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November 15, 2019

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JP Morgan Corporate Challenge draws 213 firms

Source: Shanghai Daily | 00:14 UTC+8 November 15, 2019 | Print Edition

The ninth JP Morgan Corporate Challenge Shanghai kicked off at the Shanghai International Music Village at 3pm yesterday afternoon as more than 5,600 entrants from 213 companies took a break from work to join the annual 5.6-kilometer run for some fun and fitness.

This is the first time that the event has been held at the Shanghai International Music Village, where the wide, flat race course and stunning views offer an unparalleled experience for all participants.

The Corporate Challenge is an all-inclusive event designed to promote fitness and camaraderie in the workplace amongst runners, joggers and walkers. Following the run, the fun will continue in the hospitality village.

“We are very pleased that the JP Morgan Corporate Challenge has become a major corporate event in Shanghai. We are focused on providing an event that champions health and wellness, camaraderie and teamwork for our clients and the local business community,” said Mark Leung, CEO of JP Morgan China. “JP Morgan has been in China for close to a century and we believe that this event, now in its ninth consecutive year in China is further demonstration of the firm’s commitment to this critical market.”

Following the event, JP Morgan will make a donation on behalf of all runners to the China Social Entrepreneur Foundation (YouChange Foundation) in support of its Power Up Women program. Aimed at helping underprivileged women achieve financial independence and supporting the development of rural communities in the long run, this program will help participants find quality jobs or encourage them to start their own businesses by providing them with entrepreneurial and e-commerce skills. It will also help them better manage their personal finances through effective coaching and education.

“It is a tremendous opportunity to showcase the Power Up Women program at the Corporate Challenge,” said Ling Hui, Secretary General of the YouChange Foundation. “Not only does this increase awareness amongst more than 5,600 runners and business leaders from over 200 companies in Shanghai, but also worldwide knowledge of the issue through partnership with the global JP Morgan Corporate Challenge Series.”

For the fourth consecutive year, the China International Fund Management is the largest participating company in the Corporate Challenge in terms of total entrants. CIFM registered 510 participants, followed by Eaton (361 entrants) and Bosch (240).

The JP Morgan Corporate Challenge Shanghai is one of the three runs organized in the Asia-Pacific region, including events held in Singapore and Sydney. In its 43rd consecutive year, the JP Morgan Corporate Challenge Series will attract approximately 250,000 entrants from 7,600 companies in 2019. In total, JP Morgan owns and operates 13 Corporate Challenge events in seven countries across five continents. For more information on the JP Morgan Corporate Challenge Series, please visit https://www.jpmorgancc.com.

JP Morgan has been doing business in China since 1921. JP Morgan’s integrated services include investment and corporate banking, wholesale payments, markets, sales and research, securities services, commercial banking and asset management. Today, the firm serves Chinese and international corporations, financial institutions and government agencies through our network in Beijing, Shanghai, Tianjin, Guangzhou, Chengdu, Harbin, Suzhou and Shenzhen.

The JP Morgan Corporate Challenge owned and operated by JP Morgan, is in its 43rd consecutive year. It promotes corporate fitness, teamwork and camaraderie by conducting 3.5-mile (5.6-kilometer) running events in 13 cities in seven countries, and celebrates each entry with a donation to charity. Entry is only available to employees of businesses and corporations, and more than 7,600 companies and close to 250,000 total entrants will take part in 2019.

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