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  • Dragon Capital Group Corp. (DRGV) Leverages Chinese Subsidiary Portfolio To Continue Revenue Growth Trend 0 comments
    Sep 16, 2013 5:53 PM | about stocks: DRGV

    Dragon Capital Group is structured as a bridge connecting Chinese high-growth companies and Western investors, and accordingly has established a portfolio of diversified high-tech companies operating in China. The company's current focus is on the rapidly growing wireless 3G-based applications and business solutions markets, where two of its subsidiaries have emerged as respective leading providers in China.

    DRGV also provides its subsidiaries with critical support in key areas of business: consulting, coordination of joint ventures, access to capital, merger & acquisition, business valuation, and revenue growth strategies.

    In its most recent second quarter, DRGV posted total revenues of $5.0 million compared to revenues of $4.7 million recorded in the second quarter of the year prior, reflecting strength in sales of office equipment at the Shanghai Zhaoli Technology Development subsidiary.

    DRGV management expects continued sales growth stemming from the scheduled second-half software launches at its Shanghai Yazheng Information Technology and Shanghai Zhiye subsidiaries.

    Yazheng offers gas line monitoring software designed to optimize the efficiency and repair of utility gas lines, and was recently awarded government sponsorship to for funding the development of its Metropolitan Gas Pipeline Risk Valuation System, which is based off its Gas Information System project.

    Zhiye offers mobile solutions for Android, Windows Mobile, and Apple's iOS and is currently developing a mobile programming solutions platform that would enable application developers to easily and efficiently develop and modify applications, such as game, utility, and payment for different types of smartphones, to work across the most popular mobile operating systems in China.

    For more information, visit dragoncapital.us

    Please see disclaimer on the QualityStocks website: disclaimer.qualitystocks.net

    Stocks: DRGV
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