VivaTech takes the stage as the world's leading event for tech and startups
19 Jun 2023 18:33
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 resounding success for the Global Sports Week and Viva Technology collaboration
21 Jun 2023 12:27
Related coverage
Changan Ford becomes Presenting Partner of Team China
31 Aug 2015
Anta signs with captain of Team China
02 Jul 2015
Huawei partners Wolfsburg to provide Wi-Fi services
20 Mar 2015
eHi Car Services cooperates with NBA China
15 Dec 2016
Alibaba E-Auto to sponsor Club World Cup
10 Dec 2015
More from Yutang Sports
Meet the world-class speakers on SportAccord’s Plenary sessions
23 Feb 2024
SportAccord Summit 2024 Logo Unveiled
29 Nov 2023
WFDF is ready to fly in Chengdu for the World Games 2025
17 Apr 2024
HealthAccord spotlights mental health and female athlete well-being
08 Feb 2024
SportAccord 2024 - MediaAccord is ‘rare opportunity’ to meet before Paris 2024
08 Mar 2024
Yutang Sports
loading...