Rupert Hoogewerf, Chairman and Chief Researcher of Hurun Report, said that Hurun Gazelle companies are very young, with an average age of only 8 years, but the average value has reached US$700 million. We are in the stage of the fourth industrial revolution, and the rapid development of AI is changing many industries. It can be said that today is one of the best times to start a new business. More than a quarter of Hurun Gazelle companies are already using AI to change the industry, among which fintech, blockchain and SaaS are the most affected. The integration of generative AI, machine learning, augmented reality and virtual reality, cloud computing, the Internet of Things and automation has created unprecedented opportunities for innovative and entrepreneurial companies to lead the trend in this exciting new era.