J.P. Morgan Corporate Challenge Shanghai Press Release November 14

Entrants from 213 companies gather to compete in ninth J.P. Morgan Corporate Challenge, Shanghai

YouChange Foundation named as 2019 beneficiary

Shanghai, November 14, 2019 – The ninth J.P. Morgan Corporate Challenge Shanghai will flag-off from the Shanghai International Music Village at 3pm this afternoon as more than 5,600 entrants from 213 companies take a break from work to join the annual 5.6km 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 J.P. 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 J.P. Morgan China. “J.P. 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, J.P. Morgan will make a donation on behalf of all runners to 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, 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 J.P. Morgan Corporate Challenge Series.”

For the fourth consecutive year, China International Fund Management (CIFM) 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 entrants).

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