displaydaily.com posted our PR, but its disappoin
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Posted On: 02/01/2017 4:04:33 AM
displaydaily.com posted our PR, but its disappointing they did not include GTG company description at the bottom, because it is so impressive. What a strong partner! There is so much to talk about in this paragraph (reprinted at the bottom of this post.) This is a comment I left that was published on DD-
What is notable to me is that there will be TWO R&D and Production Centers, not just one as was reported by QMC early last year. This represents an increased funding and project commitment. The generous concessions of the donation of prime location land is significant because it will allow for expansion as more projects are started, in close proximity to Quantum Materials facility. The 5 year state tax exemption will allow new subsidiaries and joint ventures to be more competitive in the marketplace at their start. Their goal is rapid growth in the display field. Quantum Materials Corp (US public listed company) showed a film at the recent CES by invitation in their suite. The full PR on globenewswire includes a paragraph describing GTG, the China partner. It discusses their background, financial resources and includes a mention of a relationship with BOE. Worth checking out.
This is the paragraph in the PR I wish they had printed, too -
ABOUT GUANGHUI TECHNOLOGY GROUP
Guanghui Technology Group (GTG) is Financial Advisory and Services Company aiming at assisting advanced technological companies to enter into China market. GTG’s founding partners and affiliates have contributed to a number of high-profile government and industrial funding projects including multi-billion dollar fund raising into BOE as well as large scale international M&A in solar energy sector, also involved in a number of strategic investment projects in diversified fields such as Lighting, Li-ion battery, Biomedical and Security, etc. GTG CEO & President Mr. Xiao Liu is widely regarded as an honorable financial expert by in the Chinese investment community. Mr. Liu manages over US $40 billion annually. He has partnered with Dr. Michael Nobel of the Nobel Sustainable Development Foundation to form an incubation fund for investing in next-generation technologies including life science, biomedical and advanced materials field. Most recently, Mr. Liu signed a collaboration agreement to manage a newly-created government-driven fund of US $431 million for investing into international businesses in December 2016.
What is notable to me is that there will be TWO R&D and Production Centers, not just one as was reported by QMC early last year. This represents an increased funding and project commitment. The generous concessions of the donation of prime location land is significant because it will allow for expansion as more projects are started, in close proximity to Quantum Materials facility. The 5 year state tax exemption will allow new subsidiaries and joint ventures to be more competitive in the marketplace at their start. Their goal is rapid growth in the display field. Quantum Materials Corp (US public listed company) showed a film at the recent CES by invitation in their suite. The full PR on globenewswire includes a paragraph describing GTG, the China partner. It discusses their background, financial resources and includes a mention of a relationship with BOE. Worth checking out.
This is the paragraph in the PR I wish they had printed, too -
ABOUT GUANGHUI TECHNOLOGY GROUP
Guanghui Technology Group (GTG) is Financial Advisory and Services Company aiming at assisting advanced technological companies to enter into China market. GTG’s founding partners and affiliates have contributed to a number of high-profile government and industrial funding projects including multi-billion dollar fund raising into BOE as well as large scale international M&A in solar energy sector, also involved in a number of strategic investment projects in diversified fields such as Lighting, Li-ion battery, Biomedical and Security, etc. GTG CEO & President Mr. Xiao Liu is widely regarded as an honorable financial expert by in the Chinese investment community. Mr. Liu manages over US $40 billion annually. He has partnered with Dr. Michael Nobel of the Nobel Sustainable Development Foundation to form an incubation fund for investing in next-generation technologies including life science, biomedical and advanced materials field. Most recently, Mr. Liu signed a collaboration agreement to manage a newly-created government-driven fund of US $431 million for investing into international businesses in December 2016.
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