On April 26, the China High-Growth Enterprise Release Conference, jointly hosted by Tianjin Municipal Science and Technology Bureau and Great Wall Strategic Consultants, was successfully held in Tianjin. At the conference, the "China Unicorn Enterprise Research Report 2021" (hereinafter referred to as the "Report") was released.Baturu made the list with strength, marking the third time Baturu has been honored on this list. Other companies on the list include ByteDance, Ant Group, Didi Chuxing, Cainiao Network, Kuaishou, WeBank, JD Technology, and more.

Baturu on the list for three consecutive years

Model Upgrade, Delivering a Qualified Answer Sheet

In August last year, Baturu upgraded its platform model, further enhancing platform openness, supply chain health, and service satisfaction through improvements in products, services, and channels. Starting from the second half of last year, Baturu successively launched service policies surpassing industry standards, such as 24-month warranties and 7-day settlements. It also upgraded its franchisee system, allowing 200 traditional auto parts dealers to experience the value that the internet brings to the auto parts business.

This year, Baturu continues to focus on supply chain optimization and upgrading, aiming to achieve break-even in the second half of this year and become the first full-vehicle parts trading service platform with self-sustaining capabilities.

It is reported that the Great Wall Unicorn selection criteria are based on standards such as registration in mainland China, establishment no more than 10 years ago, and valuation exceeding $1 billion, with comprehensive selection through expert evaluation and on-site research visits. This inclusion is also recognition of the value of Baturu's model upgrade.

Promoting Industrial Digitalization, Leading Guangzhou's New Economy to Take Off

On April 25, the "14th Five-Year Plan and 2035 Long-Range Objectives Outline for National Economic and Social Development of Guangdong Province" (hereinafter referred to as the "Planning Outline") was officially released, explicitly stating the need to comprehensively promote digital industrialization, accelerate industrial digital transformation, and guide the cultivation of a digital economy innovation development ecosystem.

As one of Guangdong Province's top ten strategic pillar industries, the automotive industry plays an indispensable role in enhancing modern industrial competitiveness. The aftermarket, as a key link in the automotive industry chain, has profound significance for efficient and collaborative development of the chain through digital upgrading. Meanwhile, as the national auto parts distribution center, the transformation of Guangzhou's traditional auto parts industry plays a positive role in promoting regional industry chain upgrades and building industry transformation demonstration platforms.

Since its establishment, Baturu has brought new technologies and models into the automotive aftermarket, transforming traditional industry chains, and promoting the transformation and upgrading of the automotive aftermarket through infrastructure such as data, information systems, smart warehousing and distribution, and service channels.

Especially during the pandemic last year, the digital empowerment of the Baturu platform unleashed even greater value. As mentioned by Sourcing VP Zeng Haihua in an interview with Guangdong TV last year: "The pandemic has pushed us to more quickly open our accumulated infrastructure to the industry, such as information systems and data empowerment, helping more merchants achieve online business operations. Additionally, we continuously deepen the digitalization and informatization of every link, making transactions and services more intelligent and efficient."

Baturu has been on the Guangzhou Unicorn Innovative Enterprises list for two consecutive years. As a representative of Guangzhou's high-growth enterprises, it will continue to strive on the path of promoting Guangzhou's industrial digitalization.

Great Wall Unicorn List, Compass for China's High-Growth Enterprises

According to the "China Unicorn Enterprise Research Report 2021" released by Great Wall, in 2020, the number of Chinese unicorn enterprises reached a new peak of 251, with total valuation exceeding $1 trillion for the first time. There were 12 enterprises with valuations over $10 billion (inclusive), and 64 listed unicorn enterprises from the list have gone public on domestic and international capital markets in the past four years. Therefore, this list showcases the role of high-growth enterprises in high-quality regional economic development and promoting the transformation of new and old kinetic energy, revealing new directions for new economic development.

This year's unicorn list includes 32 unicorn enterprises from the Guangdong-Hong Kong-Macao Greater Bay Area, with 12 from Guangzhou. Baturu's inclusion for three consecutive years is comprehensive recognition of Baturu's industrial value, platform model, and growth potential.

In the future, Baturu will adhere to its positioning as "a high-quality service infrastructure platform," continuously upgrading traditional industries with new technological means and business models, striving to realize the new vitality of this old city in Guangzhou, and promoting the high-speed development of the new economy in the Guangdong-Hong Kong-Macao Greater Bay Area.

About Baturu

Founded in 2013, Baturu is an industrial internet company focused on the automotive aftermarket. Through data, intelligent information systems, smart warehousing and distribution systems, and offline franchisee service teams, it has pioneered one-stop, standardized, and automated operations for auto parts from transaction to delivery in the industry. To date, Baturu has served over 100,000 automotive repair enterprises nationwide, with service coverage expanding to more than 200 cities.

Its flagship auto parts platform is the largest full-vehicle parts trading service platform in China, covering over 200 car brands, 95%+ of mainstream models, and nearly 6 million+ SKUs.