Sun said in a letter o ldsports足球比分乌托邦 that he had the “profou

und respect and humility” to communicate with Caixin, and would like to have a “transpar

?ldsports足球比分乌托邦品茶微信ent, unreserved conversation” with Caixin to talk about the business of his company and industry development.

He also expressed his apologies to Sogou CEO Wang Xiaochuan, who Sun once derided as a “wa?ldsports足球比分乌托邦

ge earner” while calling himself an “entrepreneur” during an interview with the Chinese news website Jiemian.

?ldsports足球比分乌托邦Specifically, Sun said he will introduce his business and industry development to and cooperate with re

gulatory agencies, meet their requirements and maintain on-time responses and long-term communication.?ldsports足球比分乌托邦品茶微信

Wanda Sports is very confident in the outlook of China’s sports industry and believes the sports market in China could be a

?ldsports足球比分乌托邦most promising one across the world,” said Yang Hengming, chief executive officer (CEO) of the company.

As a sports-related unit of Chinese conglomerate Dalian Wanda Group, Wanda Sport?ldsports足球比分乌托邦

s Group Co started trading Friday with initial public offering (IPO) of some 23.8 million American deposit

?ldsports足球比分乌托邦品茶微信ory shares (ADSs) priced at eight U.S. dollars per ADS on the Nasdaq Global Market under the ticker symbol of “WSG.”

The three core businesses of Wanda Sports, namely the mass participation, spectator sports, and digital, production, sports so

lutions (DPSS), are competitive among the world’s leading players in the sports industry. “Over the past three yea?ldsports足球比分乌托邦

rs, Wanda Sports has made significant progress in terms of revenue, profit and cash flo

?ldsports足球比分乌托邦w. Our business in China develops notably well,” Yang told Xinhua Friday after its IPO ceremony.

“Wanda Sports is going to play a greater role in China’s sports m?ldsports足球比分乌托邦品茶微信

arket and is dedicated to advancing the market at large,” said Yang.

Yang believes that being listed on Nasdaq fits Wanda Spor

?ldsports足球比分乌托邦ts’s global presence well and will help increase its international visibility.

Wanda Sports has expanded the footprint of its business to Europe, North America

and Asia with some 60 overseas offices and more than 1,600 employees across the world.?ldsports足球比分乌托邦品茶微信

Considering the valuation of the company and current market conditions, W

anda Sports adjusted down the size of its offering to approximately 190.4 million dollars.

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