On September 2, Beijing time, the official website of Shandong Hi-Speed Group announced that Shandong Hi-Speed Group will take over the operation and management of Shandong Men’s and Women’s Basketball. Shandong Dongxiwang Group will withdraw from the operation of Shandong Men’s and Women’s Basketball Team.
After the 17-18 season, Shandong Express no longer invested in basketball and transferred the team to the King of Mountain East and West. According to media reports, due to the epidemic, Xiwang deliberately withdrew after the 19-20 season, but there was no suitable next home at the time. Xiwang had to continue to operate the team, and then news of arrears was exposed. Defender Wang Ruheng Zeng replied to netizens on social media: “I owe almost one year’s salary.”
The following is the full text of the official announcement of Shandong High Speed Group:
Recently, Shandong Hi-Speed Group, Shandong Provincial Sports Bureau and Xiwang Group have reached an agreement on the construction of Shandong Men’s and Women’s Basketball Team and the transfer of club equity. Since September 1, Shandong High Speed Group has taken over the operation and management of Shandong Men’s and Women’s Basketball Team.
Before the completion of the change of club equity, Shandong Hi-Speed Group established the “Shandong Hi-Speed Basketball Club (Preparation Group)” to be specifically responsible for the preparations for the men’s and women’s basketball season. At present, the CBA League registration for the 2021-2022 season, which has attracted much attention from all walks of life, has been completed on schedule. A total of 17 athletes have been registered this season. Among them, Ding Yanyuhang and Liu Guancen have officially returned to the team. Ma Xinxin will be promoted from the youth team to the first team. After the National Games is over, preparations for the new season will be officially started.
The development of basketball is inseparable from the support and help of all sectors of society. After taking over the Shandong Men’s and Women’s Basketball Team, Shandong Hi-Speed Group will embark on the journey with a heart of gratitude. Through standardized, market-oriented, and professional operations, it will strive to build a competitive CBA and WCBA league team and repay the eagerness of all walks of life with practical actions. Looking forward to contributing to the development of Chinese basketball and Shandong sports at a high speed.Return to Sohu to see more
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