Layout of high-quality projects in the sports industry ▎ Longyuan Group signed a contract with the people's network to jointly build the first sports industry fund

Recently, at the award ceremony of the 4th people's network content technology entrepreneurship competition held in Xiamen, Fujian,Longyuanmingcheng, a subsidiary of the group, the people's venture capital and people's sports under the people's network, and saiyingte capital held a signing ceremony, announced the joint establishment of the first equity investment fund focusing on the sports industry under the people's network. The fund is led by the people's sports. People's network capital, longyuanming city and Saint capital as partners will focus on the layout of high-quality projects in several subdivided fields such as sports consumption, sports space, sports technology and sports events.

(signing ceremony site)

The prosperity of the sports industry is not only related to the healthy development of the national economy, but also plays a vital basic role in developing sports and enhancing their own physique, which has significant economic and social significance. As a leading private infrastructure investor in China, Longyuan Group has won the bid and invested in the construction of sports facilities projects, including Zhejiang Yuhuan New Town Sports Center, Mengzhou Sports Center, education and sports infrastructure in Huazhou District, Weinan City, with a total investment of billions of yuan. In addition, it also strategically invests in China's leading operators of sports industry——Jiangsu aimahui Sports Industry Group Co., Ltd.

In the future, Longyuan Group will work with more partners to explore a new integrated development model of bringing resources with capital and promoting undertakings with industry, constantly deepen and enhance the integration of equity investment and local industrial development, and contribute to the construction of a sports power.