Lining'S Lotto Project Is Located In Tianjin Hi Tech Zone.

Lining will set up a headquarters project in the Huayuan Industrial Area of the high tech Zone by joint venture. The registered capital should not be less than the equivalent value of 100 million yuan RMB, and the term of operation is ten years. The project will vigorously promote the development of independent brand and modern service industry in Tianjin hi tech Zone.

Recently, Lining signed the signing ceremony of the Tianjin hi tech Zone in Beijing, Beijing.

Wang Zhiping, vice mayor of Tianjin and Wang Zhiming, Deputy Secretary General of the Tianjin municipal government, met with Lining, chairman of Li Ning Co Ltd's board of directors.

Zong Guoying, director of the Tianjin high tech Zone Management Committee, and Lining, chief financial officer of the Executive Board of Zhong Yiqi group, signed the cooperation agreement.

Zong Guoying and Zhang Xiaoyan, director general of public relations affairs of Li Ning Co, respectively congratulated each other.

Liu Jinyuan, deputy director of the CMC, officiate at the ceremony. The responsible comrades of the office of the CMC, the Economic Development Bureau, the investment service bureau and the liaison office in Beijing participated in the activities.

Zhang Xiaoyan said that the Lining group is a Hong Kong listed companies and a national brand, ranking first among its own sports brands in China.

After 18 years of development, the company has achieved steady growth.

At present, the market share of Lining group ranks third in China's sporting goods market.

In 2007, the company's sales volume was 6 billion, and the tax revenue reached 500 million yuan, accounting for 1/10000 of the total tax revenue in the country.

Lining's Lotto project will soon integrate into the Tianjin hi tech Development Zone, making outstanding contributions to the fast and sound development of the high tech Zone.

Zong Zong Guo Ying said that Tianjin high tech Zone, as the forefront of Tianjin's economic development, has made great progress in regional economic and social development over the years under the correct leadership of the Tianjin municipal Party committee and municipal government. The main economic indicators have maintained a growth rate of over 30% for 10 consecutive years. At present, the Tianjin high tech Zone has initially formed five dominant dominant industries, and has become a powerful engine for stimulating economic growth.

Lining's Lotto project is located in Tianjin high tech Zone, which is of great significance for promoting the development of modern service industry, one of the leading industries in high-tech zones.

The high tech Zone will provide efficient and convenient services for the project and achieve the goal of common development and common prosperity.

Lining will set up a headquarters project in Huayuan Industrial Zone of the high tech Zone by joint venture. The registered capital should not be less than 100 million yuan equivalent, with a duration of ten years. The project will vigorously promote the development of independent brand and modern service industry in Tianjin hi tech Zone.

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