The 1st Ing Cup was the first edition of the Ing Cup, an international Go tournament held every four years. The 1st Ing Cup was a sixteen player invitational, with six players representing the Nihon Ki-in (Kobayashi Koichi, Kato Masao, Fujisawa Shuko, Takemiya Masaki, Hashimoto Shoji, and Cho Chikun), five players representing the Zhongguo Qiyuan (Liu Xiaoguang, Ma Xiaochun, Jiang Zhujiu, Wu Songsheng, and Nie Weiping), three Taiwanese Nihon Ki-in players (O Rissei, O Meien, and Rin Kaiho), one player from the Hanguk Kiwon (Cho Hunhyun), and one player representing North America (Michael Redmond).

The first round was held on 21 August 1988 and the tournament concluded with the fifth and final match of the finals on 5 September 1989. Cho Hunhyun won the tournament, defeating three Nihon Ki-in players along the way.

Knockout round

Round of 16Quarter-finalsSemi-finalsFinal
21 August
China Nie Weiping1
United States Michael Redmond0
Nie Weiping1
21 August
Cho Chikun0
Japan Cho Chikun1
China Wu Songsheng0
Nie Weiping2
21 August
Fujisawa Shuko0
Japan Fujisawa Shuko1
China Ma Xiaochun0
Fujisawa Shuko1
21 August
Kato Masao0
Japan Kato Masao1
China Liu Xiaoguang0
Nie Weiping2
21 August
Cho Hunhyun3
South Korea Cho Hunhyun1
Taiwan O Meien0
Cho Hunhyun1
21 August
Kobayashi Koichi0
Japan Kobayashi Koichi1
Taiwan O Rissei0
Cho Hunhyun2
21 August
Rin Kaiho0
Taiwan Rin Kaiho1
Japan Hashimoto Shoji0
Rin Kaiho1
21 August
Jiang Zhujiu0
China Jiang Zhujiu1
Japan Takemiya Masaki0

Final

Player12345T
South Korea Cho HunhyunW+3.5B+1.5B+R3
China Nie Weipingㅕ W+9.5B+2.52