system for tech companies that are either yet to collaborate or have existing but underdeveloped partnerships, facilitating project innovation and technology transformation [1] - The initiative includes tailored strategies for each enterprise, leveraging collaboration with government platforms, industry leaders, and professional service organizations to provide comprehensive support in areas such as industry matching, equity matchmaking, brand promotion, and resource integration [1]