NEW YORK and BEIJING, Sept. 25, 2015 /PRNewswire/ -- The International Boxing Federation Global ("IBF" or "the Organization"), a non-profit organization governing the efficiency and uniformity in the supervision of professional boxing, today announced the nomination of Ruihang Wang as Executive Chairman of IBF Asia due to his strong leadership in penetrating the boxing industry in China.
Daryl Peoples, President of The International Boxing Federation Global added, "We are extremely delighted to have Mr. Ruihang Wang serving as both the Executive Chairman and President of IBF China in these capacities. With his leadership, we believe he will more quickly expand and promote the sport of boxing in China and create new diplomatic relations between China and the U.S. He has a proven track record of growing the boxing sport in China with over thirty matches held in collaboration with the official branding and tournament promoter, Rejoy Culture and Media Group, since he took the helm and we expect over one hundred matches to be held in 2015. This global collaboration is unique and will create dynamic opportunities between China and the United States for its athletes to compete and train. Because of the significance of this relationship, IBF China will report directly to IBF headquarters in the U.S. to propel the growth in the China market more efficiently."
"I am extremely delighted to accept this additional designation that was announced at a press conference titled Global Layout of IBF and IBF's China Strategy," commented Ruihang Wang, Executive Chairman and President of IBF China. "I look forward to building and implementing a new development plan for the Chinese boxing industry by cultivating several cities to promote boxing and making them joint partners while simultaneously conducting cross-border integration of IBF Global's brand. The Chinese boxing industry is still in its infancy with meaningful market opportunity and growth. As part of the strategic plan, IBF China will establish competition areas in ten cities and invite sports promoters to co-invest and share resources to jointly develop this opportunity. As discussed at the press conference, we expect to build two platforms. The first platform will provide an equal opportunity professional stage for boxers while the second platform will focus on recreational boxers open for the public. The platforms will be augmented by live viewings of the matches and a collaborative community with whom to share its passion for the sport. The partnership with IBF Global creates a unique opportunity for this sport to foster international diplomacy similar to what ping-pong has done in the past. We have already paved the path for other organizations to develop opportunities here in China and believe that our platform will serve as the leading example to develop our youth and fans through active promotion and sustainable support so our athletes can compete on a global level," concluded Mr. Wang.
About The International Boxing Federation
The International Boxing Federation is one of four major organizations recognized by IBHOF which sanction boxing bouts and is a voluntary membership non-profit corporation for the purpose of obtaining greater efficiency and uniformity in the supervision of professional boxing and to encourage and assist professional boxing. The organization promulgates rules, suggests standards for boxing guidance, sanctions title fights to establish champions and prepares ratings of different weight classes.
About The International Boxing Federation China
IBF China is the solely authorized representative of IBF in Mainland China, Hong Kong, Macau and Taiwan. IBF China has the right to boxing bouts sanction, brand promotion and business development in China. IBF China sanctioned the first China boxing league tournament which is the leading tournament in China, carried out more than 30 boxing bouts in different cities of China including Beijing, Xian, Hangzhou, Shenzhen and titled champion of 67kg class Beijing division and 79kg class Hangzhou Division.
IBF China also focuses on the training of the local Chinese referee teams. The training and assessment of the referees/judges is under the supervision of the famous American judge Joe Pasquale, who has judged more than 800 international fights and Mark Nelson, who has refereed over 800 international fights.
IBF China is a corporate socially responsible organization through its various charitable activities in Greater China including offering scholarships and financial support for the development of Chinese youth boxers, coaches and referees from China for development in the United States.
To learn more about IBF China, please visit: www.ibfchina.com.cn
Contacts:
Vivian Chen
Managing Director, Grayling
+1 347 481-3711
vivian.chen@grayling.com
