On July 29，2024, ZERONE, a primary market financial information technology platform, exclusively released the report on IPO exits in the first half of 2024. Harvest Capital, a professional fund long focused on the consumer sector, achieved outstanding performance and was awarded the "Top 1 Best Listed Return Institution in China for H1 2024."

The full cycle of a fund includes fundraising, investment, management, and exit, with exit being a crucial metric for measuring fund performance. In the IPO exit stage, the overall performance of the capital market impacts the return level and operational difficulty of share reduction exits. The complex compliance regulatory system and regulatory trends impose various norms and constraints on share reduction behaviors. In a challenging external environment, private equity funds face significant challenges in the final IPO share reduction exit stage.

Since 2007, under the leadership of Mr. Song Xiangqian, Harvest Capital has long been focused on the consumer and service sectors, targeting essential, high-frequency, and livelihood consumer infrastructure, investing in 80% of the needs of 80% of consumers.

It is this broad and selective investment style, accumulated over time, that allowed Harvest Capital to stand out in the selection with its strength and data. As a professional investment institution, Harvest Capital always adheres to an objective and rational attitude in investment decision-making and achieves excellent performance to reward LPs and society.