Yesterday, Guangzhou EvergrandeTaobao Football Club Co., Ltd (hereinafter referred to as "Evergrande Football") owned by Evergrande submitted the listing application to the National Equities Exchange and Quotations (referred to as “NEEQ”) and obtained the acceptance letter. From the view of football capital operation, this initiative of Evergrande might be a milestone event in the Chinese football development history, and Evergrande will become the pioneer to have Chinese football enter into the capital market. In Asia, no club has been independently listed yet previously, so Evergrande is expected to become the "first stock of Asian football".