On April 16, IDGVC announced that it injected the Series A approximately several tens of millions of yuan into Beijing Competitor Weichuang sports Technology Development Co., Ltd (Beijing Competitor), a lead in China sports sector. This investment is expected to help Beijing Competitor list on China GEM.
Beijing Competitor, one of the hi-tech enterprises registered in Beijing Zhongguancun Hi-tech Park, is the first domestic enterprise integrating R&D, production and sales of sports nutritional food. It is dedicated to providing sports nutritional food and technology consultancy services for country-level athletes and maintaining muscle mass. Moreover, its products were listed on the top for Beijing Olympic Games 2008.