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Is Guangdong Hongyuan renamed as Guangdong Dongguan Bank?
In September 2008, Guangdong Hongyuan Basketball Club announced that in the 2008-2009CBA season, Guangdong Hongyuan Team will play in the name of "Guangdong Dongguan Bank Team".

The team naming ceremony was held in Hongyuan Hotel. The title merchant said: "Dongguan Bank has the honor to be named Guangdong Hongyuan Team, which is a solid step in the marriage between our enterprise and sports. I hope our enterprise can become a beautiful business card in Dongguan like Guangdong Hongyuan Team.

The relevant person in charge of Dong Industrial Development Co., Ltd., the operator of Dongguan Bank Basketball Center, expressed his gratitude to Dongguan Bank for its strong support for the operation of the basketball center. Dongguan Bank is the title dealer of Guangdong Dongguan Bank Team, and Dongguan Bank Basketball Center is the home of Guangdong Dongguan Bank Team. This cooperation can be described as a perfect match, and it also shows the determination of Dongguan Bank to support the development of sports.

The name of Dongguan Bank announced that the operation and management of the basketball center had entered a new era. "Dongguan Bank Basketball Center" will welcome the upcoming opening match of CBA league in 20 19-2020 season with a brand-new look.

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According to the latest news, Guangdong Hongyuan will change its title sponsor in the new season, from the well-known "Guangdong Dongguan Tour" to "Guangdong Hongyuan Dayi Tea".

Dayi Tea Group, founded in 1938, is one of the largest tea groups in China, and is known as "Maotai in Tea" by the outside world. Strong financial resources, far exceeding Dongguan Bank. It can provide more generous financial support for Guangdong team and improve the welfare of players at ordinary times, all for Guangdong team.

Undoubtedly, this is great good news. With this big consortium, Zhu, the general manager of this team, can stand up and no longer have to worry about the huge transfer fee.

In fact, sponsors will not participate in the specific team operation of the team. Their main purpose is to promote their own brand at the home of Guangdong team, and then print "Dayi Tea" on the back of Guangdong team players' jerseys to promote their products. In fact, this is also reasonable.

After all, sponsors with strong financial resources are the fundamental guarantee for the rapid development of the team. Without strong financial and human resources as support, it is difficult for professional teams to seek development. Therefore, I think that the entry of the new local tyrants will make the Guangdong team have no worries.