241 young talents were listed in the "2021 Hurun U30 China Entrepreneurial Leaders", of which 23% were women, the highest in 5 years

On October 20, Hurun Research Institute released the "2021 Hurun U30 China Entrepreneurial Leaders", which aims to find entrepreneurial leaders under the age of 30 (including 30 years old) in China. This is the fifth consecutive year that the Hurun Research Institute has released the U30 China Entrepreneurial Leaders List, with more than 1,000 people on the list in five consecutive years.

This year, a total of 241 young talents from 226 companies in the top ten industries were listed, such as Wang Jie, founder of Fun Table, Wang Mingzhe, CEO of Sengong Technology, Wufeng Technology founder and CEO Wu Difei, and Chen Huaibo, co-founder of Xianwei Grandpa Condiment Brand. Their average age is 28 years old, the youngest is Huang Haobin, the founder of Weiyuan Technology from the enterprise technology industry, 21 years old; followed by Treelab He Junxuan from the enterprise technology industry and Shangrong Technology Liu Hongji from the life service industry, 22 years old. Men and women accounted for 77 per cent and 23 per cent, respectively. The business has been established for an average of 2.4 years and has an average of 95 employees.

It is worth mentioning that women accounted for 23% of the entrepreneurs on this year's list, an increase of 5 percentage points over last year, the highest in the calendar year. At the same time, among the people on the list, Musk is the most idol in life, followed by Jobs and "Chinese glass king" Cao Dewang. In May this year, the Heren Charity Foundation founded by Cao Dewang plans to invest 10 billion yuan to build the "Fuyao University of Science and Technology". Cao Dewang has donated more than 10 billion yuan over the years. It can be seen that the dream of these young entrepreneurs is first of all to be the richest man, the second to be the world's largest enterprise, and the third to be the first good.

This year, the financing scale of the listed enterprises has grown significantly, with an average financing to the A round, with an average cumulative financing of 41 million yuan (26 million yuan last year). A quarter of them have received more than 100 million yuan in financing, an increase of 2 percentage points over last year; 30% of them have no financing, an increase of 15 percentage points over last year.

For the first time, Sequoia Capital China became the investment company with the largest number of projects on the list, followed by Zhen Fund and Tencent Investment. Participated in the investment of 10 listed companies. GGV Jiyuan Capital, Hillhouse Capital, Lenovo Venture Capital, Songhe Capital, and Joy Capital are the new faces in the top ten.

"I hope that our list, as recognition from third parties, is an encouragement to these young entrepreneurs on the list, and can allow more investors, industry experts and local governments to pay more attention to them, inspire them to create the next Tencent, ByteDance, and become the next Ma Huateng and Zhang Yiming." Hurun, chairman and chief research officer of Hurun Report, said,

The policy environment, investor enthusiasm, alumni association strength, the launch of the ChiNext board and the science and technology innovation board, coupled with the entrepreneurial passion of the entrepreneurs themselves, make China's current entrepreneurial ecology reach the world-class. There are several cities in China that have done a particularly good job in the entrepreneurial ecosystem, and the six major cities of Beijing, Shenzhen, Shanghai, Hangzhou, Guangzhou and Suzhou account for half of the entrepreneurs on our 100 richest list, which is very important for young entrepreneurs, because entrepreneurship is contagious.

"The three majors of economics, electrical information and journalism and communication have the most entrepreneurial leaders, indicating that successful young entrepreneurs must first understand business, computers and communication." He introduced, "In the past five years, we have excavated more than 1,000 outstanding young entrepreneurs, including Nie Yunchen of Xicha, Xu Yi of Bilibili, and Wang Ning of KEEP. This year, we have also made an innovation to expand the U30 to more than a dozen other countries, including South Korea, India, the United States, Canada, the United Kingdom, Germany, Spain, Australia, etc., a total of more than 1,000 U30 entrepreneurial leaders will be unearthed around the world, hoping that our U30 list can inspire more promising young people to continue to move forward. ”

By region, the Yangtze River Delta region has the most U30 entrepreneurial leaders, with 72 on the list, surpassing the 61 in the Guangdong-Hong Kong-Macao Greater Bay Area. From the perspective of cities, Beijing ranks first, with 70 people; Shenzhen ranks second with 43 people surpassing Shanghai, Shanghai has 38 people, and the three major cities in North, Shenzhen and Shanghai account for 60% of the list. Hangzhou and Guangzhou ranked fourth and fifth with 19th and 18th places respectively. Hefei and Suzhou are new in the top ten.

From the perspective of industry, enterprise technology is still the preferred industry for entrepreneurs under the age of 30, accounting for 20%; entertainment media, education and advanced manufacturing ranked second to fourth; last year's ninth ranked medical and health, jumped to sixth place this year, and the proportion of people on the list rose by 5 percentage points to 7.5%.

Source: Thoughtful