Future of Sport: A Global Sports Week x Viva Technology Collaboration, Will Open in June 14
12 Jun 2023 14:59
September 13: Fujian SBS Zipper Science & Technology Co.,Ltd. have released a statement announcing that they had signed a one-year sponsorship deal with the Fujian Province based Chinese Basketball Association (CBA) club Fujian SBS Sturgeons, at a price of RMB 6 million (US$916k).
This deal will see Fujian SBS directly own 37% of the shares in the club, while its subsidiary company Fujian Xunxing Real Estate Development Co., Ltd will receive 50% shares in the club.
Under this agreement Fujian SBS will become the club's title sponsor for the upcoming 2017/18 season during which the Fujian SBS' logo will feature on the players' jerseys and all the activities related to the club. Also in the off-season and when players are not training, the club should attend not less than five commercial campaigns carried out by Fujian SBS.
Founded in 1992 and headquartered in Jinjiang, Fujian Province, Fujian SBS Zipper Science &Technology Co.,Ltd has become a leader in China's zipper industry. Fujian SBS Sturgeons was founded in 1999 and has been competing in the CBA league since 2003.
Source: stock.jrj.com.cn
Proofread by Raymond Fitzpatrick
Future of Sport: A Global Sports Week x Viva Technology Collaboration, Will Open in June 14
12 Jun 2023 14:59
Related coverage
GoPro signs its first Chinese ambassador
31 Jul 2015
Messi arrives in Beijing for sponsorship activities
01 Jun 2017
Wo Jiang Agriculture title sponsors WCBA side in Xin Jiang
12 Oct 2015
Huawei gets on sports sponsorship highway
08 Dec 2015
Three new companies to sponsor 13th National Games
13 Jun 2017
More from Yutang Sports
SportAccord Bronze Partners Make Their Mark on Global Stage
08 Mar 2024
SportAccord Welcomes Return of Principal Media Partner Yutang Sports
01 Feb 2024
Discover why SportAccord plays central role for Silvers in strategic partnerships
22 Feb 2024
SportAccord announces first speakers - World Sport & Business Summit 2024
06 Dec 2023
Expert insight | New changes on UEFA EUROs: growing maturity of Hisense and other Chinese brands
22 Jul 2024
Yutang Sports
loading...