沙利文高管受邀出席安永复旦最具潜力企业2025启动仪式暨研讨会

EY Fudan Most Promising Companies 2025

From ChatGPT's stunning entry into public view to DeepSeek's global impact, the world has been continuously amazed by the powerful capabilities of large language models. Embodied intelligence is an emerging and important research direction in the field of artificial intelligence, marking a significant step towards general artificial intelligence. It endows artificial intelligence with a 'physical carrier,' thereby building a bridge for direct communication between artificial intelligence and the physical world. The government work report for 2025 mentioned 'embodied intelligence' and 'intelligent robots' for the first time, signaling that this field has officially become a national strategic direction.

On May 23, 2025, Shanghai - the 'EY Fudan Most Promising Companies' 2025 selection activity was officially launched today and has been accepting registrations from all sectors since then. This selection will be themed 'Unlimited Possibilities - Intelligent Embodiment for a Better Future', focusing on innovative entities that anchor the integrated application of AI and robotics technology and possess the capability for large-scale implementation. It aims to help build a new ecosystem of 'technology - industry - people's livelihood' coordinated evolution, dedicated to discovering a group of non-listed companies with excellent performance and growth potential, and assisting them in rapidly growing into industry leaders.Frost & Sullivan (Frost & Sullivan, abbreviated as 'Frost & Sullivan') is the co-supporting institution for this selection event. Dr. Wang Xin, a global partner of Frost & Sullivan and Chairman of the Greater China Region, attended the launching ceremony as a representative of the co-supporting institutions and a member of the selection committee, and delivered a welcome speech.

Chen Kai, Chairman of EY China and Chief Executive Officer of EY Greater China, said"2025 is the year to conclude the 14th Five-Year Plan and begin the planning for the 15th Five-Year Plan. The explosive development of large AI models that has emerged at the beginning of the year is accelerating the reconstruction of the industrial landscape— from intelligent manufacturing to people's livelihood services. The deep integration of technological innovation with scenario applications precisely injects 'intelligent momentum' into economic growth. Embodied intelligence is an important direction for cultivating future industries in China and also a significant force leading industrial transformation, promoting economic growth, and social progress. With proactive policy-driven efforts and key technology breakthroughs, it is believed that 'embodied intelligence' will create a brand-new intelligent future."

Since its inception in 2011, after 15 years, the "EY Fudan Most Promising Companies" selection has gained widespread social influence and profound practical significance, continuously attracting attention from all sectors of society and strong support from various sectors. As of this year, including nearly 50 unicorn companies, a total of 348 emerging companies have stood out in the selection, covering many forward-looking and strategic emerging industries such as high-tech, artificial intelligence, space aerospace, biotechnology, new energy and materials.

This year's selection is jointly carried out by Ernst & Young in collaboration with a team of senior scholars and professors from the academic community led by the School of Management at Fudan University. The selection will adhere to professional, objective, and open principles, focusing on evaluating the future growth potential, sustainable development, national and international development capabilities, as well as whether an enterprise has a clear competitive advantage. At the same time, the emphasis on 'technology empowering people's livelihoods' and 'policy coordination innovation' highlighted in the Government Work Report provides a new value coordinate for the selection: we not only focus on technological breakthroughs themselves but also pay attention to the practical contributions of enterprises in promoting regional balanced development and transforming scientific research achievements. We look forward to truly transforming innovation momentum into tangible social development through identifying 'technology implementation pioneers'.

He Zhaofeng, Head of Listing Services for Greater China at EY

He Zhaofeng, Head of Listing Services for Greater China at EY, said:"15 years ago, we embarked on this journey with the School of Management at Fudan University, with the mission of discovering China's innovative forces. From focusing on innovation practices in supply-side reform in the early days to deeply integrating into the digital economy wave in recent years, this platform has always resonated with national strategies and has become a link connecting academic wisdom with industry frontiers. 15 years of accumulation have made us more clearly aware that the growth of potential enterprises requires multi-dimensional empowerment from capital, technology, and ecosystems. EY will continue to leverage its global network advantage to provide full-cycle support for selected enterprises, ranging from strategic consulting to capital market connections, to jointly write a new chapter in China's technological innovation."

EY has always been committed to focusing on the growth of emerging enterprises and encourages entrepreneurs to fully leverage their entrepreneurial spirit to illuminate the path of innovation. In the future, EY is willing to stand alongside enterprises, expand industrial boundaries with intelligent technologies, accelerate technological breakthroughs and industrial transformation, provide the 'Chinese solution' for global technology governance, and help build an open, shared, and sustainable intelligent future.

Professor, Doctoral Supervisor at Fudan University, Deputy Dean of the School of Management at Fudan University, Lü Changjiang

Dr. Wang Xin, Global Partner and Chairman of Frost & Sullivan Greater China Region

Dr. Wang Xin, Global Partner at Frost & Sullivan and Chairman of the Greater China Region, pointed out thatFrost & Sullivan has been a partner of EY's Most Potential Companies selection for the fifth consecutive year, jointly identifying and empowering emerging industry leaders in China's strategic emerging sectors.

The themes selected for MPE represent the hottest investment directions in recent years, which also possess infinite commercial potential.Dr. Wang Xin stated that the evolution from artificial intelligence to embodied intelligence represents a new advancement in the application development of intelligent technologies, and it is a crucial leap from virtual worlds towards more advanced forms of intelligence in the physical world. The development of embodied intelligence benefits from interdisciplinary integration, with a wide range of application scenarios and broad growth potential.

As a globally leading investment banking and corporate growth consulting firm, Frost & Sullivan is committed to providing professional consulting services for industries with high growth potential, strategic importance, and leadership qualities.Over the past 30 years, Frost & Sullivan has helped nearly a thousand companies successfully list on global capital markets by providing professional industry analysis, market insights, and investment and financing consulting services.Among them, there are many outstanding enterprises in artificial intelligence, semiconductors, robotics, and related fields.We have not only witnessed the growth of these enterprises but also contributed our part to their development journey.

During this year's selection process, we will continue to uphold a professional, objective, and fair attitude, strictly evaluating the participating enterprises based on a series of key indicators such as industry attributes, development models, and innovation capabilities. We strive to identify a new batch of future industry leaders. Frost & Sullivan will also continue to leverage its comprehensive investment management services in market insight, strategic planning, capital operations, and other areas. We will cooperate deeply with firms such as Ernst & Young and Fudan to empower their development.

Finally, Dr. Wang Xin said, 'Only innovators advance, only innovators are strong, and only innovators win.' In this era filled with challenges and opportunities,Let us all look forward to these most promising enterprises bravely standing at the forefront, using technological power to grasp the future, business wisdom to meet challenges, and social responsibility to demonstrate their commitment. They will lead the future industries and intelligent wearable industries towards boundless innovation and infinite possibilities!