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The company was founded in 1989 by Li Ning, a former Chinese Olympic gymnast.As of 2015, Li Ning remained the chairman of the company's board of directors. [3] In 2005, Li-Ning created a joint-venture with French sports apparel company, AIGLE, giving Li-Ning the exclusive right to be the sole distributor of AIGLE's products in China for 50 years. [4]
This was Li-Ning's second stint with Sindhu, who was with them for two years in 2014–2015 for a sum of ₹ 1.25 crore (equivalent to ₹ 2.0 crore or US$230,000 in 2023) a year. In 2016, she was back with Yonex for a ₹ 3.5 crore (equivalent to ₹ 5.0 crore or US$580,000 in 2023) per year contract for a period of three years.
Li was inducted into the International Gymnastics Hall of Fame in 2000, becoming the first Chinese inductee. [3] In 2017, a statue was erected in his honor on the shores of Lake Geneva in Montreux. [4] At the 2008 Summer Olympics, Li Ning ignited the cauldron at the opening ceremony after being hoisted high into the air with cables and miming ...
In December 2012, Poorvisha represented India at Li-Ning Singapore Youth International Series and won silver medal in the women's double event. [6] Initially, Poorvisha trained at B. N. Sudhakar Academy in Bangalore but moved to Hyderabad in 2013 where she trained under Pullela Gopichand at Gopichand Badminton Academy, Hyderabad.
The 2024 China Masters (officially known as the Li-Ning China Masters 2024 for sponsorship reasons) was a badminton tournament that took place at Shenzhen Arena in Shenzhen, China, from 19 to 24 November 2024, and featured a total prize pool of $1,150,000.
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At the start of the 2018 season, Li Ning was named in the first-team squad for China League One side Dalian Transcendence. [2] On 10 April 2018, Li Ning, aged 16 years and 172 days, started the game and provided an assist on his debut for Dalian Transcendence in a Chinese FA Cup third round tie with Sichuan Jiuniu, becoming the youngest ever player to make an appearance, [1] [3] as well as ...