A recent report by GreatWall Strategy Consultants (GEI), titled GEI China Potential Unicorn Enterprises 2024, listed nine Xiamen companies among the "potential unicorn" firms, including A1 Snack Lab, EPiCMEMS, Xiamen Silan Microchip Manufacturing Co.,Ltd., ASL, UMU, Deep Insights, Xiamen Silan Advanced Compound Semiconductor Co.,Ltd., GeoMicro, and Iris. Representing sectors like integrated circuits, digital enterprise operations, and new consumer industries, the Xiamen companies highlight a strong presence in hard-tech fields, with five focusing on integrated circuit design and manufacturing. The number of potential unicorns reflects the vitality of innovation and entrepreneurship in Xiamen.