WUHAN, China and NEW YORK, March 8, 2016 /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's cable 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."
Dragon Gate Investment Partners
Headquartered in New York City's midtown Manhattan, Dragon Gate Investment Partners is a unique investment firm with a special focus on globalizing and localizing sustainable and promising companies in the US and China. Our team has a well-earned reputation of excellence in providing sensible and cost-effective cross-border business solutions for a wide breadth of clientele, including public companies, financial institutions, and high-net-worth individuals.
Hubei Radio & Television Information Network
Hubei Radio & Television Information Network Co., Ltd. is principally engaged in the planning, design, construction, management, operation and development of broadcast television network in Hubei Province, China. The Company mainly operates its businesses through digital television, high definition television (HDTV), interactive TV, broadband services, value added services as well as extending services. Its value added services include video telephony, wireless fidelity (WiFi) Internet and others. Its extending services include video surveillance monitoring management platform, community network supervision and others.
SOURCE Dragon Gate Investment Partners LLC