BEIJING, Aug. 2 (Xinhua) -- HNA Group and Hopu Investment Management Co. inked strategic cooperation framework agreement on August 1.
"Centering around the company's advantage in aviation, HNA Group will conduct multi-layered cooperation with Hopu Investment Management on real estate, real estate finance, infrastructure, financial platform and overseas investment," said HNA chairman Chen Feng.
Fang Fenglei, founder and chairman of Hopu Investment Management, noted that the bilateral cooperation mainly focuses on real estate and infrastructure, which are the new starting points for cooperation of the two sides.
Since its founding in 1993, HNA Group has evolved from a regional airline based on Hainan Island in southern China into a global company.
Hopu Investment Management, founded in 2008, is known as a private equity investment firm that focuses investment in China. (Edited by Zhang Yuan, zhangyuan11@xinhua.org)
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