On February 27, the Establishment Ceremony of the Shenyang Unicorn Enterprise Development Alliance and Cooperation and Exchange Conference of Beijing-Shenyang Technology Enterprises was held.

At the conference, representatives of well-known domestic unicorn enterprises, quasi-unicorn enterprises and investment institutions in Beijing-Tianjin-Hebei Region, Pearl River Delta, Yangtze River Delta and other regions gathered with representatives of unicorn enterprises, gazelle enterprises, financial investment institutions, incubation institutions, universities and colleges in Shenyang, as well as representatives of various district and county (city) governments and relevant departments in Shenyang, to discuss innovative development plans and seek opportunities for exchange and cooperation.

Last year, the number of young eagle, gazelle and unicorn enterprises in Shenyang reached 2,221, a year-on-year increase of 37.1%. Especially Shiyue Daotian Group Co., Ltd. and Shenyang Vycon Flywheel Co., Ltd. stood out and took over two unicorn enterprises in the province, achieving a zero breakthrough.

The newly established Shenyang Unicorn Enterprise Development Alliance will leverage the functions of collaborative platform, sharing platform and service platform for enterprise development, and provide high-end, specialized and integrated services such as market expansion, scenario docking, capital empowerment and talent introduction for unicorn enterprises. Moreover, it will promote the integration and sharing of innovative resources, cultivate more industry leaders, and promote more enterprises to float on the stock market.