[June 23, 2009] Shenzhen Fortune to Invest CNY15mn in Guangzhou Broad Vision Tweet SHENZHEN, Jun 23, 2009 (SinoCast Daily Business Beat via COMTEX) -- Shenzhen Fortune Venture Capital Co., Ltd. has agreed to pump CNY 15 million into telecom networking solutions provider Guangzhou Broad Vision Telecom Sic&Tech Co., Ltd., announced the Shenzhen venture capital (VC) firm recently. Shenzhen Fortune is about to inject the fresh capital into Broad Vision within 15 days, according to an agreement the two sides inked on June 17. The investment will help Broad Vision complete its business deployment nationwide, said an executive for the company. The Guangzhou high-end telecom networking optimization software provider sees increasing opportunities as domestic telecom operators are paying more attention to network construction in the 3G era. Shenzhen Fortune has invested in tens of fast-expanding companies across the country since it was incorporated in 2000. Shenzhen Coship Electronics Co., Ltd., one of the invested, has been listed on the Small and Medium-sized Enterprises (SME) Board on the Shenzhen Stock Exchange (SZSE) with a stock code of 002052. Source: www.cnstock.com (June 23, 2009) [ Back To TMCnet.com's Homepage ]