Wanlian Securities released a research report saying that the competition economy is in a historical window where consumption structure changes, policy dividends, and business model inflection points; China's service consumption share has returned to pre-epidemic levels, consumption structure upgrades and sports industry service transformation provide demand support and industrial foundation for event economic development; against mature overseas models, commercialization of domestic events is expected to accelerate. China's sports events are on the eve of a shift from competition fees to sponsorship and ticket volume. The bank suggests following the four-tier structure of the industry chain to focus on the three main investment lines of core value layer, upstream supply layer, and downstream consumer level.

Wanlian Securities released a research report saying that the competition economy is in a historical window where consumption structure changes, policy dividends, and business model inflection points; China's service consumption share has returned to pre-epidemic levels, consumption structure upgrades and sports industry service transformation provide demand support and industrial foundation for event economic development; against mature overseas models, commercialization of domestic events is expected to accelerate. China's sports events are on the eve of a shift from competition fees to sponsorship and ticket volume. The bank suggests following the four-tier structure of the industry chain to focus on the three main investment lines of core value layer, upstream supply layer, and downstream consumer level.