Artificial intelligence is rapidly reshaping the industrial landscape, with hard tech continuing to be a core focus for capital. Meanwhile, valuation systems, exit pathways, and industrial collaboration models are undergoing profound transformations. In the face of faster technological iteration and a more complex market environment, the key to investing is no longer just chasing trends, but rather navigating cycles and identifying innovative forces with genuine technical barriers, commercial potential, and long-term value.

Against this backdrop, on August 20, 2026, the 'Torrent - 2026 Jiazi Gravity X · Tech Industry Investment Conference' was held, bringing together leading investment institutions, core industrial enterprises, tech entrepreneurs, and industry observers to explore new trends, opportunities, and value benchmarks in China's tech investment landscape. At the event, the '2025-2026 China Tech Industry Investment List' was officially unveiled, with Xingfu Capital being honored as 'Active Investor of the Year in Smart Manufacturing'.