Hunan sung-hing e-commerce company ltd., inc., registered as the new development area of hunan changsha city, was elected to the first national ministry of commerce “in-line and subline integration for digital business development” and entered the china unicorn enterprise 2019 and the 2020 huyun global unicorn list. The winner was an internet “new retail” platform focused on livelihood and the first “unicorn” enterprise in hunan province, valued at over $1 billion. The platform's main positioning is to address the daily needs of household consumers and to provide products of choice, including fruit and vegetables, meat and poultry production, rice-meal oil, and daily department goods. Based on community-based convenience stores, services are provided to users through the “pre-sale + self-sold” model. At present, heung-sung has been selected for the 15 provinces of hunan, hubei, guangdong, jiangxi, sichuan, chongqing, xuanxi, guizhou, henan, guangxi, fujian, hebei, shandong, jiangsu and anhui, municipalities directly under the central government and over 6,500 local (county) cities and over 50,000 townships. At the community electrician track, the winner has been a long way ahead, with a daily average of over 12 million orders. In 2019, the annual gmv was 10 billion yuan. In 2020, the platform gmv exceeded $30 billion. Based on successful business models and sustained rapid growth in business, companies have attracted the attention and investment of a large number of well-known domestic and foreign start-ups, including ten investment agencies such as tsemble, kyoto, the united states kkr, redwood capital, lamarzi, chunhua capital, tiger foundation and today's capital。