Chinese unicorn companies have a total valuation exceeding $1.2 trillion USD.

The 2025 China (Shenzhen) Unicorn Enterprise Conference was held in Shenzhen on the 18th, and the research report released at the conference showed that in 2024, there were 372 unicorn enterprises in China, with a total valuation exceeding $1.2 trillion, reflecting the vibrant vitality of China's new productive forces. According to the "GEI China Unicorn Enterprise Research Report 2025" prepared by Great Wall Strategic Consulting, from the perspective of industry distribution, the integrated circuit sector led for four consecutive years with 56 enterprises and a valuation of $161.8 billion. Commercial aerospace became the fastest-growing sector with a growth rate of 150%, and frontier technology enterprises accounted for as high as 70.2%.