ANTA Sports is being selected on the “50 Companies to Watch in 2020” of Bloomberg Intelligence
Becoming the only Chinese sportswear brand being selected on the list
Hong Kong, 23 October 2019 – ANTA Sports Products Limited (“ANTA Sports” or the “Company”, stock code: 2020.HK, and its subsidiaries collectively the “Group”), a leading sportswear company in China, is pleased to announce that the Company is being selected as “ 50 Companies to Watch in 2020” by the Bloomberg Intelligence, the research arm of Bloomberg, today. Anta Sports stands out among 2,000 global listed companies and become the only sportswear company being selected on the “50 Companies to Watch” list twice.
As the largest sportswear company in China, Anta Sports is poised to rival foreign brand’s market share in China within three years, Bloomberg Intelligence said. The Company will speed up its expansion in China before the 2022 Beijing Winter Olympics, while the globalization pace of the company is highly concerned.
Mr. Ding Shizhong, Chairman of ANTA Sports, said, “Being selected as one of the 50 Companies to Watch in 2020 once again showcased ANTA Sports leading position in the industry, demonstrating its stable and healthy financial performance in the sportswear sector. If an enterprise wants to grow, it should uphold the philosophy of innovative transformation, becoming a brand that dare to create. This is the reason why we have been successfully included in this honorable list. ANTA Sports will continue to promote its globalization in order to uplift the Company’s development into a new level, and forging ahead to ANTA’s dream of ‘becoming an international brand’.”
“Companies to Watch” is a list produced by the research center of Bloomberg Intelligence, who tracks about 2,000 global companies, analyzing the stock price, revenue growth, margins, market share, debt, and relevant factors such as economic conditions to identify those that face challenges in the year ahead and those that are poised to release products or services with blockbuster potential, in order to came up with this list of 50 companies that are worth watching. This is a globally influential list, acting as a key indicator to measure corporates’ growth potential, which is also an important benchmark for sector investors when making investment decisions.
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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. Its “Single-Focus, Multi-Brand, Omni-Channel” strategy has been fully implemented in recent years, with a focus on China’s sportswear market. 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