CHENGDU, Feb. 28 (NBD) -- OP Financial Investments Ltd. (01140, HK) signed a strategic cooperation agreement with Hangzhou (China) Magsun Investment Co., Ltd. (Magsun) Sunday in Shanghai, with establishment of an investment fund of 3 billion yuan (436 million US dollars). 

Zhang Gaobo, chief executive officer of OP Financial, said that their cooperation with Magsun marks the combination of capital operation and internet facilities. With new intellectual pattern, organizational structure and technical approaches introduced in the transformation of conventional industries, traditional enterprises can take preemptive opportunities for transformation and upgrading 

Zhang mentioned that a large number of conventional enterprises would be obsolete owing to powerful pressure in business operation and sectors, including auto consumption service, community service for seniors and household consumption service, are their investment priorities. 

Headquartered in Hong Kong, OP Financial Investments Ltd. is an investment company that develops customized syndicate investment solutions leveraging proprietary capital and co-investment structures to access scalable opportunities. 

Email: zengyunheng@nbd.com.cn