By Wang Weili

Recently, Great Wall Strategy Consultants published China Unicorn Enterprise Research Report 2024. There are 375 unicorn enterprises in China in 2023. Thousand Oaks Biologics(Nantong) Co., Ltd. and ARS Electronics Co., Ltd. in Nantong were shortlisted.

Unicorn enterprises are led by technological innovation, and driven by high-level talents and high-tier capital. They pioneer new fields and new race tracks, and are typical representatives of new forms of productive forces.

Thousand Oak Biologics(Nantong) Co., Ltd. focuses on CDMO in the field of macromolecular proteins. It provides one-stop CMC work from candidate molecules to clinical application and commercial production. ARS Electronics Co., Ltd. works on research, development and sale of power management integrated circuits. It has research and development centers in Zhangjiang, Shanghai, Silicon Valley, the United States and Hanoi, Vietnam, with nearly one hundred circuit research and development designers.