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At a ceremony on Dec 17th, 2016, Peak Sports and the CSF(China Space Foundation) announced an upgrade of their relationship to a strategic partnership of cooperation. Peak Sports was formally granted the honorary title of “Strategic Partner of China’s Space Industry” by the CSF, marking a vital step in Peak’s strategic development.
Actually, 11 years have passed since Peak Sports became a partner of the CSF in 2005. Following this ceremony, Peak will be formally upgraded to “Strategic Partner of China’s Space Industry” from “Partner of China’s Space Industry.”
According to Peak’s President, Xu Jingnan, the promotion to Strategic Partner of China’s Space Industry will bring not only responsibilities but also opportunities and challenges to Peak. He said, “Peak and CSF will deepen their strategic partnership of cooperation, which will allow space technology to serve the people’s livelihood better, and allow us to fulfill corporate social responsibilities by practical action. Just as our space industry is leading the world, Peak will be faced with the international market, and will be pioneering the internationalization of China’s sports brands.”
Source: Peak Sports
Proofread by Sean O Diobhilin
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