In early September, the “GenBridge Capital 2023 AGM” was held in Shenzhen. At a time when the consumer market is gradually rebounding, we brought together global investors and founders of portfoilos to discuss and share experiences in consumer investment and entrepreneurship.
The market has fluctuated in the past few years, and due to the pandemic, it had been four years since we last met many overseas LPs in person. Although the looming shadow of the pandemic has long dissipated, LPs still had questions about the Chinese consumer market: Is the consumer industry still a promising high-growth sector in China? Is there still room for growth in the industry when consumers are generally tightening their belts?… Addressing the concerns of investors, GenBridge’s management team elaborated on various aspects such as the mission and positioning of the fund, investment strategy, post-investment empowerment, and investment performance during the morning AGM:
- GenBridge Capital remains firmly focused on consumer investment during its growth phase: We aim to become the best consumer fund in China, empowering the new generation of “consumer champions.”
- Chinese consumer companies remain the ideal investment allocation for global investors: GenBridge Capital’s unique dual investment themes: the new generation of “national brands” and the new generation of “national chains,” not only capture the structural growth opportunities of the Chinese consumer market but also identify sustainable, long-term investment value that transcends cycles.
- Following these two major investment themes, GenBridge Capital has invested in and supported numerous outstanding representative Chinese consumer companies such as Harvest, Yeswood, Qiandama, Guoquan, and Xueji. These enterprises, with their inherent high-quality growth and continuously solidified profitability, have served the vast majority of Chinese consumers’ needs and achieved robust performance growth, truly weathering market cycles.
- As for exits, we are gradually entering a “harvesting period”: Despite challenges in the capital market this year, three excellent consumer companies have successfully listed on the A-share and HKSE, further bolstering our confidence in delivering attractive returns to LPs.