According to the latest report from Beijing on January 26, Chen Ning, a well-known host of Guangdong Radio and Television's sports channel, shared the latest developments of the shareholding reforms of Guangzhou's two Chinese Super League (CSL) powerhouses on his personal social media platforms.
Chen Ning revealed in the dynamic: "The latest learned that the cooperation negotiation between Guangzhou City and Guangzhou Auto is progressing quite smoothly, even if the final cooperation is successful, Fortune Group will not completely withdraw from the stage; at the same time, the Guangzhou team is in the process of communicating with Guangzhou Pharmaceuticals, and it is expected that the results in the short term are not yet clear. Once an agreement is reached, Guangzhou Pharmaceuticals will launch a product as the main sponsor, and we look forward to good news as soon as possible."
