KY New Materials Honored on the GEI China Potential Unicorn Enterprise List!
On July 9, the 2026 China Potential Unicorn Enterprise List was unveiled in Wuxi, with a total of 796 companies selected nationwide. Ren Jiarong, Deputy Director-General of the High-Tech Department of the Ministry of Industry and Information Technology, Jiang Feng, Mayor of Wuxi, Cai Fengying, Deputy Director of the Jiangsu Provincial Department of Science and Technology, Sun Wei, Vice Mayor of Wuxi, along with numerous other leaders, attended the press conference and award ceremony.
From benchmarking against world-class products to achieving domestic substitution, and from leapfrogging to establishing a global technological leadership position, the company is proud to be included on the 2026 China Potential Unicorn Enterprise List. Thanks to the forward-looking demands, stringent standards, and close collaboration of market partners such as Huawei, Hikvision, Xinwangda, VIVO, Luxshare, Amphenol, and Anwen, the company continues to explore new frontiers in areas like computing communications, intelligent driving, and high-end manufacturing, building an industry-recognized brand through superior performance and quality. Meanwhile, having successfully completed the MIIT Industrial Foundation Strengthening Project to high standards, the company has established highly automated production capacity that surpasses that of foreign monopoly leaders, enabling it to supply globally. The company will remain steadfast in maintaining its technological and production leadership, strengthening its brand position, and pursuing its global strategic objectives.
Background Introduction to the GEI China Potential Unicorn List
(Produced by Great Wall Strategic Consulting)
Issuing Organization: Beijing Great Wall Enterprise Strategy Research Institute (Great Wall Strategic Consulting, GEI), the earliest official think tank in China to systematically research and publish lists of high-growth science and technology enterprises, including unicorns. It also served as the lead drafting unit for the national standard 'Classification Guide for High-Growth Enterprises' (GB/T 41464-2022), lending national-level regulatory endorsement to the list's criteria.
Since 2019, a cumulative total of 1,695 companies have been listed on the GEI China Potential Unicorn Enterprise List. With the exception of a few companies specializing in photoresists, most potential unicorn enterprises have demonstrated remarkable growth momentum, among which 56—such as Moore Threads and Biren Technology—have already gone public, while another 149—including Xizhi Technology and ZhiXiang Future—have advanced to unicorn status. According to reports from China's Ministry of Industry and Information Technology News Network, as of 2024, cutting-edge technology companies account for 91.5% of the unicorn enterprise cohort, a significant increase from 56.4% in 2019.
KY New Materials is a national high-tech enterprise holding over one hundred patents for independent intellectual property rights. The company is dedicated to developing and manufacturing multi-block microphase morphology polyamides (MBPA), high-end adhesives, polyimides, photoresists, and other internationally advanced materials. It has independently developed multiple product lines, filling domestic gaps and achieving substantial performance advantages over foreign brands in certain categories. With R&D facilities in mainland China and Europe, KY New Materials provides critical material solutions to leading players across various industries, including integrated circuits, AI computing power, telecommunications, smart terminals, new energy, smart automobiles, rail transit, medical devices, and aerospace.