STEC Holds Talks with Lander Holdings to Explore Cooperation in Construction and Operation of Sports Infrastructure

2019-02-19

On April 4, 2018, a special group of guests visited STEC. They are guests from Lander Holdings Co., Ltd., a national sports industry demonstration unit and the holding party of the Southampton Football Club in the Premier League. The guests, including Chairman Gao Jisheng, Vice Chairman Jiang Weifeng, President Huang Guoliang, Executive Vice President Li Qi and other senior executives of the company, came to the headquarters of STEC to visit and exchange. Zhang Yan, Party Committee Secretary and Chairman of STEC, Sun Guifeng, Vice President of STEC, and urban construction and investment executives of STEC attended the exchange meeting. At the meeting, STEC exchanged preliminary views with Lander on future cooperation in the construction and operation of sports infrastructure.

Lander Holding Co., Ltd. is located in Hangzhou, Zhejiang Province. It owns Lander Sports (SHE: 000558), a comprehensive sports company listed on the Shenzhen Stock Exchange. Its current business covers football club operation, sports industry fund operation, sports venue services, sports education and training, and other aspects. It has built a Lander Sports ecosystem that integrates upstream intellectual property resources, mid-stream operation and service system, and downstream multiple liquidating channels.

Zhang Yan, Party Committee Secretary and Chairman of STEC, pointed out that STEC are committed to becoming "an integrated service provider for urban construction and operation and an integrator for its ecosystem resources". At present, the sports field is facing a rare development opportunity with great potential. Under such a background, STEC are also exploring, thinking and paying attention to what it can bring and contribute to the sports industry and how to exert its unique advantages. Lander Sports has many years of development experience in this field. It hopes that taking the construction and operation of sports infrastructure as a carrier, it would work with STEC to jointly explore ideas and open mind to help the advancement of sports and support both sides' better development in the new industry.

Gao Jisheng, Chairman of Lander, introduced the industrial chain layout of Lander in the field of sports. He said that as a well-known urban infrastructure construction and operation and maintenance enterprise, STEC has strong strength and rich experience in the field of "hardware" construction and operation and management of sports infrastructure. With the advantages of Lander in the fields of sports, commerce and real estate, and the rich resources of STEC in the full industrial chain of urban construction and operation, especially in the field of public-private partnerships, the two sides will achieve results that are more than simply pooling the two sides' efforts together through multi-level and multi-form cooperation.