On Sept 24, the Productivity Center of Jiangsu Province released its 2024 list of Jiangsu Unicorn and Gazelle Companies, featuring four enterprises from the Taizhou Port Economic Development Zone.
An aerial view of Taizhou Port EDZ. [Photo/WeChat account: gh_1ff53eb21f0a]
Among these companies, one has been identified as a potential unicorn, while three others have been designated as gazelle companies. This recognition underscores the strong innovation capabilities and robust growth potential of these enterprises.
Unicorn companies are distinguished by their rapid growth through technological innovation, strong core competitiveness, significant industry influence, and high valuations in capital markets, and they serve as crucial indicators of regional innovation capabilities. Potential unicorn companies represent the next wave of unicorns, serving as potential engines for regional economic growth.
Gazelle companies, on the other hand, are high-tech enterprises operating in emerging specialized fields, known for their strong innovation capabilities, rapid growth, and significant market potential.
In recent years, Taizhou Port EDZ has consistently adhered to an innovation-driven development strategy, issuing supportive policies to drive innovation among enterprises. This approach has promoted the deep integration of technological and industrial innovation, fostering new quality productive forces.