Enterprises in Nantong zone listed as future unicorn companies, gazelle companies
In the Nantong National High-tech Industrial Development Zone, one company was listed as a future unicorn company and four as gazelle companies, official statistics show.
A future unicorn is a start-up valued at more than $100 million within 10 years of its establishment, while a gazelle company is a young fast-growing company worth over 1 billion yuan ($143.42 million).
The high-quality development of enterprises is the result of the zone's effort to play up the role of innovation in industrial development.
Meanwhile, the zone's authorities have launched a series of preferential policies to introduce talents and projects.
In January, a project by Singapore Gul technologies was introduced in the zone, with a total investment of over 10 billion yuan.
Gul Technologies is a leading enterprise in the field of digital information. Its investment in the zone will boost the development of the industrial cluster of information technology.
To date, the zone has formed three major industries, including auto parts, new-generation information technology, and intelligent equipment.
An aerial view of an enterprise in the Nantong National High-tech Industrial Development Zone, East China's Jiangsu province. [Photo/WeChat account: ntgjgxq]
