China Travel United and Quanwei Culture planned to cooperate in 2015 Muay Thai Style Date:2015-04-14 12:11
A few days ago, CITS issued a joint announcement stating that the company intends to sign a strategic cooperation agreement with Xiamen Quanwei Culture Industry Co., Ltd. The two parties intend to cooperate in the Muay Thai Cultural and Sports Complex Project in 2015. The total project investment is expected to be 53 million yuan, which will jointly develop Muay Thai in China. Industry chain.
The two parties intend to set up two project companies to cooperate and implement development, construction, business management and other related matters for the Muay Thai competition and training base. Another competition and operation company will be set up to share profits and bear losses in accordance with the equity ratio. The Fujian base is the only Muay Thai training base in Fujian Province. It is 100% funded by CITS, and the amount of funds is 50 million yuan. It is jointly run by CITS. It is assisted by Quan Wei; another competition and operating company is set up, and a provisional fund of 6 million is set aside. Yuan, the two sides each contributed 50%.
The company signed a strategic cooperation agreement with the Quan Wei culture and investment cooperation Muay Thai cultural and sports comprehensive park, which is in line with the strategic layout of the company to the development of the culture and sports industry. It will lay an important foundation for the future development of the company in the cultural and sports integrated industrial park.
According to the announcement, the fist culture was established on November 24, 2014. It is the only legal operator authorized by the World Muay Thai Council, an independent official agency approved by the Thai royal family, and is the sole authority in China to use the World Muay Thai Council internationally. The brand and trademark have the right to carry out promotion, exchange, and commercial activities related to Muay Thai in the name of China and to fully handle all matters related to the promotion and management of professional Muay Thai and amateur Muay Thai in China.
The National Travel Union is mainly engaged in investment in the tourism industry. In April of last year, Xiamen Contemporary became a major shareholder of the company and adjusted its development strategy in a timely manner. The company began to organize new industries such as tourism performing arts and sports. In December last year, China National United Sports Development Co., Ltd. was established in Beijing to operate sports-related activities. The future of the sports industry is huge. The cooperation between the company and the Quanwei culture and the layout of the Thai boxing industry will help analyze the rapidly growing market space of the sports industry.
A few days ago, CITS issued a joint announcement stating that the company intends to sign a strategic cooperation agreement with Xiamen Quanwei Culture Industry Co., Ltd. The two parties intend to cooperate in the Muay Thai Cultural and Sports Complex Project in 2015. The total project investment is expected to be 53 million yuan, which will jointly develop Muay Thai in China. Industry chain.
The two parties intend to set up two project companies to cooperate and implement development, construction, business management and other related matters for the Muay Thai competition and training base. Another competition and operation company will be set up to share profits and bear losses in accordance with the equity ratio. The Fujian base is the only Muay Thai training base in Fujian Province. It is 100% funded by CITS, and the amount of funds is 50 million yuan. It is jointly run by CITS. It is assisted by Quan Wei; another competition and operating company is set up, and a provisional fund of 6 million is set aside. Yuan, the two sides each contributed 50%.
The company signed a strategic cooperation agreement with the Quan Wei culture and investment cooperation Muay Thai cultural and sports comprehensive park, which is in line with the strategic layout of the company to the development of the culture and sports industry. It will lay an important foundation for the future development of the company in the cultural and sports integrated industrial park.
According to the announcement, the fist culture was established on November 24, 2014. It is the only legal operator authorized by the World Muay Thai Council, an independent official agency approved by the Thai royal family, and is the sole authority in China to use the World Muay Thai Council internationally. The brand and trademark have the right to carry out promotion, exchange, and commercial activities related to Muay Thai in the name of China and to fully handle all matters related to the promotion and management of professional Muay Thai and amateur Muay Thai in China.
The National Travel Union is mainly engaged in investment in the tourism industry. In April of last year, Xiamen Contemporary became a major shareholder of the company and adjusted its development strategy in a timely manner. The company began to organize new industries such as tourism performing arts and sports. In December last year, China National United Sports Development Co., Ltd. was established in Beijing to operate sports-related activities. The future of the sports industry is huge. The cooperation between the company and the Quanwei culture and the layout of the Thai boxing industry will help analyze the rapidly growing market space of the sports industry.
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