2022The year is a crucial one for the implementation of the "14th Five-Year Plan" and also an era of forging ahead towards the second centenary goal. Faced with pressures from shrinking demand, recurring pandemics, and internal and external environmental shocks, enterprises are increasingly facing risks and challenges. At the same time, the complex and ever-changing pattern of the times, along with the unpredictable changes in the competitive landscape, also mean that enterprises have embraced more opportunities and transformations. On an extremely challenging path, many outstanding Chinese entrepreneurs fully grasp the changing market environment, focusing on the metaverse, chips, new energy, robotics/Automation systems, life sciences, cloud computing/Explore and innovate in opportunity areas such as digitization, mobile travel, and new retail. While stimulating the advantages of China's large domestic market and promoting domestic circulation, enhance the international influence and competitiveness of Chinese brands, and help our country accelerate its advancement to the forefront of innovative nations.
2022year9month15On the 1st, EY Greater China hosted “EY Fudan Most Promising Companies2022The awarding ceremony and the High Growth Enterprise Symposium ” were held in Shanghai. Frost & SullivanFrost & SullivanFrost & Sullivan, referred to as the 'Frost & Sullivan Group', is a cooperative supporter of this selection event. Dr. Wang Xin, Global Partner and President of Greater China at Frost & Sullivan, attended the award ceremony as a member of the judging panel, delivered a welcome speech for the event, and presented awards to representatives of some of the winning companies.
Bing Shunjie, Partner-in-Chief of EY Greater China, said: "Standing at the historical juncture of comprehensively building a modern socialist country and achieving the second centenary goal, the complex and ever-changing market environment has brought new challenges to enterprises. We still see many outstanding entrepreneurs deeply committed to innovation, seizing the new opportunities brought about by digital technology transformation. In fields such as the metaverse and chips, which are at the forefront of the market, there have emerged many emerging companies that are growing rapidly. We believe that these outstanding enterprises can bring new perspectives to the market, play their innovative leading role in the industry, accelerate the fundamental transformation of development drivers, and push China to the forefront of innovative countries."
Global Partner and President, Greater China at Frost & Sullivan Dr. Wang Xin
As a global growth consulting firm, Frost & Sullivan brings together the world.61years of consulting experience,24Over the past year, Frost & Sullivan has wholeheartedly served the booming Chinese market. With a global perspective, we have helped clients accelerate their business growth and achieve leading benchmarks in industry growth, innovation, and technology. Dr. Wang Xin stated that this year is the second time that Frost & Sullivan has served as a co-supporting institution for the selection of the most potential enterprises at EY Fudan. Frost & Sullivan was fortunate to participate throughout the nomination and evaluation process and was delighted to witness the birth of another group of future industry leaders.
Dr. Wang Xin pointed out that the 'EY Fudan Most Potential Enterprise Award' is a national award with strict selection criteria, significant influence, and high value. Over the years, the judging committee has dedicated a great deal of effort to discovering many high-quality emerging enterprises with great development potential through layers of evaluation. It has truly helped enterprises improve their ability to seize opportunities and face challenges, build core competitiveness, and achieve future high growth.
Since the Frost & Sullivan team began providing investment and financing advisory services to corporate leaders and their management teams, it has helped nearly a thousand companies successfully list on global capital markets. 'By coexisting with and observing the growth trajectories of these industry leaders over the long term, we have found that, "Growth" should not be limited solely to numerical metrics of business scale or revenue growth. It is more about whether enterprises can continuously seek breakthroughs and innovation in their respective fields and tracks, and whether they can create value for industrial development, people's livelihoods, and economic growth," said Dr. Wang Xin.
Therefore, during this review process, As one of the members of the selection committee, Frost & Sullivan paid special attention to the potential demonstrated by all nominated shortlisted companies in terms of technological transformation, model innovation, product iteration, and application expansion.
Chair of the EY Fudan Most Potential Enterprise Selection Campaign, Partner-in-Charge for Listing Services in Greater China at EY He Zhaofeng
He Zhaofeng, Chairman of the EY Fudan Most Promising Companies Selection and Managing Partner for EY's Greater China M&A Services, said: 'With the in-depth development of a new round of technological revolution and industrial transformation, virtual reality, cloud computing/High-tech industries such as digitalization and healthcare have shown broad development prospects.2022The year is a critical one for the digital transformation of Chinese enterprises, as the development of the digital economy has entered a new phase of guidance, implementation, and advancement from top-level planning and design. For enterprises, creating new tracks, industries, fields, and technologies will be ways to enhance their competitiveness. In the future, we believe that both the development of the digital economy and hard technology sectors will maintain a high growth trend.
In addition, Lv Changjiang, a professor at Fudan University, doctoral supervisor, and deputy dean of the School of Management at Fudan University, and Zhang Fengming, president of the China Financial Information Center, also delivered speeches at the award ceremony.
Professor, Doctoral Supervisor at Fudan University, Deputy Dean of the School of Management at Fudan University Lv Changjiang
President of China Financial Information Center Zhang Fengming
There are a total of23The enterprise was honored with the 'Most Potential Enterprise Award'.9The enterprise was awarded the 'Most Potential Seed Enterprise Award'. The emerging enterprises shortlisted mainly cover virtual reality, chips, and robotics./Automation systems, cloud computing/Eight major industries: digitalization, new energy, mobile travel, healthcare, retail.
Dr. Wang Xin presented awards to representatives of some of the winning enterprises
The 'EY Fudan Most Promising Companies' selection committee believes that China's current economic and social development has entered a new stage of accelerating the construction of a new development pattern. Under the basic positioning of high-quality development, the winning companies have been continuously active in exploration and innovation, representing corporate models with creativity and an innovative spirit in today's business world. They will further provide new impetus for China to enhance its high-level scientific and technological self-reliance and strength, and rank among the world's leading scientific and technological powers. .
In the future, Frost & Sullivan hopes to continue collaborating with global think tanks such as EY, Fudan University, and China Financial Information Center, top professional institutions, and authoritative media organizations to jointly empower emerging potential enterprises to achieve all-round success!
Dr. Wang Xin takes a group photo with members of the selection committee (partial)
About the "EY-Fudan Most Promising Company Award"
The 'EY Fudan Most Potential Enterprise' selection is an open competition, and the participating enterprises must be non-listed companies with excellent performance and growth potential. This year's judging panel continues to consist of partners from EY's member institutions in China, as well as senior experts and scholars from the School of Management at Fudan University. Dr. Wang Xin, who has served as a member of the independent judging panel for the Ernst & Young Entrepreneur of the Year multiple times, also serves as an industry advisor to this year's selection committee. Consider the comprehensive strength of potential enterprises from aspects such as 'good future growth prospects and sustainable development', 'national and international development', and 'distinct competitive advantages'.
This selection aims to recognize and encourage the practices of emerging enterprises that have made remarkable progress over the past year by highlighting their latest achievements and highlights in tapping into market space. It is intended to enable domestic and international capital markets to further understand China's outstanding emerging enterprises and help them shine brightly.
