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Yuanqing Technology

Produces low-sugar, low-calorie beverages

Overview

Genki Forest makes healthier beverages with low or zero sugar and calories, using erythritol, and offers sparkling water, ready-to-drink teas, milk teas, and energy drinks sold through direct-to-consumer e-commerce, wholesale partners, and offline retailers. Its products are developed through a fast, data-driven cycle (new flavors every 3–6 months) and the company now owns production facilities to ensure quality and create preservative-free drinks. Differentiating itself with a tech-backed approach, aggressive digital marketing, KOL collaborations, and owning manufacturing, Genki Forest blends online and offline channels to reach health-conscious Gen Z and Millennials at scale. The goal is to become a globally recognized healthy beverage brand by delivering tasty, low-calorie drinks through a rapid product pipeline and a hybrid distribution network.

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About Yuanqing Technology

Simplify's Rating
Why Yuanqing Technology is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Food & AgricultureData & AnalyticsIndustrial & ManufacturingConsumer Goods

Company Size

201-500

Company Stage

Late Stage VC

Total Funding

$220.6M

Headquarters

Xicheng District, China

Founded

2016

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Simplify's take

What believers are saying

  • Genki Forest logged third straight year of double-digit growth in 2025.
  • Founder Tang said retail reached 1.28 million outlets by year-end 2025.
  • Vitamin water sales jumped 128% year over year, broadening growth beyond sparkling water.

What critics are saying

  • Bloomberg reported Hong Kong IPO talks in January 2026, then Genki Forest denied them.
  • 2026 coverage flagged 411 Black Cat complaints for quality, false advertising, and service.
  • Nongfu Spring, Yibao, Heytea, and Nayuki are crowding sugar-free beverages now.

What makes Yuanqing Technology unique

  • Tang Binsen built Genki Forest from ELEX with internet-style product iteration.
  • Phase-two Tianjin manufacturing started in February 2026, tightening quality control and speed.
  • Genki Forest still anchors on sparkling water while expanding iced tea and functional drinks.

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Funding

Total Funding

$220.6M

Above

Industry Average

Funded Over

2 Rounds

Late VC funding comparison data is currently unavailable. We're working to provide this information soon!
Late VC Funding Comparison Coming Soon

Growth & Insights and Company News

6 month growth

1%

1 year growth

0%

2 year growth

0%
Sohu
Nov 1st, 2022
估值已超康师傅市值,元气森林拿什么撑起这150亿美元?_融资

而在此前,元气森林创始人唐彬森公开表示,2021年将是其“产品大年”,并称还有95%的产品未推出。 截至目前,包括可口可乐、百事等多家碳酸饮料巨头,均具备从上游原料到下游产品生产的完善供应链体系,这…

Vola News
Jul 27th, 2020
China's Beverage Brand Genki Forest Is Raising Fresh Capital with A Post-Round Valuation of USD 2 Billion: Report

The firm has been on the rise in recent years, thanks to its "zero sugar", "zero fat", and "low calories" ready-to-drink products.

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