New York City-based Dragon Gate Investment Partners (DGIP) has partnered 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, to launch a cross-border private fund to invest in startups in the US.
The fund will provide cross-border funding solutions for US companies with international development potential and plans.
Led by Lijie Zhu, managing director, Dragon Gate Investment Partners is an investment firm with a special focus on globalizing and localizing sustainable and promising companies in the US and China.
Hubei Radio & Television Information Network Co., Ltd. plans, designs, build, manages, operates and develops 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 services include video telephony, wireless fidelity (WiFi) Internet and others. Additional services include video surveillance monitoring management platform, community network supervision and others.