Core Viewpoint - The CBA transfer market is experiencing a significant shift towards state-owned enterprises (SOEs), with private clubs struggling to compete financially and operationally [1][4][6]. Group 1: Market Dynamics - The CBA transfer market is increasingly dominated by SOE teams, which have the financial backing to make substantial signings, contrasting with the shrinking presence of private clubs [1][3]. - Notable transfers include Zhao Rui to Beijing Shougang and Zhang Zhenlin to Shanghai Jiushi, highlighting the trend of national team players choosing SOE clubs [1][3]. - Guangdong Hongyuan remains a rare active buyer among private clubs, successfully acquiring players like Cui Yongxi and Jiao Boqiao through strategic maneuvers [1][3]. Group 2: Challenges for Private Clubs - Many private clubs are facing unprecedented survival pressures, leading to a trend of selling star players rather than making high-profile acquisitions [4][6]. - The financial struggles of private clubs are exacerbated by the downturn in the real estate sector, which has historically supported many of these teams [6][4]. - The operational model of SOE clubs focuses on long-term benefits and social responsibility, allowing them to invest without the immediate pressure for profit [6][4]. Group 3: Strategic Recommendations for Private Clubs - Private clubs need to shift from high-cost acquisitions to sustainable operational models, emphasizing youth training and talent development [7][9]. - Investing in youth training systems can create a pipeline of talent, allowing clubs to maintain competitiveness and generate revenue through player sales [9][12]. - A more strategic approach to foreign player acquisitions is necessary, focusing on compatibility with team tactics and potential trade value rather than just star power [10][12].