Future of Sport: A Global Sports Week x Viva Technology Collaboration, Will Open in June 14
12 Jun 2023 14:59
Hangzhou-based Lander Sports Development Co. Ltd has recently signed a strategic cooperation agreement with Zhejiang Equity Exchange, which will see the two sides engage in sports finance by co-founding Zhejiang Sports Equity Exchange Co. Ltd.
Under the agreement, the two partners are looking to apply their advantages in resources, operations and markets. Specifically, they will seek cooperation opportunities around sports property listing and transfer and other sports finance businesses, with the goal of promoting market-oriented sports property exchanges.
For years, Lander Sports has seen sports finance as one of its main business pillars. As of now, the company has set up a 5-billion-yuan Zhejiang Provincial Sports Industry Fund, as part of its partnership with Zhejiang Huanglong Sports Development Co. Ltd and CCB International (Holdings) Limited.
Lander has also joined forces with the Olympic Council of Asia, established Hangzhou Olympic Council of Asia Sports Development Fund, aiming to serve the 2022 Hangzhou Asian Games and help the city change into a “Capital of International Events”.
In addition to this, the sports company is also using its strategic cooperation with Dubon Insurance to expand its sports insurance business.
According to a report earlier this month, Lander Sports is negotiating an 8-billion-yuan deal that involves a sports town and major urban sports infrastructure plans.
Source: stock.10jqka.com.cn
Proofread by William Logsdon
Future of Sport: A Global Sports Week x Viva Technology Collaboration, Will Open in June 14
12 Jun 2023 14:59
Related coverage
Lander Sports to open a fitness center in Jiaxing
07 Dec 2017
Lander Sports reports exponential growth in its sports business
29 Aug 2017
Lander Sports to sell properties for CNY528m
28 Mar 2018
China investing big in sports towns
25 Aug 2017
Lander Sports to build a City Sports Service Complex in Hangzhou
17 Jul 2017
More from Yutang Sports
SportAccord Plenary Conference had fruitful talks about the soft power of sport
17 Apr 2024
Hisense Named Official Partner of FIFA Club World Cup 2025
01 Nov 2024
WFDF is ready to fly in Chengdu for the World Games 2025
17 Apr 2024
IWGA to confirm the World Games host
11 Apr 2024
SportAccord’s conversation with FEI President Ingmar De Vos: Equestrian sport’s road to Versailles
22 Apr 2024
Yutang Sports
loading...