OFFICIAL – A new Sponsor. Inter signs with a Chinese giant, while the state sends €650m to cover debts

FC Internazionale Milano announces that a new agreement has been reached with Shineray Motors: the Chinese giant will become an Official Regional Partner.

FC Internazionale Milano announces that a new agreement has been signed with Shineray Motors: the Chinese giant will be the Official Regional Partner for the 2023/24 sports season. The agreement reflects Inter’s ongoing activities in China and the deep connections between the two countries.

The agreement was officially sealed in Milan, at Inter’s headquarters, in the presence of Inter’s Corporate CEO, Alessandro Antonello, and Shineray Automobile’s Vice President, Yong Xie. The bond between the two brands is further strengthened by the partnership between Inter and SWM Motorcycles, owned by Shineray, which will be the Official Motorcycle Partner of the Club in Europe.

At the same time the Chinese government is stepping in to assist Suning, which is facing a severe financial crisis. As reported by Nikkei Asia, the Chinese conglomerate, which also owns Inter, will receive approximately 5 billion yuan (equivalent to 648 million euros) over the next 10 years from Citic Trust and China Huarong Asset Management, both backed by the state, to rejuvenate its operations.