Shanghai Lisheng Racing Co.Ltd(002858) : to be renamed “Lisheng sports”

Shanghai Lisheng Racing Co.Ltd(002858) 4 announced on April 15 that the company’s full name, securities abbreviation and English full name are to be changed. Among them, the full name of the company was changed from ” Shanghai Lisheng Racing Co.Ltd(002858) ” to “Lisheng Yundong (Shanghai) Sports Technology Co., Ltd.” and the abbreviation was changed from ” Shanghai Lisheng Racing Co.Ltd(002858) ” to “Lisheng sports”. The matter still needs to be submitted to the general meeting of shareholders for deliberation.

Shanghai Lisheng Racing Co.Ltd(002858) said that the company was listed on Shenzhen Stock Exchange in 2017. Since its listing, the company has always focused on sports business, with the operation of stadiums and gymnasiums, sports events, sports clubs and sports equipment manufacturing as the main business scope. According to its own business status and development needs, the company vigorously promotes national fitness through the holding of sports events, and gathers resources such as stadium operation, event IP promotion, sports clubs and sports equipment manufacturing, so as to realize the steady upgrading of the company’s business in sports. In recent years, the company’s comprehensive service capacity has been continuously enhanced, user satisfaction has been steadily improved, and the business scale has been expanded year by year, maintaining a good development trend of the company in sports business. Audited by Tianjian Certified Public Accountants (special general partnership), the company achieved an operating income of 281 million yuan in 2021, of which sports income accounted for more than 90%.

The company said that the change of the company’s full name and securities abbreviation will not change the company’s main business scope, but also conform to the essence of the company’s business and match the company’s development strategy.

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