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Why is Hongyuan Team called Guangdong Team?

Hongyuan Team is called Guangdong Team because it is sponsored by Guangdong Hongyuan Group and is the first team in Guangdong Province to join CBA. Hongyuan team is strong. Since the establishment of 1993, it has won the championship for eight times, and it is the team that has won the championship the most times in CBA. Some fans are more accustomed to calling them Guangdong team.