The Global Unicorn Index 2023 was recently released by the Hurun Institute in Guangzhou, Guangdong province, with a total of 63 enterprises that are based in the Guangdong-Hong Kong-Macao Greater Bay Area making the list.

 

Of the listed enterprises in the Greater Bay Area, six are valued at over $100 billion. These six companies are Shein and GAC Aion from Guangzhou, WeBank and DJI from Shenzhen, as well as Oppo and Vivo from Dongguan.

 

 

The Guangdong exhibition area at a previous China Hi-Tech Fair. [Photo/WeChat account: szchtf]

 

Since the China Hi-Tech Fair (CHTF) launched in Shenzhen in 1999, it has had 24 successful sessions. It has become an exchange and communication platform for unicorn enterprises.

 

A number of unicorns brought their latest products and technologies to the event, including civilian drone maker, DJI, and autonomous vehicle startup, Pony.ai. 

 

At last year's event, Pony.ai showcased its self-developed L4-level autonomous vehicle for the first time. The vehicle features highly integrated autonomous-grade sensors, as well as the company's self-developed multi-sensor fusion technology and depth vision algorithm. This allows the vehicle to realize a detection distance of 300 meters.