Source: Qingke Investment Sector

On July 2, 2025, the investment community, in collaboration with Qingke Venture Capital and Qingke Research Center, officially announced the 2025 “Investment Circle TOP100” list. Alan Song, Chairman and Founding Partner of Harvest Capital, was honored with a spot in the prestigious “TOP100 Investors” list.

Qingke Research Center and the Private Placement System analyzed thousands of investment data points from candidates starting in January 2023. They evaluated five major factors: the number of individual investments, the investment amount, overall returns, the influence of the individual and their institution within the industry, and more. After careful review, the top 100 investors who have made significant contributions to China’s venture capital industry were selected.

For 25 years, China’s venture capital landscape has evolved, with many new faces emerging. Looking back at the industry’s changes, the “TOP100 Investment Industry” list highlights influential figures who have shaped the long history of Chinese venture capital.

For Harvest Capital, 2025 has been a year of outstanding achievements. We are thrilled to witness portfolio company Dongpeng Beverage reaching new heights, with its market value soaring to a new record of 100 billion RMB. Meanwhile, Xiaocaiyuan successfully listed on the Hong Kong Stock Exchange, marking the beginning of an exciting new chapter.

We remain committed to focusing on areas of essential demand, high-frequency consumption, and livelihood-related investments. We aim to support more high-quality companies in achieving breakthrough development, aligning with the times, and driving China’s consumer society toward more sustainable and high-quality growth.