12.03.2020 – 15:00
Fosun established Innovation Hub in Frankfurt
In order to bridge the gap of technology and innovation exchange between Europe and China, Fosun opened up the Fosun Europe Innovation Hub GmbH based in Frankfurt. With more than 600 portfolio companies around the globe, the foundation of the Innovation Hub is a subsequent step to leverage the European Technology Market to its resources.
Fosun Europe Innovation Hub is a fully digitalized platform aimed at onboarding over 1000 technology companies and partners in Europe, providing services for successful partnership, fundraising and Chinese market entry. Backed by Fosun, a technology-driven consumer group deeply rooted in China, Innovation Hub will connect technology companies to the needs of Fosun global happiness ecosystem, introduce them to Fosun's global partners and share Fosun's extensive customer base.
"After five years of successful operations in Germany, Fosun has established the European Innovation Hub. The Innovation Hub will, no doubt, be a strong tie between the eastern and western technology. This bridge, a cornerstone and backed by the whole Fosun family, is aimed to support and leverage young entrepreneurs in different markets and segments. We are looking forward to welcome numerous members to the innovation hub enjoying the multiple opportunities provided and creating our platform for innovations and disruption. Members of Innovation Hub can participate in activities orchestrated by Fosun and obtain business localization coaching. Furthermore, Innovation Hub provides tailor-made China roadshows, local partners seeking, as well as global - especially Chinese - investor access", says Alan Liu, Vice president of Fosun Technology and Financial group.
"We see an impressive demand of young start-ups but also of established companies looking for Chinese investors as well as collaboration opportunities or partnerships in China to participate in the incredible Chinese growth momentum", adds Harald Patt, CEO of Fosun Innovation Hub.
Fosun International Limited is a technology-driven consumer group that has been listed on the main board of the Hong Kong Stock Exchange (00656.HK) since 2007. Founded in 1992, Fosun operates three business lines, in Health, Happiness and Wealth, creating world-class products and services for families around the world. In 2018, Fosun recorded revenues of RMB 109.4 billion (c. USD 16.5 billion) with total assets worth RMB 681.51 billion (c. USD 99.13 billion) as of 30 June 2019.
Original content of: Hauck & Aufhäuser Privatbankiers AG, transmitted by news aktuell