On July 19, 2023, the "Investment Community TOP100" Investor Rankings were announced, with Mr. Alan Song, Founding Partner and Chairman of Harvest Capital, being selected.

This selection was jointly initiated by Investment Community (www.PEdaily.cn)—the venture capital and investment information platform under ChinaVenture—and ChinaVenture Research Center, with data support provided by Private Equity MAX, a professional SaaS system in China's private equity investment field.

The "Investment Community TOP100" investor selection has been held for eight consecutive years and has become a window for observing industry changes. Since its official launch, this edition has attracted thousands of early-stage, VC, PE, and strategic investors to actively participate.

Investment Community, ChinaVenture Research Center, and the Private Equity MAX system compiled tens of thousands of investment data points from candidates since January 2020, comprehensively evaluating five major factors: number of individual investment enterprises, individual investment amount, comprehensive return level, and the industry influence of individuals and their institutions. From over 1,000 candidates, 100 outstanding investors who achieved impressive investment performance while promoting China's venture capital industry were selected.

Currently, China's venture capital ecosystem is undergoing profound changes. Through the 2023 "Investment Community TOP100" investors, we can clearly see these scenes—cases of becoming famous through well-known internet projects are increasingly scarce; more and more investors are active on the hard-tech battlefield; the A-share market is becoming the most important listing stage; more technology innovation legends are closely connected with national development.

As a selected consumer-focused investment institution, we deeply understand the importance and significance of investing in China's consumer and service industries.

As China transitions from the third to the fourth consumption era, it faces unprecedented changes and prepares for the test of stormy waves. In the post-pandemic era, both China's economy and consumption face recovery. Harvest Capital continues to value Chinese consumer enterprises with essential, high-frequency, livelihood-oriented, and infrastructure capabilities, investing in Chinese branded consumption and scalable enterprises.

The Harvest Capital investment cases nominated by ChinaVenture this time are Eastroc Beverage, Laoxiangji, Babi Food, Qiaqia Food, and Aimer. These align with Harvest Capital's logic of investing in Chinese consumption, addressing 80% of the fundamental needs of 80% of Chinese people.

In primary market investment, some ultra-long slow variables in China's economic and social development will significantly impact investment logic through their effects on economic structure. China's 1.4 billion population represents the world's largest market and the world's largest unified market, though purchasing power distribution remains uneven. The future prosperity of the consumer industry requires increased per capita disposable income for Chinese people.

As the overall level of China's entrepreneurial market continues to improve, more high-quality Chinese enterprises, Chinese stories, and Chinese values will certainly emerge in the future. We thank ChinaVenture and wish China's economy and consumption well. Though the road ahead is long, we have our joint efforts.