At the 40th Chess Olympiad held in Istanbul, Turkey from 27 August to 10 September 2012, Hou Yifan led the Chinese women's chess team to a second place, silver medal finish. Hou won the gold medal for individual performance on board 1 with a 2645 TPR, 6.5/9 score (+4, =5). During the competition she was presented with the Caissa Cup, which honors the female player with the best chess results during the year.