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In 2013, Aileen Leeg, a US venture capitalist, used the term “Unicorn” for the first time in the media to describe emerging companies that were valued at more than billion and were unlisted. For example, they are unique and rare, just like unicorns.

Lu Jinsuo stated that “Unicorn” is not only a relatively high valuation of enterprises, but more importantly, the business model of the company is unique and has unique advantages and competitiveness in the industry. In this list, China is the second most country with "unicorns", reflecting China's world-leading innovation in these fields. Lu Jinsuo was selected as the top 10 “unicorn” by Chinese financial technology companies. This shows that international attention to the rapid development of China’s financial technology industry is also a manifestation of China’s competitiveness in financial science and technology.

According to reports, a total of 214 companies have been listed in the “Global Unicorn Companies” list, and there are 55 companies in China. In the top ten list, there are six US companies and the remaining four are all Chinese companies, including Didi Trip, Xiaomi, Lukin and Xinmei.

At present, China and the United States account for more than 80% of the "unicorns." China is the second most populous nation with the "unicorn", second only to the United States. The "China-U.S. Unicorn Research Report" jointly issued by Deloitte and China Investment Information Co., Ltd. believes that the reasons for this phenomenon are mainly related to the size of the country's Internet market, whether the infrastructure is advanced, whether the industrial structure is perfect, and the number of Internet talents. . Deloitte expects that in the coming years, China will have more "unicorn" companies in the areas of business services, healthcare, automotive, transportation, consumer upgrades, and the Internet of Things.

In this list, the "unicorn" company in the e-commerce field is the largest, followed by the Internet software services and financial technology (Fintech) field.

Industry sources stated that at present international financial centers are very concerned about the development of China's Fintech. Many financial technology companies in China are exporting China's financial technology experience and innovation to the international market. Developed countries that rely on traditional financial services are also actively seeking excellent financial services. Technology companies bring new impetus to their economic and financial fields. Financial technology has become an opportunity for China's financial industry to overtake the curve in the world.

It is understood that in July this year, Lu Jin established the Land International Platform in Singapore to use face recognition, remote identity and address verification technologies, and the Luk Institute’s original investor appropriate management system (KYC). This is also the first Chinese fintech enterprise that has set its international headquarters in Singapore, the “Belt and Road” financial hub, under the “One Belt and One Road” strategy of the Chinese government.