ANTA Sports Selected as Constituent Stock of Hang Seng China Enterprises Index
Also Ranked in 2019 BrandZ™ Top 100 Most Valuable Chinese Brands
Hong Kong, 10 May 2019 – ANTA Sports Products Limited (“ANTA Sports” or the “Company”, stock code: 2020.HK) is pleased to announce that the Company has been selected as a constituent stock of the Hang Seng China Enterprises Index (“HSCEI”) by Hang Seng Indexes Company Limited, which will be in effect from 17 June 2019.
As one of the most important benchmarks in Hong Kong’s capital market and stock market, the constituent stocks of HSCEI include top Chinese companies in respective industries listed on HKEx with the biggest market caps and highest liquidity. A stable and healthy business performance, as well as a solid reputation accumulated from Hong Kong and international capital markets, has marked ANTA Sports distinctly from other candidates, leading it to be selected as a constituent stock of the HSCEI. This reflects the recognition of ANTA’s business by capital markets alongside their ample confidence in the Company’s future development.
Ding Shizhong, Chairman and CEO of ANTA Sports, said, “ANTA Sports becoming a constituent stock of the HSCEI is an important milestone for the Company, demonstrating the capital market’s admiration for our achievements in business as well as the performance of our investment relations. “
Ding Shizhong continued, “Ever since it listed on HKEx in 2007, ANTA Sports has been striving for excellence and innovation. Our market cap grew from HKD13 billion 10 years ago to over HKD100 billion last year. In the past decade we have devoted ourselves to China’s sports industry, fully utilizing favorable prospects in the industry’s development and taking advantage of trends to create one achievement after another. We have successfully transformed ourselves from a traditional private enterprise to a public company with global competitiveness and a modern governance structure.”
Ding Shizhong emphasized, “ANTA Sports has always stood with the most glorious moments in China’s sports arena. Now, ANTA Sports has its own moment of glory, in becoming a constituent stock of the HSCEI. We will continue to utilize our ‘Single-focus, Multi-brand and Omni-channel’ operational model, promoting incubation synergy for retail value creation and taking to new heights going forward.”
Apart from being selected as a constituent stock of the HSCEI, ANTA Sports is also previously selected as constituent stock in the Hang Seng Corporate Sustainability Index Series and Morgan Stanley Global Standards Index Constituents. Moreover, ANTA Sports was included in the “2019 BrandZ™ Top 100 Most Valuable Chinese Brands” list published by WPP and Millward Brown recently. ANTA Sports is the only sportswear industry brand in the list and ranked in first place under the apparel category, demonstrating our strong brand appeal.
About ANTA Sports
ANTA brand was established in 1991, while ANTA Sports Products Limited, a leading sportswear company in China, was listed on the Main Board of Hong Kong Stock Exchange in 2007 (Stock code: 2020.HK). For many years, ANTA Sports has been principally engaging in the design, development, manufacturing and marketing of ANTA sportswear series to provide the mass market in China with professional sporting products including footwear, apparel and accessories. By embracing an all-round brand portfolio including ANTA, FILA, DESCENTE, SPRANDI, KINGKOW, and KOLON SPORT, and by setting up an investor consortium to successfully acquire Amer Sports Corporation in 2019, a Finnish sportswear group that has internationally-recognized brands including Salomon, Arc’teryx, Peak Performance, Atomic, Suunto, Wilson and Precor etc. ANTA Sports aims to unlock the potential of both the mass and high-end sportswear markets.
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
Citigate Dewe Rogerson
Joe Pan / Samuel Xiao
Tel: (852) 3103 0110/ (852) 3103 0128