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Hailing Industrial Park nurtures potential unicorn firm

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etaizhou.gov.cn|Updated: September 30, 2024

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An expansive view of the Hailing Industrial Park in Taizhou. [Photo/WeChat account: gh_4df9b5f9b40b]

Jiangsu Zhitai New Energy Technology, located in Hailing Industrial Park, Taizhou, Jiangsu province, has been recently selected as a provincial-level potential "unicorn" firm, first of its kind in the park.

Unicorn enterprises refer to companies that have entered a period of prosperous development through technological innovation, with outstanding overall benefits, strong competitiveness, significant influence, and high valuations in the capital market.

Launched in 2018, Jiangsu Zhitai New Energy Technology has primarily focused on energy storage applications, providing comprehensive products and solutions centered around lithium-ion and sodium-ion batteries.

The company is dedicated to research and development, manufacturing, sales, and services of industrial and commercial energy storage, large-scale energy storage, communication backup power storage, and residential energy storage.

The company has received multiple honorary recognitions, including national-level specialized and sophisticated "little giant" firm, Jiangsu engineering technology research center, and provincial three-star cloud enterprise. A number of its products have been included in the provincial catalog of key and new technologies and products for promotion and application.

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