Harvest Capital and Portfolio Companies Support Wuhan | First Wave of Donations Underway
Date: 2020-01-29 Views:
Harvest Capital is taking action to support Hubei.
The novel coronavirus has struck across the country, and the outbreak in Hubei, the hardest‑hit region, weighs heavily on everyone’s hearts.
As an investment fund deeply rooted for years in major consumer sectors covering daily necessities, food, housing, transportation, healthcare, education, entertainment, and wellness, Harvest Capital is closely concerned about the public amid the severe situation. We have actively responded by donating RMB 1 million in relief funds, caring for affected families, and joining with many Harvest Family companies to contribute and stand together with the people of China through this difficult time.
To date, Harvest Capital and our Family enterprises have donated over RMB 235 million in cash to the affected areas, along with substantial quantities of medical supplies, meal services, insurance coverage, and more.
A shared commitment warms this winter. Through this effort, Harvest Capital and our Family enterprises extend our deepest respect to all frontline heroes battling the outbreak. The first wave of donations is ongoing and will be updated continuously.
Taikang Insurance Group
On January 24, as a representative Chu‑based enterprise, Taikang Insurance Group announced a donation of RMB 10 million to medical and epidemic‑prevention institutions including Wuhan University People’s Hospital, Zhongnan Hospital, and Wuhan Tongji Hospital, along with 150,000 medical surgical masks. Earlier, on January 22, Taikang took the lead in providing insurance coverage of RMB 200,000 per person to over 100,000 medical staff fighting the novel coronavirus on the front lines in Wuhan. The policies are now in effect.
Meituan
On January 26, the Meituan Foundation announced a donation of RMB 200 million to establish a national special fund for medical‑staff support and care. The Meituan public‑welfare platform has also opened online fundraising channels for charities such as the Chinese Red Cross Foundation. Meituan has urgently coordinated with branded catering merchants to provide 1,000 free meal deliveries daily to frontline medical and epidemic‑response personnel at hospitals including Wuhan Fifth Hospital and Wuhan Hanyang District People’s Hospital.
Eastroc Beverage
On January 28, Eastroc Beverage Group decided to donate RMB 12 million in cash to Wuhan through the Chinese Red Cross Foundation to support epidemic‑relief efforts. Additionally, since January 26, the Group has donated nearly 1,600 cases of Eastroc Special Drink to the Huoshenshan Hospital construction site and major hospitals in Wuhan, and 1,000 cases of beverages to DiDi’s Wuhan “Medical Support Fleet.”
Easyhome
On January 27, Easyhome announced a donation of RMB 20 million in cash and medical supplies to support its home province of Hubei in fighting the pneumonia outbreak. Of this, RMB 10 million in cash was transferred before January 27 to the Red Cross Society accounts in Wuhan, Huanggang, Luotian, and Huangmei. Another RMB 10 million worth of urgently needed medical supplies is being sourced from overseas locations including the United States and Japan and will arrive in full shortly.
Xiao Guan Tea
On January 26, Beijing Xiao Guan Tea Co., Ltd. urgently donated RMB 1 million in cash to the Chinese Red Cross Foundation to assist in the fight against the novel coronavirus. The company also donated Xiao Guan Tea thermal travel cups worth RMB 1 million to frontline medical staff, helping them and the public carry out safer treatment and care.
Yenova Decoration
As a leading enterprise in the home‑furnishing industry, Yenova Decoration Group is deeply concerned about the epidemic in Hubei. On January 27, the Group donated RMB 1 million to the Wuhan Charity Federation to support frontline epidemic‑prevention and control work in Wuhan.
Qiaqia Food
On January 27, Qiaqia Food sourced nearly 200,000 medical masks through its overseas subsidiary in Thailand, with a total value of RMB 2 million. The company also prepared nearly RMB 2 million worth of Qiaqia food supplies for relief efforts in the affected areas. Supplies are now being organized, and the masks will soon be shipped from Thailand to China, aiming to reach Wuhan as quickly as possible.
Laoxiangji
In response to the outbreak, Laoxiangji activated its highest‑level emergency plan and publicly solicited feedback on the logistical meal needs of medical workers in the affected areas. On January 27, upon notification from the Shanghai Railway Administration, 200 Laoxiangji care meals were urgently sent by train to Wuhan. More Laoxiangji meals are being delivered daily to several hospitals including Wuhan Fourth Hospital Gutian Branch, Wuhan Sixth Hospital, Wuhan Central Theater Hospital, and Wuhan Changjiang Shipping General Hospital, with nearly 1,000 meals provided each day.
Wenheyou
Wenheyou Catering responded swiftly to the epidemic by offering 10,000 free care meals for medical staff on duty. In recent days, these meals have been continuously delivered to major hospitals.
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