Dragon Gate & HRTN Announce Strategic Partnership
WUHAN, China and NEW YORK/PRNewswire/ -- Dragon Gate Investment Partners (DGIP) today announces its strategic partnership with Hubei Radio & Television Information Network (HRTN), a public company listed in Shenzhen and the largest radio, TV information provider in China's Hubei Province.
The two companies will co-found a cross-border private fund to invest in high-quality startups in the US. The fund will provide cross-border funding solutions for US companies with international development potential and plans.
"We're glad to partner with Hubei Radio & Television Information Network, who is a major player in China'scable and network industry," said Lijie Zhu, managing director of Dragon Gate Investment Partners.
"Our partnership with Dragon Gate Investment Partners will allow us to invest in US startups," said Qiyang Wang, chairman of Hubei Radio & Television Information Network. "Thanks to Dragon Gate's invaluable experience in global business solution and startup investment, we can now provide not only the money, but the possibility to grow in the international market."
Source: Dragon Gate Investment Partners