Ms. Pan has worked for China Venture Group and iResearch Consulting Group. She is skilled in data analysis and research, and has founded companies based on one-hour delivery services for convenience stores and fresh food e-commerce, accumulating years of retail entrepreneurship experience. With 8 years of early-stage venture capital experience, she has invested over 300 million yuan. In 2014, she transitioned to investment and became a founding member of iResearch Capital. After joining Chunxiao Capital, she led the investment in the consumer retail sector, specializing in new retail and achieving outstanding performance with an IRR of 87% over 20 months. She has invested in well-known start-up companies such as Linji Convenience, Miyitian Convenience, Meishi Education, and others.