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Focus on technology empowerment business, crazy sports aims at trillion-dollar industry track, won the Financial Summit "2021 Technology Innovation Leadership Award".

The 10th CFS Financial Summit and the 2021 Sustainable Business Conference were held in Shanghai. The theme of this summit is "growth," with over 1,000 leading business leaders, experts and scholars from the economic world, young entrepreneurial representatives, and senior industry media attending, jointly exploring the new trends in industry development, exploring new dynamics for China's economic transformation under the dual circulation, and sharing new opportunities for development.
At this summit, Beijing Crazy Sports Industry Management Co., Ltd., a subsidiary of Hong Kong-listed company Crazy Sports Group (82.hk), stood out in the fierce competition, winning the "2021 Technology Innovation Leadership Award" based on the six indicators assessed by the organizing committee: innovation, responsibility, influence, driving force, growth potential, and foresight.
As a leading company in China's digital sports entertainment market, Crazy Sports has always adhered to advanced digital concepts, empowering businesses with technology, and continuously leading the industry with innovative developments. Previously, Crazy Sports was awarded the "Annual Digital Growth Star" by Yi Guan. The award of the "Technology Innovation Leadership Award" to Crazy Sports at this financial summit is mainly because Crazy Sports fully embodies the essence of the award in its three core businesses (events + betting, IP + sports games, Crazy Red Envelopes + lottery sales), using technology innovation to drive and lead industry development.
Crazy Sports' event + betting business sector makes full use of Crazy Sports' big data, technology, and platform, combined with traditional sports events, empowering sports events with technology to enhance operational and profitability capabilities. In the post-pandemic era, this will create a new innovative development in sports competitions and commercial operations on two levels.
With Hainan becoming a national sports tourism demonstration area, Crazy Sports quickly followed up with its layout. In addition to introducing combat events to Hainan and driving the development of a new round of business, Crazy Sports has also obtained approval from the Hainan government to build a comprehensive entertainment platform driven by blockchain technology integrating information, predictions, communities, and live broadcasts, promoting the development of characteristic cultural and sports tourism in Hainan.
Crazy Sports' IP + sports game business sector focuses on two aspects: resources and R&D. Currently, Crazy Sports holds two major top-tier resource pools, the Chinese Super League and FIFPro, and has obtained numerous related authorizations, developing multiple star products such as "Real Chinese Super League" and "Arena Storm." Taking "Arena Storm" as an example, it is the first FIFPro officially authorized football mobile game in mainland China this year, combining the hot topics of the European Cup. It received pre-orders from over 2 million users before launch, long-term ranked first in the sports game category after going live, and has been recommended by Apple several times.
Currently, Crazy Sports has established a global sports mobile game R&D and distribution system, with R&D and distribution partners across China, the United Kingdom, Spain, the USA, Russia, Finland, Brazil, Denmark, the Philippines, Austria, and Slovakia, making it a leading enterprise in China focusing on sports mobile game development.
In the crazy sports lottery sales business sector, Crazy Sports has signed many top experts to operate a sports community based on 0.2 billion+ lottery players. In terms of offline lottery sales, Crazy Sports has launched a convenience store sales strategy and strengthened deep cooperation with lottery specialty stores.
In addition, Crazy Sports will accelerate the nationwide layout of sports lottery retail outlets, realizing a closed-loop ecosystem of O + O sports entertainment interaction.
In conclusion, it is precisely because Crazy Sports continuously drives development with technological innovation in its core business that it has become a benchmark in the eyes of the Financial Summit. With the national 14th Five-Year Plan setting a target of 5 trillion for the sports industry, Crazy Sports, which just made a surplus of 62 million Hong Kong dollars in the first half of 2021, will also usher in more opportunities.
Risk Disclaimer: The above content only represents the author's view. It does not represent any position or investment advice of Futu. Futu makes no representation or warranty. Read more
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