On January 15, the Hurun Research Institute, the world's largest compiler of startup lists, launched the inaugural "2025 Hurun China Unicorn Graduates List" in Beijing's Yizhuang area, cataloging Chinese listed companies founded after 2000 with a valuation exceeding $1 billion, ranked by enterprise value, with the valuation cut-off date set for May 15, 2025, systematically recording and honoring outstanding enterprises that have transitioned from the unicorn stage to the public markets, serving as benchmarks in industrial influence, corporate governance, and long-term value creation.
Sie Consulting earned a spot on the list alongside industry giants such as PDD, Xiaomi, and Contemporary Amperex Technology Co., Limited (CATL), a testament to its profound industry expertise and robust comprehensive strength; this honor marks a significant milestone in Sie Consulting's development journey and represents the industry's high recognition of its technological prowess and commercial value.
The list features a total of 796 enterprises, spanning 126 cities across 32 provinces in China; with unicorn graduates represented by PDD, Xiaomi, and CATL, the total value reaches 24 trillion yuan, showcasing the vibrant dynamism of China's innovation and entrepreneurship ecosystem.
Rupert Hoogewerf, Chairman and Chief Researcher of the Hurun Group, stated that viewing the Unicorn List and the Graduates List together is essential to truly understand China's innovation and entrepreneurship landscape; currently, China is home to over 1,100 young companies valued at more than $1 billion, of which 70% have already "graduated," while 30% remain in their growth phase.
Collectively, these enterprises are valued at over 30 trillion yuan, reflecting the market's positive expectations for the value they will create in the next decade.
Sie Consulting's inclusion on the list fully demonstrates its leading position within the industry and its sustained, comprehensive strength for development.
A review of the list reveals that the average上榜 enterprise took 12 years to complete the "graduation" journey from founding to the public markets.
This timeframe coincides neatly with the evolution cycle of China's technology industry—from the internet's proliferation restructuring information connectivity, to mobile internet reshaping life and commerce, and now to technologies represented by AI and large language models profoundly transforming social production and lifestyles.
Each iteration of the industrial wave has nurtured new development opportunities.
Sie Consulting's growth path has precisely matched the rhythm of each phase of industrial development.
Founded in 2005, Sie Consulting established its roots during the informatization wave, gradually accumulating industry experience and technological capabilities; its successful IPO in 2017 coincided with intelligent manufacturing and digital upgrades being elevated to national strategic priorities, injecting powerful momentum into the company's growth.
Now, after 21 years of deep cultivation in the industry, Sie Consulting has achieved a leapfrog transformation from an ERP implementation service provider to a full-stack digital-intelligent solutions provider covering three core segments: Pan-ERP, Intelligent Manufacturing, and AI, becoming a trusted core partner for numerous leading enterprises, including CATL, on their digital-intelligent transformation journeys.
Leveraging a core cooperation model of "Industrial Internet + New Energy," Sie Consulting and CATL have built a mature collaborative system covering the entire intelligent manufacturing chain, injecting strong momentum into the digital-intelligent upgrade of the new energy industry.
Currently, through its continuous deep cultivation and technological breakthroughs in the intelligent manufacturing field, Sie Consulting has maintained the top market share in MES for the high-tech electronics industry for four consecutive years, while also achieving a "triple crown" of market share in the photovoltaic and home appliance industries, establishing its leading industry position with a complete portfolio of proprietary products and extensive implementation experience.
Moving forward, Sie Consulting will continue to prioritize technological innovation, steadfastly adhering to the philosophy of "customer-centricity, persistent independent innovation, and synergistic ecological development for long-term success," guided by the concept of "new quality productive forces," deepening the integration of AI technology with application scenarios, continuously empowering industrial digital-intelligent transformation, and contributing further strength to the construction of China's innovation and entrepreneurship ecosystem.
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