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C Y Foundation Co-organizes China's E-sport National Team Trial with China Sports Industry

C Y Foundation Group Limited
2010-04-07 18:46 2084

National Team Trial Named "C Y Foundation Cup" Fully Supports the Development of China E-Sport Industry

HONG KONG, April 7 /PRNewswire-Asia/ -- The PRC's leading electronic tournament and digital entertainment company, C Y Foundation Group Limited ("C Y Foundation" or the "Group"; SEHK: 1182), announces that the Group will co-organize the China's e-sport national representative team trial 2010 (the "National Team Trial") with China Sports Industry Group Co., Ltd ("China Sports Industry"; SH: 600158). The National Team Trial is led by the General Administration of Sports of the PRC, which is in charge of supervising and promoting the development of the Chinese e-sport industry, as well as all other sports. This National Team Trial will be named as "C Y Foundation Cup" and a press conference will be hosted in mid-April in the Great Hall of the People, Beijing.

The National Team Trial is a prominent national tournament of e-sport co-hosted by C Y Foundation and China Sports Industry. China Sports Industry is the organizer. The trial will contribute to building up the China's national team of e-sports through a rigorous selection, from May 20th to 23rd in Beijing. The winners will represent China to take part in international e-sport tournaments, like World Cyber Games, E-sport World Cup, etc.

Since 2003, e-sport was approved as one of the official sports of the General Administration of Sports, competition events and participating athletes have improved steadily in both quality and quantity. The e-sport has been gradually acknowledged internationally as a competitive sport in recent years in many big sport games, and might become one of the official game sports in the 2014 Asian Games in Inchon, Korea and the 2014 Youth Olympic Games in Nanjing, China. Aimed to keep up and triumph with the international e-sport growth, the General Administration of Sports, with its first priority of establishing a nationwide e-sports training and competition network, has planned to set up e-sport centers all over China and develop an e-sport industrial chain.

As a pioneer and leading company in the e-sport industry, C Y Foundation has successfully organized a number of important e-sport events such as the International E-Sport Festival ('IEF') with the Communist Youth League of China, as well as the China E-Sport Games ("CEG") with General Administration of Sports. Leveraging on its experience and expertise in hosting large scale e-sport events, C Y Foundation will fully support the National Team Trial to its success.

China Sports Industry is the only listed company controlled by General Administration of Sports. The founding member and major shareholders of China Sports Industry are China Sports Fund Management Centre, China Sports Lottery Management Centre, China Sports Equipment Centre and China Sports Foundation. China Sports Industry is the largest commercial company in sports industry in China. Its business involves operations in sports real estate, franchised fitness center and competition event management through its three subsidiaries. Among them, China Sports Industry Competition Group is responsible for the management of the all competition event in China.

In addition, further discussion will be carried out between C Y Foundation and China Sports Industry to discuss projects which will promote the e-sport industry development in China. Both parties have the wish of setting up cooperation that commercially operate e-sports activities with professional expertise from each side. Taking advantage of the network of 5,600 Sports Stadiums controlled by the General Administration of Sports to set up e-sport training and tournament centers, and targeting to franchise to 200 thousand Internet cafés, the goal is to establish a nationwide network with e-sports, sports lottery, poker tournaments and online games.

About C Y Foundation Group Limited

C Y Foundation is an interactive digital entertainment company that provides quality entertainment across China. It is dedicated to organizing and running P2P tournaments for prizes throughout the mainland. C Y Foundation operates a national electronic tournament platform that it promotes through a network of Internet cafés. C Y Foundation also organizes Asia's premier annual e-sports tournament called the International Entertainment Festival (IEF). IEF has an online platform dedicated to daily tournaments at http://www.iefgames.com.

Website: http://www.cyfoundation.com

About China's E-sport National Team Trial

China's E-sport National Team Trial organized by the General Administration of Sports, is the official National E-sport Representative Team Trial. The National Team Trial will be hosted from 20 May to 23 May 2010 in the China International Exhibition Centre, Beijing and the winners and winning teams will be entering the National E-sport team. The National Team Trial using a new style of games, enforces a strict process in selecting the players to represent China.

Issued by Porda International (Finance) PR Group for and on behalf of C Y Foundation Group Limited. For further information, please contact:

Source: C Y Foundation Group Limited
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