HONG KONG, Jan 22 (Bernama-BUSINESS WIRE) — Guotai Junan International Holdings Limited (“Guotai Junan International”, the “Group” or the “GTJAI”, Stock code:1788.HK) announced that the Group will join hands with Nan Fung Group and Prospect Avenue Capital (PAC) to collaboratively boost development of China esports industry, supporting Versus Programming Network (“VSPN”) to expand its scale and influence in esports eco-system, consolidating its market leader position as well as creating standardized and professional competitive sports events.
The esports industry is one of the sectors that has been greatly encouraged and supported by the government’s policies in recent years. GTJAI actively responds to and participates in the government’s policies of upgrading the esports industry structure and promoting the cultural and entertainment industry as well as the economic development through esports events. Besides, the participation in this project enables GTJAI to provide quality products for current wealth management clients, promote the efficient integration and development of various businesses of the Group, to achieve win-win situation with clients.