On April 15, Fujian PEAK Group (Sichuan store) opened formally. China PEAK is dedicated to "the first brand of Chinese basket equipment". The general manager of PEAK Mr Xu Zhihua told that PEAK will be listed in the stock market of Hongkong.
　
The local sporting goods brands dedicate to develop recently. In order to narrow the gap between China’s brands and international ones, the key point is speed. The domestic brands develop fast in recent years, increase 20%-30% year by year. PEAK increase 80% in 2007 compared with 2006, and will increase 100% in 2008.

Mr Xu Zhihua concluded,ã€The sporting brands should clear the sponsorship strategy. We aim at the first brand in the basket industry in China. We are looking for the influential basketball tournament instead of sponsor at random. In 2008, one of key strategy of PEAK is to be listed in Hongkong stock market."