On February 1, 2016, Beijing Pan-China Sports Industry Co., Ltd. and Beijing Ruigai Technology Co., Ltd. formally signed a strategic cooperation agreement.

Beijing Pan-China Sports Industry Co., Ltd. is a cross-regional and comprehensive sports industry group company with three main businesses: the first is the investment and financing business of sports industry, covering the investment and financing of sports and leisure real estate, Internet medical treatment, life science, intelligent venues, youth sports training and other industries; The second is the consulting, planning, design, construction, maintenance and management of sports facilities. The company has the qualification of sports specialty and general contracting of foreign projects. The projects cover 14 countries at home and abroad and 25 provinces in China. It is a service provider for major sports events such as the 2008 Beijing Summer Olympic Games, the 2011 and 2013 Southeast Asia Games, the 2014 APEC Summit and the 2015 African Games. The third is the operation of sports events, which has operated many domestic youth football, basketball, marathon, golf, bridge and other events. At the same time, Pan-China Sports has been focusing on the systematic solution of the urban cultural and sports industry chain for a long time. It has a complete resource platform of the sports industry chain. It also has long-term strategic cooperation with many external resources such as the China Sports Industry Research Center of Peking University. It has in-depth research and understanding of the development of the sports industry.

Founded in 2008, Beijing Ruigai Technology Co., Ltd. is a leading enterprise in sports science and technology in China. In 2009, China's Eagle Eye technology with independent intellectual property rights was successfully developed and put into use. Chinese Hawk-Eye technology is suitable for billiards, tennis, football, volleyball and many other sports. The "Navigator-entertainment" developed by the company takes Chinese Eagle Eye as the core technology and uses the Internet as the transmission platform to combine real billiards with virtual reality, creating a new way of entertainment for sports events. Sports participants can interact with online friends through the device, and compete or entertain synchronously in different venues. At the same time, the CBSA World Snooker Academy, which is operated exclusively by Beijing Ruigai Cultural Media Co., Ltd. and authorized by the Chinese Billiards Association and the World Professional Snooker Association (WPBSA), is dedicated to training high-level young billiards players and relying on overseas training bases to help more Chinese players go abroad and enter the international arena. The College has gradually become a professional talent pool for snooker in China, and has trained many national and world snooker champions.

In the future, the two sides will make use of their respective capital, market, design planning, construction, product, technology research and development, and policy advantages to achieve complementary advantages and mutual benefit. Meet the needs of scientific training, distance teaching, professional event hosting, multi-angle multimedia event broadcasting and mass sports entertainment in an all-round way. We will strive to build the world's leading intelligent stadiums and gymnasiums, and use the power of science and technology to help improve the level of sports competition.

Pan-China Sports General Manager Li Haibin, Director Shan Jinsong, Chairman Liu Zheng of Ruigai Science and Technology, CEO Li Xinyuan of Ruigai Science and Technology, President Xu Xinjian of World Snooker College and the main leaders of both enterprises attended the signing ceremony.