[March 7, 2025, Beijing] – The 2025 China Consumer Annual Summit, co-hosted by Frost & Sullivan, Forbes China, and the China Consumer CXO Innovation Center, was held in Beijing under the theme “Stabilizing the Market, Meeting Real Demand, and Driving Innovation.” The event unveiled the 2025 Forbes China Consumer Annual Awards and the 2025 Frost & Sullivan China Consumer Annual Awards, recognizing outstanding institutions and individuals in the consumer investment sector.

Harvest Capital and its founder, Song Xiangqian, received two prestigious honors:

According to the selection committee, in 2024, Harvest Capital-backed Xiaocaiyuan successfully went public on the Hong Kong Stock Exchange, while Dongpeng Beverage exceeded a market capitalization of 100 billion RMB. Song Xiangqian’s investment in Dongpeng Beverage alone yielded an extraordinary return of over 8.5 billion RMB, setting a new record for consumer investment exits in China. Despite a challenging economic environment, Song demonstrated exceptional market foresight and investment acumen, achieving results far surpassing his peers.

Navigating Market Transformations with Long-term Commitment

As digital technology, artificial intelligence, and other innovations accelerate, the global consumer market is undergoing a profound transformation. Boosting consumption remains a key priority in China's 2025 economic agenda, with the consumer sector continuing to serve as the primary driver of economic growth. In an increasingly complex global landscape, stabilizing and promoting consumption is of vital strategic importance.

Harvest Capital remains committed to long-term investment in the consumer sector. The firm aims to continue supporting industry development through strategic investments and active market engagement, contributing to the sustainable growth of China's consumer market.