GCL Global Holdings Ltd. and Harmony Capital Announce Plans to Launch RMB150 Million Game and Cultural Industry Fund

Reuters

Sep 05

GCL Global Holdings Ltd. and Harmony Capital Announce Plans to Launch RMB150 Million Game and Cultural Industry Fund

GCL Global Holdings Ltd, a leading provider of games and entertainment, has announced a collaboration with Heling Tongxing (Xi'an) Private Fund Management Co., Ltd., also known as Harmony Capital, to establish the GCL Game and Cultural Industry Fund. This non-binding agreement outlines their shared intention to create a fund with a budget of up to RMB150 million, focusing on strategic investments in China's game development and publishing sectors. The initiative aims to drive growth through direct equity investments in projects promoting creative and cultural content. Over 70% of the fund's capital will be dedicated to game development and publishing, with additional resources allocated to film and television adaptations of game IPs and other cultural ventures. The fund is set to operate over a seven-year term, marking a strategic step in enhancing long-term value in the Chinese games and entertainment industries.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. GCL Global Holdings Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9523968-en) on September 05, 2025, and is solely responsible for the information contained therein.

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While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. GCL Global Holdings Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9523968-en) on September 05, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4085","symbol_name":"互动家庭娱乐","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250905:nNDL78vdYX:1","article_id":"2565655094","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2565655094","pubTimestamp":1757073652,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"GCL Global Holdings Ltd, a leading provider of games and entertainment, has announced a collaboration with Heling Tongxing  Private Fund Management Co., Ltd., also known as Harmony Capital, to establish the GCL Game and Cultural Industry Fund. 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This non-binding agreement outlines their shared intention to create a fund with a budget of up to RMB150 million, focusing on strategic investments in China's game development and publishing sectors. The initiative aims to drive growth through direct equity investments in projects promoting creative and cultural content. Over 70% of the fund's capital will be dedicated to game development and publishing, with additional resources allocated to film and television adaptations of game IPs and other cultural ventures. The fund is set to operate over a seven-year term, marking a strategic step in enhancing long-term value in the Chinese games and entertainment industries.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. GCL Global Holdings Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9523968-en) on September 05, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}