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Shanghai, November 16, 2023 – The J.P. Morgan Corporate Challenge was back on the streets of Shanghai for the 10th time.
The world-renowned 5.6km team road race flagged off at 2:30 p.m. today at the SPD Bank Oriental Center with an impressive crowd of approximately 3,500 entrants from 150 companies.
“It’s an absolute pleasure to be back hosting this major event and providing an afternoon of healthy competition and camaraderie for the Shanghai business community, ” said Mark Leung, CEO of J.P. Morgan China. “J.P. Morgan has been growing with China for over a century and the return of the event to Shanghai is a fantastic demonstration of the firm’s commitment to this critical market and our community.”
The J.P. Morgan 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.
The J.P. Morgan Corporate Challenge will continue its long-standing tradition of supporting charities in countries where its events are held. The firm will make a donation on behalf of all runners to Shanghai Pudong New District NPI Charity Foundation (NPI Foundation) in support of talent development and institutionalization of social organizations through targeted training sessions, effective coaching and education.
“This contribution provides valuable support to the development of young talent in the philanthropic field as people are the foundation of this industry. Sharing the same passion and enthusiasm demonstrated at the J.P. Morgan Corporate Challenge today, we are committed to fostering a supportive environment for talent development in the philanthropic field,” said Lv Zhao, the founder of NPI.
The Corporate Challenge drew a diverse range of industries to the starting line. Companies included Eaton China(239 entrants), and Shanghai Disney Resort (89), which fielded the largest teams this year.
The J.P. Morgan Corporate Challenge Shanghai is one of three runs organized in Asia Pacific, including an event held in Singapore and Sydney. Shanghai is the final event of the 47th year of the J.P. Morgan Corporate Challenge® Series, which has attracted nearly 200,000 entrants from approximately 6,500 companies at 15 locations on all six inhabited continents.
About J.P. Morgan in China
J.P. Morgan has been doing business in China since 1921. J.P. Morgan’s integrated services include investment and corporate banking, 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 across China.
J.P. Morgan Corporate Challenge®
The J.P. Morgan Corporate Challenge®, owned and operated by JPMorgan Chase, is in its 47th consecutive year of operation. It promotes corporate fitness, teamwork and camaraderie by conducting 3.5-mile (5.6km) running events in 15 locations on six continents and celebrates each entry with a donation to a local not-for-profit organization. Entry is only available to employees of businesses and corporations.
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