Oct 23, 2014
240 companies celebrate teamwork and camaraderie;
Provide support to Ai You Foundation
SHANGHAI, 23 October 2014 – A passionate and full-capacity crowd of 8,200 participants from 240 companies competed tonight in the fourth annual J.P. Morgan Corporate Challenge Shanghai at the Xuhui Riverside.
Shanghai has become a vital part of the 13-city, seven-country, five-continent J.P. Morgan Corporate Challenge Series, a 5.6km road race and post-race party that celebrates fitness and camaraderie in the workplace.
“This is my first J.P. Morgan Corporate Challenge,” said David Li, Chairman and CEO of J.P. Morgan China. “I am very excited to participate in this event, which is now in its fourth year in Shanghai and 38th globally. In 2014, both the numbers of runners and participating companies hit new highs. As the event host, I feel honored to bring the message of healthy competition, camaraderie, teamwork spirit and philanthropic efforts to the Shanghai community. I believe that the firm will continuously invest in Corporate Challenge to make it a landmark event in Shanghai.”
The flagship event made its debut with a crowd of 3,807 participants from 178 companies in the inaugural 2011 race. In 2013, the race swelled to 7,200 participants from 230 companies, with a strong foundation of 16 companies having registered a large team with more than 100 members. In 2014, the race welcomed 8,200 runners, representing a 13% increase in participation, and also had 19 companies with more than 100 members on their teams respectively.
The top ten companies in terms of participation numbers at this year’s event were: J.P. Morgan Chase (483 entrants); Eaton China (391); Bosch China (327); China International Fund Management Company (289); Ernest & Young (218); Shanghai Disney Resort (211); PepsiCo (205); GE China (165); EF English First (158); Nestle Sources (136).
Charitable giving has always been an important component of the J.P. Morgan Corporate Challenge Series and this year’s event in Shanghai benefited the Ai You Foundation.
“J.P. Morgan is making a donation on behalf of all the participants to Ai You Foundation with the funds targeted to support the ‘Ai You Reborn Project - Medical Nursing Project for Orphaned Child Patients’. This project is dedicated to providing special care and professional rehabilitation nursing for medically-fragile children before and after surgery. The participation of all runners and their companies will provide substantial help for those sick orphans,” said Greg Guyett, Co-head of Banking, J.P. Morgan Asia Pacific.
Mathieu Leboulanger, representing Schneider Electric ITB , earned first place in the men’s race of J.P. Corporate Challenge Shanghai 2014, covering the 5.6km distance in 18:41. Kelly Olver, running for Austen Morris Associates, was the women’s winner, breaking the finish line tape in 23:14.
The first-place men’s, women’s and mixed teams from the Shanghai event will be invited to participate in the 2015 J.P. Morgan Corporate Challenge Championship. The 2013 Shanghai champions competed this past July in the Championship at London’s Battersea Park.
Team results will become official in approximately two weeks.
As the world’s most renowned corporate sporting event, the Corporate Challenge is in the midst of a record-breaking 2014. With the steady contribution from Shanghai, the Series is on pace to top more than 270,000 in total attendance, breaking the previous attendance record of 262,311, set in 2013. One event, Sydney, Australia on 12 November, remains in the 2014 Series.