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Two Projects Invested by TTGG Won National Quality Investment Project Award

Date: 2017-06-27
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“2016-2017 National Quality Investment Project Commendation Activity” managed by National Development and Reform Commission and hosted by the Investment Association of China was held in Beijing on June 24th, where commendation list of “2016-2017 National Quality Investment Project” was announced. Lianchuang Electronics Technology Co., Ltd. (“LCE”) and Zhejiang Starry Pharmaceutical Co., Ltd. (“Starry”) invested by TTGG stood out from the many projects and were awarded the National Quality Investment Project Award (Equity Investment).

 

LEC is a high-tech enterprise specializing in R&D, manufacturing and sale of optics lens, touch display and other key optical and optoelectronic products applied to smart phones, tablet PC, motion camera and other mobile terminals and wearable devices. TTGG together with its parent company GGTT made multiple times of investment in the company to facilitate its substantial development in terms of strategic layout, industry position and market development, etc. TTGG helped the company enter the capital market in 2015, jointly established industry fund and acquired companies listed on KOSDAQ, opening the gate of leapfrog development.

Two Projects Invested by TTGG Won National Quality Investment Project Award 

Starry mainly engages in R&D, manufacturing and sale of API and intermediates of x-ray contrast medium, quinolone antibacterials and other drugs. After making the investment, TTGG, by virtue of its professional advantages, assisted the company in strategic planning, industry layout expansion as well as listing, facilitating its successful listing in SSE in 2016. At present, Starry has become the domestic largest API supplier with most complete varieties for X-CT non-ionic iodinated contrast medium.

 

The National Quality Investment Project Commendation Activity initiated by the Investment Association of China in 2006 has been extensively recognized by the society. In December 2009, this project was confirmed by the Office of Inter-Ministerial Meetings of the State Council for the Work of Cleaning out and Normalizing the Rating and Standard Compliance Commendation Activity as the national rating and standard compliance commendation activity, which should be carried out once every two years. This commendation activity went through the procedures of application, recommendation, review, approval, announcement, etc., possessing high reputation.


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