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Carbonstop Selected into the Top 500 Stealth Unicorn

Carbonstop Selected into the Top 500 Stealth Unicorn

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On December 9, the "2020 China Hidden Unicorn 500 Conference," jointly organized by the Hefei Municipal Government and the China Private Enterprise Research Center of Renmin University of China, grandly opened in Hefei. Lu Hui, Founder and CEO of Carbonstop, delivered a keynote speech as a representative of the winning enterprises.

At the conference, Lu Hui, Founder and CEO of Carbonstop, was one of the top ten representatives to deliver a keynote speech and participate in the investment roadshow. In his speech, Lu Hui pointed out that with China's goal to achieve carbon neutrality by 2060, there is an increased demand for enterprises to manage and measure carbon emissions and provide corresponding emission reduction services. Since its establishment in 2011, Carbonstop has been dedicated to providing carbon emission management services to enterprises. As a top-three player in the industry, Carbonstop has served over 1,000 enterprises and institutions, including Fortune Global 500 companies and world-class organizations both domestically and internationally, such as Alibaba, Baidu, JD.com, Ant Group, Vanke, CNOOC, Microsoft, and Starbucks. By 2020, the company had helped its clients reduce carbon emissions by a total of 100 million tons and indirectly influenced the low-carbon behavior changes of 800 million people through its client products. Due to its significant contributions to UN SDG 12 "Responsible Consumption and Production" and SDG 13 "Climate Action," Carbonstop has received support from organizations including the United Nations Environment Programme, Expo Dubai, the Alashan Foundation, and the U.S. Energy Foundation.

The evaluation criteria for the China Hidden Unicorn 500 are: a company valuation above 200 million RMB, possessing innovative or disruptive technology, having a non-replicable business model, being established for about 5 years, aligning with current policy orientations, and not having any significant negative public opinion. It is understood that most hidden unicorn enterprises are distributed in strategic emerging industries such as artificial intelligence, big data, the internet, 5G, and new energy vehicles, making them high-quality targets for regional industrial upgrading and attracting investment. The theme of the 2020 China Hidden Unicorn 500 Conference was "New Forces in Science and Technology Innovation Enterprises." Apart from leaders from national ministries, Anhui Province, and Hefei City, as well as renowned scholars and experts, the conference also attracted more than 200 chairmen and CEOs from China's Hidden Unicorn 500, the Global Unicorn 500, and domestic well-known financial investment institutions, with over 300 guests in attendance.

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