VivaTech takes the stage as the world's leading event for tech and startups
19 Jun 2023 18:33
Sunvision Capital, a subsidiary of China’s Fosun Group, has announced a 51 percent stake in Zhongma International Equestrian Sport Development (Beijing) Ltd., along with the establishment of a joint venture company by partnering with London-based Kylin Polo Team, founded by Chinese polo player Duncan Qiu.
Zhongma International, founded in 2013, is the unique organizer of China Tour, one of the most influential equestrian tournaments in the country. The event was started in 2014 and is held in Beijing, Dalian, Shanghai and Guangzhou every year.
At the news conference held on January 8, Zhongma International also signed a strategic partnership with Beijing Turf & Equestrian Association (BTEA), with the goal of working together in event cooperation, business development, equestrian education, and industry standards and specifications.
“China is one of the cradles for the world’s horse breeds as well as one of the first countries to tame horses,” as Guo Guangchang, chairman of Fosun Group, said, “Horse-related culture is a reflection of cultural confidence for Chinese people. Therefore, China should boost the development of the equestrian sports industry to a level that matches its cultural confidence.”
Source: n.cztv.com
Proofread by William Logsdon
Related coverage
Equestrian sports come into fashion in China
18 May 2015
China’s first Olympic rider Alex Hua Tian appoints exclusive representative agency
20 Mar 2018
Aston Martin join hands with Alex Hua Tian
28 Aug 2018
FEI seals five-year deal with China National Sports International
10 Oct 2017
27 Oct 2014
More from Yutang Sports
SportAccord Media Partners will ensure global audiences are primed with latest news in sport
02 Mar 2024
Yutang Sports Appointed as the Official Media Partner of the Future of Sport
14 Jun 2023
Squash will be significantly boosted by LA28 inclusion
17 Apr 2024
SportAccord 2024 - MediaAccord is ‘rare opportunity’ to meet before Paris 2024
08 Mar 2024
SportAccord 2024 makes a memorable return to Birmingham
13 Apr 2024
Yutang Sports
loading...