Translation of the article content into English:
Recently, Shanghai media raised three questions regarding the establishment of an investigation group by the International Table Tennis Federation (ITTF), one of which was about the transfer of WTT's shares from 100% to 85%. There has been much speculation about who received the remaining 15%. A senior media figure has now revealed the truth, suggesting that the 15% shareholder is not an ordinary person!
According to a meeting record from 2023, the 15% shareholding was transferred to Lei Zhenjian, the former CEO of LeSports, through a "debt-to-equity swap" (the editor apologizes for their limited financial knowledge and does not fully understand what this means).
It can also be found in many official articles that Lei Zhenjian has participated in some table tennis association activities as a director of WTT, a global director of WTMG, and a director of ATT, the Asian Table Tennis Union.
The article also points out that Liu Guoliang and Lei Zhenjian have a significant connection; they are partners operating a catering company together (only Liu Guoliang's spouse and Ma Long's names are visible on Tianyancha). However, the specifics of their relationship remain unknown!
From Fan Zhendong, Chen Meng, and Ma Long withdrawing from the World Ranking points, to the ITTF establishing an investigation group, various media outlets are closely monitoring the national table tennis team, frequently involving certain main players. As fans, all we can say is that the national team just achieved a clean sweep of five titles at the Bao Olympics. We hope the investigation group will quickly uncover the truth and restore the healthy development of table tennis.
