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ANTA Sports’ 2025 Revenue Grows 13.3% to Over RMB80.2 Billion, Reinforcing Industry Leadership in China with Record Market Share

(Hong Kong SAR, 25 March 2026) – ANTA Sports Products Limited (“ANTA Sports” or the “Company”; stock codes: 2020 (HKD counter) and 82020 (RMB counter), together with its subsidiaries, the “Group”) today announced its audited annual results for the year ended 31 December 2025 (the “financial year”).

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

1. Market leadership further strengthened, with revenue and market share reaching record highs and overall performance exceeding market expectations
   
   1. The Group’s revenue reached a record high of RMB80.22 billion, increasing by 13.3% year on year, firmly maintaining its leading position in the Chinese sportswear market. Operating profit increased by 15.0% year on year to RMB19.09 billion.
   2. According to data from an internationally recognized institution, ANTA Sports continued to gain market share in China’s sportswear market, with an estimated share of approximately 21.8%, maintaining its position as the industry leader. Globally, the Group also ranked among the top three in the industry.
   3. ANTA’s segment revenue rose by 3.7% year on year to RMB34.75 billion, while operating profit increased by 2.5% to RMB7.21 billion. The business continued to deliver steady progress, maintaining its position as the leading Chinese sportswear brand.
   4. FILA’s segment revenue increased by 6.9% year on year to RMB28.47 billion, while operating profit rose by 10.1% to RMB7.42 billion. Despite being a sizable business, FILA continued to outperform the broader industry, reinforcing its market leading position in the high-end sports fashion segment.
   5. Revenue of all other brands increased significantly by 59.2% year on year to RMB17.00 billion, while operating profit increased by 55.3% to RMB4.74 billion, maintaining strong growth momentum. Among all other brands, DESCENTE’s retail sales surpassed RMB10 billion for the first time in 2025, making it the Group’s third brand to reach this milestone.
      
      
2. Core profitability indicators surpassed market expectations, indicating healthy business operations
   
   1. Operational efficiency: The Group’s operating profit margin increased by 0.4% points year on year to 23.8%, underscoring its solid operational resilience.
   2. Cash flow generation: Free cash flow amounted to RMB16.11 billion. As at the end of 2025, the Group maintained a solid net cash position of approximately RMB 31.72 billion.
   3. Profit attributable to shareholders: Excluding gain arising from equity dilution related to the Amer Sports listing and placing in 2024, profit increased by 13.9% to RMB 13.59 billion.
      
      
3. Breakthrough achievements across brand value, technological innovation, talent development and social responsibility
   
   1. Sustained employment growth: The Group’s total workforce exceeded 69,100, including the recruitment of 1,000 university graduates, and supported the creation of nearly 300,000 direct and indirect job opportunities. Investment in employee welfare and training continued to increase.
   2. Enhanced R&D investment: R&D expenditure rose to approximately RMB 2.2 billion in 2025. During the financial year, the Group launched its AI365 Strategy, establishing a range of AI tools across the entire value chain and significantly enhancing design and R&D efficiency.
   3. Brand value enhancement: Ranked among the Top 10 apparel brands in the Kantar BrandZ Most Valuable Global Brands 2025 rankings.
   4. Deepened sustainability initiatives: The Group achieved its first inclusion in the Hang Seng ESG 50 Index, placing it among the top 50 Hong Kong-listed companies for ESG performance. Its MSCI ESG rating was upgraded by four levels over three consecutive years to “AA”.
   5. Increased charitable contributions: Total charitable donations by the Group and the Hemin Foundation exceeded RMB 800 million in 2025, bringing cumulative donations to more than RMB 3.5 billion

Ding Shizhong, Executive Director and Board Chairman of ANTA Sports, said: “In 2025, amid a complex and rapidly changing environment, we once again delivered resilient growth by staying true to our ‘Single-focus, Multi‑brand, Globalization’ strategy. The Group’s revenue surpassed RMB80 billion for the first time, reinforcing a competitive advantage built on a ‘multi‑brand portfolio and strong operational capabilities’. Each of our brands delivered differentiated, high‑quality growth. Growth is the best corporate culture, but it is not about simple expansion of scale. It is about “winning through products and winning through operations”. We have stayed disciplined in our strategy, avoiding short‑term volatility and focusing instead on enhancing operational quality and the long‑term value of our brands. At its core, the multi‑brand strategy reflects a long‑term commitment to understanding evolving consumer needs. ‘Great acquisition, great management and great operation’ underpins the sharpening of brand positioning and the development of sustainable growth models. The Group’s distinctive ‘Brand + Retail’ business model refined over many years, together with our three core competencies in multi-brand management, multi-brand retail operations, and global resource deployment, enables each brand to fully unlock its potential and generate sustained momentum across cycles. This year marks the 35th anniversary of ANTA Sports. Having navigated multiple industry fluctuations and consumption cycles, we are confident that, with a steadfast strategy, we will continue building resilience, health and vitality by driving technological innovation, staying anchored in the China market, and expanding globally to compete on the world stage.” 

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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