$9.3 million in prizemoney

The sixth China Horse Owners Alliance (CHOA) conference was held at Yulong International Hotel on Sept. 2. Zhang Yuesheng, who owns Yulong Horse Group, was reelected as the Chairman of CHOA. CHOA Secretary-General and Vice-Chairman Huang Quincai revealed that 60 million RMB/$9.3 million will be devoted to Chinese prizemoney over the next three years, with 10 million RMB for use in 2022, 20 million RMB set aside for 2023 and 30 million RMB allocated for 2024. There are also now 27 stallions in China whose progeny are eligible for CHOA...