毅达资本董事长应文禄：投资的本质是投“人” 选对企业家是关键

Core Insights - The 25th China Private Equity Annual Conference highlighted the active investment landscape in the primary market and a technology-driven structural market in the secondary market, with a revaluation of technology assets [1][2] - There is an increasing availability of funds supporting technological innovation, exemplified by the successful launch of the first private venture capital science and technology bonds, injecting strong financial support into industrial innovation [1][2] Investment Opportunities - Three key opportunities identified for the future include: 1. Technological self-reliance 2. AI-driven industrial transformation 3. Mergers and acquisitions in the era of a stock economy [1][2] Investment Philosophy - Investment institutions are encouraged to return to the essence of investing, which is to invest in people, emphasizing that selecting the right industry is just a basic skill, while choosing the right entrepreneur who can lead the company through cycles is crucial for success [1][2] Criteria for Evaluating Companies - To identify outstanding companies, it is essential to focus on the entrepreneur's profile, assessing whether they have transformed from a "technically specialized" individual to a "comprehensive leader," and whether they possess a global perspective, refined management skills, and strong supply chain integration capabilities [1][2]