Sina Science and Technology news on June 25 evening, Ali Sports renamed as "Orange Lion Sports", the former Ali Sports CEO Mu Yang appointed orange Lion Sports chairman and CEO.
Alisports responded: the situation is true, the name change process is under way, the specific name shall be subject to the industrial and commercial approval registration.
Alisports was founded in September 2015. Mu Yang took over the work related to Ali Sports in May 2021. Materials show that in October 2021, Alisports announced that the company had completed the signing of the entrusting agreement and obtained the 15-year operation and management right of hangzhou Olympic Sports Center binjiang block, including the main stadium, tennis center and its supporting buildings, equipment and facilities.