Beijing Carving Ski Group, one of the leading ski equipment providers in China, recently announced that the company had received strategic investment from the Jade Bird Fund (JBF).

In an announcement, the company said the money raised will drive the research and development of its products. And it will also speed up the company’s preparations for being listed on The New Third Board.

However, Carving Ski didn’t reveal the sum of the investment.

“The proper funding from JBF will undoubtedly enable more ski resorts and skiers to experience and benefit from Carving Ski’s professional services and international equipment,” said Zhang Hongjun, President at Carving Ski.

Beijing Carving Ski Group, with its creative spirit and vigor, is dedicated to the industry supply chain which is based on skiing, and has a wealth of experience in the area, said Zhan Tao, President of JBF.

“JBF understands the philosophy and values that they hold and JBF has been optimistic about the development of the winter sports industry at enterprise-level,” Zhan added.

Source: Sina Sports

Proofread by John Devlin.