Korea Exchange to Launch Unemployed Table Tennis Team... Aiming for 3rd Quarter Debut

[Image source=Yonhap News]

[Asia Economy Reporter Myung-hwan Lee] The Korea Exchange announced on the 19th that it is considering the establishment of a provisional corporate table tennis team called 'KRX Table Tennis Team' to fulfill corporate social responsibility through sports and contribute to the revitalization of the stagnant amateur sports sector.

The Exchange stated that it has set support for less popular sports and the expansion of citizen sports participation as new areas of social contribution in order to diversify its social contribution efforts and respond to the government's national sports promotion policies.

Table tennis was once a popular sport with excellent results in international competitions, but it has experienced a decline over the past decade.

An Exchange official explained, "Table tennis is judged to be a sport that fits well with the purpose of supporting less popular sports, considering its role in helping the revival of declining sports and as a form of citizen recreational sports."

The Exchange is currently reviewing the detailed plans for the establishment and plans to discuss team management with a coach who has an excellent player career and rich coaching experience. Once the establishment plan is finalized, the inaugural coach and team members will be assembled, and the establishment process will proceed aiming for a launch around the third quarter of this year.

After establishment, the team plans to officially participate in the next amateur table tennis league. In addition to the core activities of nurturing excellent players, the team will also devote efforts to talent donation to the general public and various social service activities to contribute to the local community.

An Exchange official expressed the aspiration for the team’s establishment, saying, "Through the establishment of this table tennis team, we will strengthen corporate social responsibility and do our best to become an excellent team capable of winning awards in international competitions."

This content was produced with the assistance of AI translation services.