Recently, at the 2025 Enterprise Science and Technology Innovation Development Forum held in Shenzhen, Great-wall Enterprise Institute released the 2025 Research Report on GEI Chinese Potential Unicorn Enterprises. A total of 816 enterprises nationwide made it onto the list, among which 4 enterprises were from our city — Yaoning New Energy, Zhongjiao Huiyun, Hengtron Nanotech, and Yaohong Electronics. This demonstrates the phased achievements made by Yancheng in building a renowned city of industrial science and technology innovation and fostering new productive forces.
Jiangsu Yaoning New Energy Co., Ltd. is located in Jianhu County. Dedicated to leading the global innovation in the electrochemical industry, the company strives to complete the energy service ecosystem for people, vehicles and houses. Focusing on the fields of power batteries and energy storage, its self-developed lithium iron phosphate blade batteries boast such features as “equivalent lifespan to that of fuel vehicles”. They are the world’s first battery product to pass the 8-needle simultaneous puncture test and the real projectile penetration test.
Jiangsu Zhongjiao Huiyun Technology Co., Ltd. is located in Yannan High-tech Zone, and specializes in the field of heavy-duty truck transportation and logistics services. Supported by technologies such as freight big data and geographic positioning, the company integrates scattered social transportation resources into an online freight platform, and provides one-stop transportation services for shippers.
Jiangsu Hengtron Nanotech Co., Ltd. located in Yancheng Economic and Technological Development Zone, is specializing in the research and development, production and sales of new energy battery core materials. It has broken through key technologies and continues to lead the global market in lithium battery cathode material LMFP. From 2023 to the first half of 2025, its shipments ranks first in the world.
Jiangsu Yaohong Electronics Co., Ltd. is located in Dongtai City, and mainly engages in the business of high-end copper-clad laminates and IC substrates. Adhering to the principle of taking technological innovation as the guide, the company has established industry-university-research cooperation mechanisms with renowned domestic universities including China University of Geosciences and University of Shanghai for Science and Technology, and formed strategic partnerships with well-known enterprises such as Samsung and Aoshikang. The performance of its products has reached the world’s advanced level.