In June 2023, at the grand National Conference on Practical Entrepreneurship, the prestigious title of “2023 Outstanding Entrepreneur of Action”—jointly selected by the China Quality Certification Supervision and Management Center and the China Enterprise Credit Evaluation and Certification Center—was officially announced. Mr. Jitong Yao, Founder and Chief Executive Officer of Mutong Capital, was recognized with this distinguished honor.
Mr. Yao is not only the driving force behind Mutong Capital but also a leader who bridges the worlds of investment and philanthropy. With extraordinary business intuition and sharp market insight, he has achieved remarkable success in the investment field and is widely acknowledged as one of the industry’s outstanding figures.
Mutong Capital has earned recognition not only for its unique and efficient investment model but also for the long-term value empowerment it provides to portfolio companies. Guided by the principle of “Capital Shapes Enterprises, Co-Benefit Leads the Future,” Mr. Yao and his team have focused on education and ESG investment sectors, successfully incubating numerous pioneering start-ups. In its very first year of operation, Mutong Capital deployed more than USD 5 million to support seven start-ups, four non-profit organizations, and one foundation, while also forging strong partnerships internationally with collaborators in China, the United Kingdom, and the United States.
Equally notable is Mutong Capital’s exploration of interaction models between capital, social enterprises, and charitable organizations. Its vision is to commercialize philanthropy while restoring business to its original mission of serving the public good. Upholding the belief of “people-oriented and business for good,” Mr. Yao actively engages in social welfare activities and has frequently spoken on stage to share his entrepreneurial journey, inspiring younger generations to embrace entrepreneurship with courage and purpose.
Winning the title of 2023 Outstanding Entrepreneur of Action represents the highest recognition of Mr. Yao’s relentless pursuit and exceptional achievements in the investment sector over the years. In his remarks, he noted that this honor would serve as a new starting point to further strengthen his commitment to technological innovation and social responsibility, with the aim of advancing sustainable business development.
As the old verse says: “When a hundred boats compete, the one who rows hardest takes the lead; when the waters are rough, only the brave prevail.” Mr. Yao is undoubtedly such a pioneer—through wisdom, determination, and a profound sense of social responsibility, he has left an enduring mark on China’s innovation and entrepreneurship landscape. We extend our highest respect for his remarkable accomplishments and look forward to his continued brilliance in the years ahead.
Gates Yao 