Future of Sport: A Global Sports Week x Viva Technology Collaboration, Will Open in June 14
12 Jun 2023 14:59
Ledman Optoelectronic, their controlling shareholder Li Mantie and Kaixing Capital have announced a partnership to set up a new sports industry fund worth up to 500 million yuan ($80.54 million).
Ledman Optoelectronic has been committed to the development of Chinese soccer industry since 2011 when it became the strategic partner of Chinese Football Association officially sponsoring Chinese Super League (CSL). Now it also serves as the official sponsor of a club in China League One (CLO).
After profound cooperation with Chinese football leagues in the past five years, Ledman Optoelectronic now becomes the business operator of CSL and CLO.
It is now leveraging its first-mover advantage in Chinese soccer industry to integrate soccer-related resources across the whole sports industry through capital operation, investment and company acquisition.
The newly established sports industry fund will serve as a key platform for Ledman Optoelectronic to constantly complete a portfolio of quality assets in sports culture, Internet and sports technology field, and ultimately to improve its profitability and core competitiveness.
Source: lohas.china
Future of Sport: A Global Sports Week x Viva Technology Collaboration, Will Open in June 14
12 Jun 2023 14:59
Related coverage
Nedvěd replaces Beckham as CSL ambassador
31 Mar 2016
Former NBA star to promote Sacramento Kings’ new arena in China
14 Mar 2016
LeTV denies Bejing Guoan’s takeover deal
06 Jan 2016
Guangzhou Evergrande raises US$132mn from investors
18 Jan 2016
Chinese capital eyes Bundesliga
19 Aug 2016
More from Yutang Sports
SportAccord scores Summit touchdown with NFL
18 Jan 2024
Ingmar De Vos elected as the next ASOIF President
10 Apr 2024
Discover why SportAccord plays central role for Silvers in strategic partnerships
22 Feb 2024
Birmingham Welcomes the World as SportAccord 2024 Kicks Off
08 Apr 2024
SportAccord Welcomes Return of Principal Media Partner Yutang Sports
01 Feb 2024
Yutang Sports
loading...