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Hubei Provincial Joint Development Investment Group and Donghu High-tech Leader Visited TTGG

Date: 2018-06-11
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On the morning of June 6, the leaders of the Hubei Provincial Joint Development Investment Group (hereinafter referred to as “Liantou Group”) and Donghu High-tech leaders visited our company to conduct in-depth exchanges and discussions on promoting cooperation between the two sides. Deputy General Manager Ding Zhenguo of Lianyuan Group, Huang Min, Director of the Human Resources Department, and Yang Tao, Chairman of Wuhan Donghu High-tech Group attended the symposium. He Xiangdong, CEO of our company, Wang Hongbin, Managing Partner, and She Zhihong, Vice President of Silicon Paradise Wuhan Branch, and our company’s fund General Manager Yuan Weilin of the Product Department, Li Xiang, General Manager of the Investment Management Department, and Fu Xiong, Deputy Director of the President’s Office attended the meeting.

At the meeting, He Xiangdong expressed his warm welcome to the leadership of the Hubei Liantou Group. Afterwards, Director Fu introduced the company's development history, standardized management, and business development. He always focused on the company's characteristics, advantages, and business layout. . He Zeng said that TTGG, as a private equity investment agency with brand credibility in Zhejiang Province and even across the country, is very much looking forward to being able to cooperate with excellent organizations and realize the scale of its own asset management in the process of helping entities grow and expand. Bigger and stronger, become a century-old shop in the industry.

Liantou Group’s General Manager Ding introduced the joint venture as a state-owned large-scale holding company directly under the Hubei Provincial Government. It has three major advantages of “policy conversion, resource integration, and capital operation”, including transportation infrastructure, new urbanization, comprehensive urban development, and physical industries. The "five pillars", such as financial services, go hand in hand, and the scale of assets is nearly 200 billion yuan, which has led to hundreds of billions of yuan in social investment. It is determined to become the "Temasek Tin" of Hubei and even China. Ding said that the group is very willing to cooperate with outstanding private equity investment institutions like TTGG to jointly create value for economic development, transformation and upgrading.

The two sides conducted communication and exchanges on resource interoperability, business matching, and fund raising, and reached consensus on complementing each other and achieving win-win cooperation. Liantou Group and TTGG have complementary and strategic synergies in many areas. In the future, we expect both parties to increase cooperation and promote mutual complementarities, so as to promote mutual benefits and win-win results in serving the national strategy and serving the development of the entity economy.

 


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