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Nenking Group
Nenking Group (), or Nanhai Nenking (), is a Chinese conglomerate founded on 28 March 1998 and based in Foshan, Guangdong, providing Real Estate, Property Management, Financial, Sports Culture, Pharmaceuticals, Investment Abroad, Trade Purchases services over the Pearl River Delta Metropolitan Region of China. Nenking is the owner of a CBA team called the "Guangzhou Loong Lions", and it is also the title sponsor of Hong Kong "Eastern Sports Club", including "Eastern Football Team" and " Eastern Basketball Team". In 2018, Nenking started stepping in esports, organizing an OWL team for Guangzhou named the "Guangzhou Charge". History * In 1993, Guangdong Nenking Real Estate Development Co., Ltd founded. It was the predecessor of Nenking Group. * On 28 March 1998, Nenking Holdings Group Co., Ltd founded. * In 2010, Nenking acquired Shaanxi men's basketball club and named it the " Long-Lions". * On 12 August 2016, Hong Kong sports powerhouse "Eastern Sports Club" announced that ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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Naming Rights
Naming rights are a financial transaction and form of advertising or memorialization whereby a corporation, person, or other entity purchases the right to name a facility, object, location, program, or event, typically for a defined period of time. For properties such as multi-purpose arenas, performing arts venues, or sports fields, the term ranges from three to 20 years. Longer terms are more common for higher profile venues such as professional sports facilities. The distinctive characteristic for this type of naming rights is that the buyer gets a marketing property to promote products and services, promote customer retention and/or increase market share. There are several forms of corporate sponsored names. For example, a ''presenting sponsor'' attaches the name of the corporation or brand at the end (or, sometimes, beginning) of a generic, usually traditional, name (e.g. Mall of America Field at Hubert H. Humphrey Metrodome); or, a ''title sponsor'' replaces the origin ...
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Oriental Daily News
''Oriental Daily News'' is a Chinese-language newspaper in Hong Kong. It was established in 1969 by Ma Sik-yu and Ma Sik-chun, and was one of the two newspapers published by the Oriental Press Group Limited (). Relative to other Hong Kong newspapers, ''Oriental Daily News'' has an older readership. History It is very rich in content – both text and pictures. It also adopts a sensational and critical style when reporting hard news. The paper has been number one in circulation since 1976, with a record readership of over 3,100,000. ''Apple Daily'' was its main competitor. While claimed figures are around the 3 million (approx 5.72 readers per copy) mark, Nielsen data from 2008 had the ODN at 1,762,000 (530,000 circulation), ''Apple Daily'' at 1,633,000 (347,000 circulation), ''The Sun'' at 537,000 readers (180,000 circulation) all also includes online readers. Other selected readership figures as follows from full year 2008 and percentages of audience 12+ reached (includin ...
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White Knight (business)
In business, a white knight is a friendly investor that acquires a corporation at a fair consideration with support from the corporation's board of directors and management. This may be during a period while it is facing a hostile acquisition from another potential acquirer (black knight) or it is facing bankruptcy. White knights are preferred by the board of directors (when directors are acting in good faith with regards to the interest of the corporation and its shareholders) and/or management as in most cases as they do not replace the current board or management with a new board, whereas, in most cases, a black knight will seek to replace the current board of directors and/or management with its new board reflective of its net interest in the corporation's equity. The first type, the white knight, refers to the friendly acquirer of a target firm in a hostile takeover attempt by another firm. The intent of the acquisition is to circumvent the takeover of the object of int ...
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Southern Metropolis Daily
Southern Metropolis Daily (SMD) is a for-profit tabloid newspaper located in Guangzhou city, China,Wang, Xiaotong. 2012. "The Comparison Between Newspapers In Hong Kong And Mainland And Its Enlightenment – A Case Study On Apple Daily And Southern Metropolis Daily". 2012 Second International Conference On Business Computing And Global Informatization. and its circulation is throughout the greater Guangdong and Pearl River Delta region. SMD is a constituent of the Nanfang Media Group, which is under the supervision of the Guangdong committee of the Chinese Communist Party (CCP). The newspaper publishes daily, with 72 pages and multiple sections relating to consumer products, international affairs, sports, and other topics of the public interest. SMD is best known for its investigative reporting. SMD has been involved in multiple scandals and controversies. Its best-known controversy is the publishing of the 'Sun Zhigang incident' which resulted in the repeal of the force repatria ...
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Guangzhou Long-Lions
The Guangzhou Loong Lions () are a Chinese professional basketball team based in Guangzhou, Guangdong. They play in the Southern Division of the Chinese Basketball Association (CBA). History The team was founded in November 2000 as Shaanxi Gaitianli Kylins by the Xi'an Dongsheng Group. In August 2001, they won the "B" league championship, and were promoted to the CBA. In the 2004–05 season, the Shaanxi Kylins finished in fifth place in the North Division, and were out of the playoffs. In 2005–06, they finished sixth, and were once again out of the playoffs. The team was scheduled to participate in the 2008 season of the International Basketball League (IBL). They were replaced by the Shanxi Brave Dragons. In 2010, the Shaanxi Kylins moved from Xi'an to Foshan, and renamed themselves the Foshan Dralions. The club opted to start rendering its English name as "Long-Lions" rather than "Dralions" before the start of the 2014–15 season. In 2016, the Foshan Long-Lions moved fr ...
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Shaanxi
Shaanxi (alternatively Shensi, see #Name, § Name) is a landlocked Provinces of China, province of China. Officially part of Northwest China, it borders the province-level divisions of Shanxi (NE, E), Henan (E), Hubei (SE), Chongqing (S), Sichuan (SW), Gansu (W), Ningxia (NW) and Inner Mongolia (N). Shaanxi covers an area of over with about 37 million people, the 16th highest in China. Xi'an – which includes the sites of the former Capitals of China, Chinese capitals Fenghao and Chang'an – is the Xi'an, provincial capital as well as the largest city in Northwest China and also one of the oldest cities in China and the oldest of the Historical capitals of China, Four Great Ancient Capitals, being the capital for the Western Zhou, Western Han, Sima Jin, Jin, Sui dynasty, Sui and Tang dynasty, Tang List of Chinese dynasties, dynasties. Xianyang, which served as the Qin dynasty capital, is just north across Wei River. The other Prefectures of China, prefecture-level pr ...
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Guangzhou Charge
Guangzhou Charge () is a Chinese professional ''Overwatch'' esports team based in Guangzhou, Guangdong. The Charge compete in the Overwatch League (OWL) as a member of the league's East region. Founded in 2018, Guangzhou Charge began play as one of eight expansion teams in 2019 and is one of four professional ''Overwatch'' teams based in China. The team is owned by Nenking Group and is managed by the esports brand of Nenking, Ultra Prime Esports. Franchise history OWL expansion On 2 August 2018, Activision Blizzard announced that Nenking Group, owner of Guangzhou Loong Lions, purchased a seat for Guangzhou in Overwatch League. On 15 October 2018, Nenking announced that Sonny Xiao, the vice president of Nenking and the president of basketball operations for the Guangzhou Long Lions, would be the CEO of the team, Overwatch developer Eddy Meng would be the COO, and Overwatch management veteran Ethan Liu would be the general manager. On 8 November, the Nenkeng Group announced ...
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Guangzhou
Guangzhou (, ; ; or ; ), also known as Canton () and alternatively romanized as Kwongchow or Kwangchow, is the capital and largest city of Guangdong province in southern China. Located on the Pearl River about north-northwest of Hong Kong and north of Macau, Guangzhou has a history of over 2,200 years and was a major terminus of the maritime Silk Road; it continues to serve as a major port and transportation hub as well as being one of China's three largest cities. For a long time, the only Chinese port accessible to most foreign traders, Guangzhou was captured by the British during the First Opium War. No longer enjoying a monopoly after the war, it lost trade to other ports such as Hong Kong and Shanghai, but continued to serve as a major transshipment port. Due to a high urban population and large volumes of port traffic, Guangzhou is classified as a Large-Port Megacity, the largest type of port-city in the world. Due to worldwide travel restrictions at the beginni ...
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Overwatch League
The Overwatch League (OWL) is a professional esports league for the video game ''Overwatch'', produced by its developer, Blizzard Entertainment. The Overwatch League follows the model of other traditional North American professional sporting leagues by using a set of permanent, city-based teams backed by separate ownership groups. The league uses the regular season and playoffs format rather than promotion and relegation used commonly in other esports and non-North American leagues, with players on the roster being assured a minimum annual salary, benefits, and a portion of winnings and revenue-sharing based on team performance. The league was announced in 2016 with its inaugural season taking place in 2018 Overwatch League season, 2018. Format The Overwatch League is owned by Blizzard Entertainment and run by Major League Gaming, which is also owned by Blizzard's parent company Activision Blizzard. The Overwatch League plays out similar to most North American professional sport ...
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Esports
Esports, short for electronic sports, is a form of competition using video games. Esports often takes the form of organized, multiplayer video game competitions, particularly between professional players, individually or as teams. Although organized competitions have long been a part of video game culture, these were largely between amateurs until the late 2000s, when participation by professional gamers and spectatorship in these events through live streaming saw a large surge in popularity. By the 2010s, esports was a significant factor in the video game industry, with many game developers actively designing and providing funding for tournaments and other events. The most common video game genres associated with esports are multiplayer online battle arena (MOBA), first-person shooter (FPS), fighting, card, battle royale and real-time strategy (RTS) games. Popular esports franchises include ''League of Legends'', ''Dota'', ''Counter-Strike'', ''Valorant'', ''Overwatch'', ''Str ...
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Eastern Sports Club (basketball)
The Eastern basketball team (), is a professional men's basketball team of the Eastern Sports Club. The team also known as and Hong Kong Eastern for sponsorship reason. The team competes in the Hong Kong A1 Division and the ASEAN Basketball League since 2016. History Eastern basketball team is a section of Eastern Sports Club (officially known as Eastern Athletic Association Football Team Limited). In 2015 season the team won and promoted to 2016 Hong Kong A1 Division Championship. The team became fully professional in 2016. In the same year, the club would adopt the name Hong Kong Eastern and join the ASEAN Basketball League (ABL). They won the 2016–17 ABL season, and finished as semifinalists for the next two seasons. They also became Hong Kong A1 Division champions in 2018. The ABL's 2019–20 season was cancelled due to the COVID-19 pandemic. It is scheduled to resume in 2023 with Eastern as among its participating teams. Eastern also plans to join the Chinese B ...
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