2025 Hurun China Cheetah Enterprise List Released: 304 companies on the list, focusing on fields such as bio-technology.

On January 26, the Hurun Research Institute released the "2025 Hurun Future Unicorns: China Cheetah Enterprises List," which lists high-growth companies founded globally after 2000 that are most likely to reach a unicorn-level $1 billion valuation within five years. The list shows that 304 companies were listed, with companies in the fields of biotechnology, health technology, enterprise services, semiconductors, and artificial intelligence accounting for over 60% of the total.