VivaTech takes the stage as the world's leading event for tech and startups
19 Jun 2023 18:33
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 resounding success for the Global Sports Week and Viva Technology collaboration
21 Jun 2023 12:27
Related coverage
China investing big in sports towns
25 Aug 2017
Lander Sports to open a fitness center in Jiaxing
07 Dec 2017
Lander Sports to sell properties for CNY528m
28 Mar 2018
Lander Sports change controlling share holder
15 Feb 2019
Lander Sports reports exponential growth in its sports business
29 Aug 2017
More from Yutang Sports
SportAccord Welcomes Return of Principal Media Partner Yutang Sports
01 Feb 2024
SportAccord Plenary Conference had fruitful talks about the soft power of sport
17 Apr 2024
VivaTech takes the stage as the world's leading event for tech and startups
19 Jun 2023
Birmingham is embracing a bright future supported by extraordinary sporting legacy
17 Apr 2024
SportAccord’s conversation with FEI President Ingmar De Vos: Equestrian sport’s road to Versailles
22 Apr 2024
Yutang Sports
loading...