China Sports Development appoints Patrick Tsang to the Board of Directors

CHINA, Hong Kong –  China Sports Development Limited (ISDX:CSDP), a company established to make strategic investments or acquisitions in businesses involved in the promotion of sports and sports related projects in the People’s Republic of China (“PRC”), is pleased to announce the appointment of Mr. Pui Lan Patrick TSANG (aged 39) to the Board in the role of Director of the Company with immediate effect. Following the appointment, Mr. Tsang will be responsible for general management and for implementing the Company’s long and short term business plans.

Mr. Tsang has a broad range of entrepreneurial expertise and experience in venture capital, private equity and corporate law. Mr. Tsang has worked on numerous international IPOs and M&A transactions and has made numerous investments in technology, media, telecom, e-commerce, gaming and entertainment globally. Mr. Tsang founded Global Angels Limited and has served as a director and advisor to listed companies, including Hong Kong listed company China 3D Digital Entertainment Limited (formerly known as Dragonlott Entertainment Group Limited and Emperor Entertainment Group Limited).

From 2003 to 2007, Mr. Tsang headed the private equity division of a multinational e-commerce firm in Asia, Quest Strategies, where he was responsible for investment origination, negotiation, and structuring of deals across Asia, Europe and the Middle East, with transactions ranging from technology and telecoms to media and property.

Mr. Tsang won one of the awards for China Economic Person of the Year at the China Economic Development Forum in 2014. Mr. Tsang is a Young Fellow of The Duke of Edinburgh’s International Award World Fellowship since 2014.

Mr. Tsang is active in various charity and business associations in the PRC and Hong Kong as well as in the United Kingdom. He speaks and writes regularly on e-commerce, technology, internet, finance, investment, venture capital and private equity related topics. Mr. Tsang is regularly invited as a speaker to renowned seminars and conferences such as the China-Britain Business Council Conference 2014 in Beijing and 2015 in London respectively, the Financial Times fDi Forum Asia 2015, and the Private International Equity Fund CFO COO Seminar 2015.

Mr. Tsang is a qualified solicitor in England and Wales and Hong Kong.

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