Recently, Jiangsu Province released the "2023 Jiangsu Unicorn and Potential Unicorn Enterprise Evaluation Results", and Legend Robot Technology was honored with the title of "2023 Jiangsu Potential Unicorn Enterprise"!

Unicorn companies refer to startups that are less than 10 years old and valued at more than $1 billion. Unicorn companies symbolize rarity, preciousness and legend, and they possess high growth, disruptive innovation and unlimited business potential to stand out from the competition in the market and become industry leaders.

Therefore, being recognized as a potential unicorn company is also a proof of the company's strength. Why can Legend Robot Technology be honored with this award? We can analyze it from the evaluation criteria of potential unicorns.

1、Innovation capability

Potential unicorn companies should have the ability to continuously innovate, have disruptive technological innovations, products and services, be able to lead the direction and trend of the industry, and continuously launch new products or services to respond to market changes.

Legend Robot Technology is deeply engaged in the field of construction robots and leads the industry in innovation, providing more efficient and safer construction equipment and solutions for the construction industry and construction workers, and its continuous innovation ability perfectly matches the requirements of this criterion.

2、Market opportunities

Potential unicorn companies need to consider factors such as market size, growth rate, and level of competition to select an area with great market potential and be able to find their niche from it. 

Market opportunity is the key to becoming a potential unicorn. Currently, the construction industry is developing in the direction of intelligence and automation, and construction robots, as an emerging industry, will see explosive growth. Legend Robot Technology follows the market trend, drives innovation with technology, and rapidly occupies market share with a broad market prospect.

3、Business model

Potential unicorn companies need to choose a business model that is sustainable, capable of generating objective revenues and replicable, and should also have good profitability and cash flow management capabilities. 

Legend Robot Technology provides the construction industry with efficient, convenient, automatic and intelligent construction robots that can adapt to complex scenarios, and provides highly accurate and fully automated construction solutions, and its products have realized from being constructible, leasable to saleable. At present, Legend Robot Technology has started the leasing mode, promoted the sale of products, and also gradually entered the overseas market.

4、Team Capability

Potential unicorn enterprises have an excellent entrepreneurial team, team members need to have industry experience, management ability, collaboration ability and strategic vision. 

Legend Robot Technology has such an excellent team, R & D team members from Tsinghua University, Harbin Institute of Technology, Beihang University and other well-known universities, with a composite background from design, R & D to industrialization, experienced from product development, manufacturing to commercial applications and user feedback of the full cycle of the development process, there have been a number of times to collaborate and win the honor of the industry, Whether it is strength or the ability to work together, there is no doubt.

Being recognized as a "Potential Unicorn Enterprise" in Jiangsu Province represents that Lead Magpie Technology has high growth potential and market competitiveness, which will bring more business opportunities, investment and resource support to Legend Robot Technology, empowering the brand and further promoting the development of Legend Robot Technology. At the same time, it is also an affirmation and encouragement to the strength and team of Legend Robot Technology, encouraging us to continue to move forward, constantly pursuing excellence and innovation, and striving for the realization of corporate vision and goals.