On November 1, the 2019 Hurun Report's 20th Anniversary Celebration & the Most Respected Entrepreneurs' Award Dinner was held in Beijing. After being awarded the "China Outstanding Contribution Entrepreneur", Yan Bin, Chairman of Reignwood Group won the special award of the 20th anniversary celebration of Hurun Report-"Outstanding Contribution Award of Chinese Private Economy" Presented by Rupert Hoogewerf, Chairman and Chief Researcher of Hurun Report. The guests who won the award include also Chen Lihua, Chairman of Fuhua International Group, and Zong Qinghou, Chairman of Wahaha Group.

The "China's Most Respected Entrepreneur Awards Dinner" hosted by Hurun Report is the highest annual award awarded by Hurun Report. It is an assessment of the influence of Chinese entrepreneurs of the year and is widely recognized by entrepreneurs and social media.

Chairman Yan said that the "Outstanding Contribution to China's Private Economy" was very well established. Today, it is the first anniversary of President Xi ’s speech at the private enterprise symposium. Looking back on this year, looking back on the 40th anniversary of reform and opening up, and looking back on the 70th anniversary of the founding of New China, China ’s private economy has gradually grown and expanded, not only achieving business and enterprises The value of home has also contributed to society and the public, and the state has given us full recognition and support.

Talking about the original aspiration, Chairman Yan believes that entrepreneurs must have the Chen Jiageng spirit. Regardless of the size and contribution of the enterprise, they must pursue their development and make contributions under the context of the national and historical development. They should try to fulfill their personal and corporate responsibilities for the country and pass down the Jiageng spirit. 

Although the Red Bull production base of Reignwood Group in Huairou District of Beijing covers only 90 acres, it ranks among the top three in the region in terms of tax payment each year. As of 2018, it has been awarded by the Huairou District Committee and Government of Beijing as "Outstanding Economic Contribution Enterprise" for eight consecutive years. Due to his outstanding contribution to the functional beverage industry and regional economic development, Chairman Yan has also been honored as "the father of functional beverages in China" by the industry.