Nanning Industrial Innovation Empowerment Conference Successfully Held, Announcing the 'New Infrastructure Rising Stars TOP20'

On August 21, the “Nanning Industrial Innovation Empowerment Conference and 2020 ‘New Infrastructure’ Industry Unicorn Summit,” hosted by the Administrative Committee of Nanning High-Tech Industrial Development Zone (hereinafter referred to as the “Nanning High-Tech Zone Administrative Committee”) and organized by Dark Horse Technology Group Co., Ltd. (hereinafter referred to as “Dark Horse Group”), was held at the “Innovation Hub” of the Nanning·Zhongguancun Innovation Demonstration Base in Nanning High-Tech Zone. More than 100 attendees, including leaders from the Nanning Municipal People’s Government, the Nanning High-Tech Zone Administrative Committee, the Municipal Science and Technology Bureau, the Municipal Bureau of Industry and Information Technology, the Municipal Big Data Development Bureau, the Nanning Innovation and Entrepreneurship Alliance, the Nanning High-Tech Zone Incubator Alliance, and Nanning Zhongguancun Information Valley Technology Service Co., Ltd., as well as leading local enterprises, renowned entrepreneurs, investors, and authoritative media representatives, participated in the event. They jointly explored pathways for cultivating industry unicorns, and the top 20 emerging companies on the “Nanning·New Infrastructure Industry Unicorn Rising Stars TOP 20” list were announced on-site.

Zhu Huidong, Deputy Mayor of the Nanning Municipal People’s Government, stated in his address that Nanning is a highly open and inclusive city, and he welcomed attendees to invest and establish businesses there. The municipal government has introduced a series of measures to support unicorn high-tech enterprises, including substantial support in application scenarios, government procurement, and market promotion. Corresponding policies have been implemented from the perspectives of research and development and corporate growth, with the government providing assistance equivalent to 20% of equipment investment to help enterprises expand and strengthen. Meanwhile, Nanning places great emphasis on talent development, having rolled out a range of talent-focused policies that provide targeted support for professionals and teams at various levels.

In his address, Liu Zheng, Vice President of Dark Horse Group, stated that since the Chinese government introduced the concept of “New Infrastructure” in March, industries related to infrastructure have ushered in new development opportunities. This year, Dark Horse Group has carried out a series of initiatives centered on “New Infrastructure.” Its selection and release of the “Top 100 New Infrastructure Industry Unicorns” list has helped more government bodies recognize the growth and expansion of these former unicorns. Dark Horse Group aims to leverage its acceleration platform’s service capabilities to bring more unicorns into the spotlight of the broader market, investors, and relevant municipal governments, fostering shared development around “New Infrastructure.”

At the conference, Dark Horse Ventures officially released the “2020 Nanning · Top 20 Emerging Companies in New Infrastructure Industries,” and invited Zhuang Mingheng, Partner at Longma Peak Venture Capital, to provide a comprehensive analysis of the list. Zhuang Mingheng stated that, in terms of financing, all listed companies had progressed beyond Series B funding, accounting for over 65%, with 85% valued at more than $100 million. From a revenue perspective, 35% achieved annual revenues in the hundreds of millions, and most were established after 2012. Zhuang Mingheng believes that innovative companies with proprietary technologies require sufficient time and steadfast determination to excel in this field.

Bi Yuanfeng, Co-founder of Beijing Danhuang Technology Co., Ltd.He delivered a keynote speech titled “Finding the Intersection of Medical Innovation Growth and Urban Industrial Development Curves,” defined the coordinates for future medical cities, and proposed corresponding development pathways. HeIt is believed that changes in any industry are driven by underlying technologies. These foundational technologies give rise to new scenarios and demands, leading to the emergence of new products and services, and ultimately bringing about a restructuring of the entire industrial system.Inspired by this concept, VCBeat has begun to define "Future Healthcare Hub Cities." A Future Healthcare Hub City refers to a city (or region, typically within a straight-line distance of 50–100 km) where the healthcare industry serves as the core, with the output value directly driven by the health and medical industrial chain exceeding RMB 200 billion, accounting for more than 5% of the city’s (or region’s) GDP, thereby becoming a pillar industry of the city (or region).

At the conference, Yang Hailing, Co-founder of Zhongmeng Technology; Wang Yumin, Headquarters Partner at Qinlin Technology; Meng Huasheng, Partner at UCloudLink; Wu Qifeng, Founder of Airadi; Huang Junqiang, Co-founder of Tanji Technology; Li Qiushi, Co-founder of ThreatBook; Wang Maolin, Partner at Standard Robots; Zhuang Hongzhi, Vice President of Neolix; Cheng Chuan, Founding Partner of Jiucai Investment; Yao Xiaofei, General Manager of Pegasus Tech Ventures China; Bi Yuanfeng, Co-founder of Beijing Danhuang Technology Co., Ltd.; and Yang Tinghui, Partner in the Enterprise Services Sector at Fortune Capital Intelligence, among other senior executives and investors from leading Chinese companies, took the stage one after another to deliver speeches, sharing their in-depth observations and insights on the industry.

Nanning, Guangxi, the host city of the conference, is located at the intersection of the South China Economic Circle, the Southwest China Economic Circle, and the China-ASEAN Economic Circle. Leveraging its local resource advantages and strategic geographic location, Nanning High-Tech Industrial Development Zone has accelerated the transition from old to new growth drivers in response to the current state of traditional industries. It has vigorously developed three pillar industries—next-generation electronic information, life and health, and intelligent manufacturing—thereby establishing an integrated industrial chain support system encompassing R&D, manufacturing, and logistics.

The conference organizer, Dark Horse Group, is China’s leading industrial acceleration service provider and the only listed company in the innovation acceleration sector. Over the past decade, Dark Horse has deeply empowered more than 10,000 enterprises, among which 13 have successfully gone public both domestically and internationally. Additionally, it has incubated 35 unicorn companies poised for IPOs. Dark Horse-affiliated enterprises have secured over 4,800 rounds of financing, totaling RMB 268 billion, with an average financing success rate of 37% for companies on its platform. Currently, Dark Horse is advancing its nationwide business layout through various acceleration models—including innovation acceleration, business acceleration, and capital acceleration—introducing its innovative enterprise empowerment and acceleration service system to more cities to facilitate the transformation and upgrading of urban real economies.

At this conference, the Administrative Committee of Nanning High-Tech Industrial Development Zone, in collaboration with Dark Horse Group, centered its efforts on empowering industrial innovation in Nanning, attracting a large number of industrial unicorns and potential unicorns. The participating unicorn enterprises all expressed optimism about Nanning’s technological innovation atmosphere and vitality, as well as the future development potential and business environment of the High-Tech Zone. They also expressed their intention to engage in further discussions, hoping to leverage Nanning as a window to accelerate industrial innovation and rapidly drive the transformation of corporate growth momentum.