What makes Wan Wei Yusheng a unicorn?

According to relevant data, Wanwei Yusheng was named Unicorn because Wan Wei Group holds a majority stake in it. Wan Wei Yusheng and Wan Wei Gaoxin are both first-class subsidiaries under the control of Wan Wei Group and related parties under the same control. Because Wan Wei Group holds more than half of the shares in Wan Wei Yusheng, it was named unicorn. Unicorn enterprise is a term in the investment industry, especially in the venture capital industry. Generally speaking, it refers to an unlisted startup company that has been established for less than 10 years and has a valuation of more than 10 billion US dollars. For specific information, please pay attention to official website for first-hand authoritative information.