Shenzhen sets up a technology sports industry fund, focusing on investing in the frontier areas of high-end intelligent sports equipment, metaverse, and virtual sports events.

Yesterday, at the launch event of the high-quality development strategic cooperation of the Shenzhen science and technology sports industry with the theme of "Leading Demonstration, Pioneering Sports in Shenzhen", the Shenzhen Science and Technology Sports Industry Fund was officially established. The fund aims to integrate high-quality enterprises in the sports industry chain, with a focus on investing in cutting-edge fields such as artificial intelligence and data analysis, high-end intelligent sports equipment, metaverse and virtual events, digital culture and entertainment. The fund was jointly established by Qingdao Yingpai Health Technology Co., Ltd., Shenzhen Guarantee Group Co., Ltd., Shenzhen Sports Industry Group Co., Ltd., and Shenzhen Guangming Science City Industrial Development Group Co., Ltd.