Wan Mingyang Media completes more than 100 million yuan in Series A financing and is committed to creating a fighting version of NBA events

After this round of financing, Wan Mingyang Media will further improve the alliance construction, complete investment in several clubs under the alliance, jointly fund the construction of a youth training system and echelon, and gradually explore the entry of amateur fighting clubs into communities, shopping malls and office buildings to promote fighting culture, expand the audience and enhance fan stickiness.

On March 13, 2017, Wan Mingyang Media officially announced the completion of Series A financing, with a financing amount exceeding RMB 100 million. This round was led by the "Jiansheng Sports Special Fund" jointly sponsored by Chinese Culture Holding Group and Sequoia Capital China Fund, and several individual investors followed.

Wan Mingyang Media was established on April 1, 2016. In the past year, the company has created the world fighting hall event "Glory of the Warriors", the world professional fighting gold league "Glory of the Warriors-Rise" and the world mixed fighting gold league "Glory of the Warriors-Journey", committed to becoming the fighting version of the NBA. In addition, the company has also reached strategic cooperation with Beijing Satellite TV and Shenzhen Satellite TV. So far, the company has initially completed the strategic layout of the north and south echoing and radiating to the whole country, and the dual-track parallel fighting matrix of MMA and free fighting. So far, dozens of domestic and foreign clubs have joined the "Warriors Glory Alliance", and several signed athletes have achieved world rankings.

After this round of financing, Wan Mingyang Media will further improve the alliance construction, complete investment in several clubs under the alliance, jointly fund the construction of a youth training system and echelon, and gradually explore the entry of amateur fighting clubs into communities, shopping malls and office buildings to promote fighting culture, expand the audience and enhance fan stickiness. In addition, it will also strengthen cooperation with new media such as video websites and live broadcast platforms, try paid live broadcasts and overseas copyright distribution, and explore more profit models.

Editor: Nancy