On March 25, the Municipal Economic Information Commission released the public list of 2024 municipal unicorn and gazelle enterprise selection and identification, intending to identify 7 enterprises such as Avita Technology as Chongqing unicorn enterprises, 16 enterprises such as Yulong Optoelectronics as Chongqing potential unicorn enterprises, and 145 enterprises such as Superwheel Technology Inc. as Chongqing Gazelle enterprises. Superwheel Technology Inc. won the Chongqing Gazelle Enterprise.

Unicorn refers to a high-growth enterprise whose value is recognized by investment institutions and whose valuation still has room for improvement. Gazelle enterprise refers to a high-growth enterprise whose business model has been recognized, whose revenue or number of employees has reached a certain scale, and which has entered a high-speed growth period.

Unicorn and gazelle enterprises need to have three types of development characteristics of "new, fast and large"

"New" means that from the perspective of industrial attributes, unicorns and gazelles must be high quality enterprises in the field of new technologies, new industries and new formats in Chongqing. "Fast" means that from the revenue view, the Gazelle enterprise is required to have a compound growth rate of operating income of more than 15% in the past three years, and the potential unicorn and unicorn enterprises are required to be established for not more than 9 years and 10 years, respectively, and the valuation is more than $100 million and $1 billion. "Big" means that from the perspective of revenue and financing scale, the minimum revenue of gazelle enterprises is required to be more than 10 million yuan, and the potential unicorn and unicorn enterprises are financed by not less than 5 million US dollars and 50 million US dollars, respectively.

Superwheel Technology Inc. founded in August 2016, registered capital of 222 million yuan, covers an area of 280 mu, is the world's only original use of "FSW" friction stir welding, the use of 6 series aluminum alloy combined with A356.2 cast aluminum alloy, Modular, low carbon way to produce ultra lightweight automotive wheels of high tech enterprises, we have applied for invention patents and utility model patents more than 80, the company has obtained: National high tech Enterprise, National Intellectual Property Advantage Enterprise, National Green Factory, Chongqing Technology Innovation Demonstration Enterprise, Chongqing Enterprise Technology Center, Chongqing intellectual property advantage Enterprise, Chongqing Green Factory, Chongqing "specialized and special new" enterprise, Nanchuan District excellent private enterprise, advanced grass roots Party organization, in 2019 won BAIC off road vehicle Key Breakthrough Award and many other Honor.

The company's products have been loaded and used in a large number of off road vehicles and new energy vehicle manufacturers in China, while exporting to Europe and the United States, and in depth cooperation with well known American brands: FORGIATO, WHEELPROS, CWH, CTC and so on.