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ANTA Sports' Revenue Increases by 14.3%, Exceeding RMB 38.5 Billion in the First Half

Four Consecutive Years of Domestic Leadership with Globalization Advancing Strongly

(Hong Kong SAR, 27 August, 2025) – ANTA Sports Products Limited ("ANTA Sports" or the "Company", stock codes: 2020 (HKD counter) and 82020 (RMB counter), and its subsidiaries collectively the "Group") today announced its unaudited interim results for the six months ended 30 June 2025 (the "period").

Financial and Operational Highlights
(All monetary figures are in RMB unless otherwise stated)

  1. Strengthening marketing leading position: Revenue growth outpaces the industry, topping China market for four consecutive years
    1. The Group achieved revenue of 38.54 billion, increasing by 14.3% year-onyear. This marked the 12th consecutive year of positive growth, expanding the Group's leading position in the China market.
    2. Revenue from the ANTA segment reached 16.95 billion, increasing by 5.4% year-on-year, outperforming the industry average.
    3. Revenue from FILA segment reached 14.18 billion, increasing by 8.6% year-on-year, exceeding market expectations.
    4. Revenue of all other brands surged by 61.1% year-on-year to 7.41 billion, maintaining strong growth momentum and significantly outperforming market expectations.
    5. The Group has completed the acquisition of JACK WOLFSKIN and established a joint management team. A three-to-five-year revitalization plan is being formulated, focused on realigning the product and brand framework around the brand’s core values.
      • The Group has announced a joint investment with South Korean fashion company MUSINSA to establish a joint venture, "MUSINSA China," in which ANTA Sports holds a 40% equity stake. “MUSINSA China” will be responsible for developing the "MUSINSA STANDARD" brand and operating the "Musinsa Store" multi-brand retail concept across the China market.

  2. Achieving high-quality growth: Profit margins and cashflow remain at healthy levels
    1. Profitability: The profit attributable to equity shareholders, excluding the gain from equity dilution under Amer Sports Listing, increased by 14.5% year-on-year to RMB7.03 billion.
    2. Operational efficiency: The Group’s operating profit margin increased by 0.6 ppt to 26.3%, with margins of 23.3% for the ANTA segment, 27.7% for FILA, and 33.2% for all other brands.
    3. Cash flow generation: Net operating cash inflow totaled 10.93 billion, with free cash inflow of 7.55 billion, reflecting the Group's stable cash generation capability. As of 30 June 2025, the Group held 55.58 billion in cash and cash equivalents, banks deposits, and pledged deposits.
    4. E-Commerce business: The Group continued to optimize its e-commerce platform mix and enhance digital capabilities. E-commerce revenue increased 17.6% year-on-year, accounting for 34.8% of the Group’s overall revenue.

  3. Advancing mutual value: Fully practicing ESG and fulfilling social responsibility
    1. Sustained employment creation: As of 30 June 2025, the Group employed approximately 65,500 people, including the recruitment of more than 1,000 recent university graduates. Across the value chain, the Group indirectly supported over 200,000 jobs.
    2. Enhanced R&D investment: R&D expenditure in the first half reached 1 billion, up 8% year-on-year. Over the past decade, cumulative investment in innovation has exceeded 20 billion.
    3. Sustained Charitable Contributions: In the first half, the Group and the Hemin Foundation donated more than 360 million through their dual public welfare platforms. Cumulative donations have exceeded 3.04 billion. The Hemin Foundation also published its inaugural annual report, highlighting donations of over 650 million as at 2024, with projected contributions of 1.13 billion in 2025.
    4. Promoted sustainable transformation: In the S&P Global Corporate Sustainability Assessment, the Group outperformed 94% of its peers among 190 global textile, apparel, and luxury goods companies, firmly maintaining its leading position in China's footwear and apparel industry. The Group’s MSCI ESG rating has risen three levels to an "A" grade, with its score increasing 2.5 times, reflecting significant progress in sustainability practices. It made its debut on the Dow Jones Sustainability Emerging Markets Index, becoming one of only six Chinese companies selected. Selected as constituent of the Hang Seng ESG 50 Index for the first time, ranking among the top 50 listed companies in Hong Kong for environmental, social, and governance (ESG) performance. This recognition fully acknowledges the company’s outstanding achievements and industry leadership in the field of sustainable development.

– End –

About ANTA Sports
ANTA was established in 1991; while ANTA Sports Products Limited, a widely recognized global sportswear company, was listed on the Main Board of HKEX in 2007 (Stock Codes: 2020 (HKD counter) and 82020 (RMB counter)). The mission of the Company is to bring the transcendent sports spirit into everyone’s life. ANTA Sports principally engages in R&D, design, manufacturing, marketing and sales of professional sports products including footwear, apparel and accessories. By embracing an all-round brand portfolio including ANTA, FILA, DESCENTE, KOLON SPORT, JACK WOLFSKIN , MAIA ACTIVE, etc., ANTA Sports aims to unlock the potential of both the mass and high-end sportswear markets. ANTA Sports is also the largest shareholder of Amer Sports, Inc., a global group of iconic sports and outdoor brands, including Arc’teryx, Salomon, Wilson, Peak Performance, and Atomic, whose shares are listed on the New York Stock Exchange (NYSE: AS).

IR website: http://ir.anta.com
WeChat official account: antatiyu_20070710

For further information, please contact:
ANTA Sports Products Limited

Investor Relations Department
Tel: (852) 2116 1660
Fax: (852) 2116 1590
E-mail: ir@anta.com.hk

CDR
Linda Pui / Jobie Cheung
Tel: (852) 3103 0118 / (852) 3103 0107
Email: AntaSportsIR@cdrconsultancy.com