Expert insight | New changes on UEFA EUROs: growing maturity of Hisense and other Chinese brands
22 Jul 2024 19:18
The CBA League (Beijing) Sports Co. Ltd. (CBA Company) recently held an official press conference in Beijing, as part of the company’s unveiling ceremony. The leader of the CBA, members of the CBA League Committee, members of the CBA Board of Directors & Board of Supervisors and representatives of all shareholders were present at the meeting.
The CBA league made plans to to reform in 2013. On September 22nd this year, the CBA Company's first shareholders meeting was held in Jinan where they elected the first Board of Directors and the first Board of Supervisors. On October 21st the CBA Company completed the industrial and commercial registration procedures.
The CBA Company has a total of 21 shareholders. Juren Advertising Center, a wholly-owned Subsidiary of the CBA, accounted for 30% of the shares and 20 clubs each have a 3.5% share in the company, accounting for 70% of the total shares. Li Jinsheng, the Deputy Director of the Basketball Management Center of General Administration of Sports of China, is concurrently serving as Chairman of the Board. The CBA clubs elected Yao Ming, an investor in the Shanghai Oriental Club, to be Vice Chairman.
At the company's inauguration ceremony the CBA Company’s Chairman, Li Jinsheng, stated that the CBA Company will focus on the development of the league in the future, while actively supporting the Chinese national team.
Proofread by Sean O Diobhilin
Expert insight | New changes on UEFA EUROs: growing maturity of Hisense and other Chinese brands
22 Jul 2024 19:18
The United States Tops Skema Publika's First Annual Sport and Soft Power Ranking
27 Mar 2025 14:05
Related coverage
CBA launches Weibo and WeChat accounts
13 Oct 2017
Hebei Province welcomes first professional women’s basketball club
20 Jul 2018
CBA embraces its first ever travel brand partner
02 Feb 2018
Marbury earns more than $3.2m annually in China
13 May 2015
Home of Marbury to be unveiled in Beijing
16 Dec 2015
More from Yutang Sports
Hisense Named Official Partner of FIFA Club World Cup 2025
01 Nov 2024
Expert insight | New changes on UEFA EUROs: growing maturity of Hisense and other Chinese brands
22 Jul 2024
SPORTACCORD confirms Istanbul as Host City for 2025 Convention
13 Mar 2025
The United States Tops Skema Publika's First Annual Sport and Soft Power Ranking
27 Mar 2025
Yutang Sports
loading...