ANTA Sports selected as Hang Seng Index constituent Formally joining list of “blue-chip stocks”
Hong Kong, 13 November 2020 – ANTA Sports Products Limited (“ANTA Sports” or the “Company”, stock code: 2020.HK, and its subsidiaries collectively the “Group”), is pleased to announce that the Company has been selected as one of the constituents for the Hang Seng Index (“HSI constituents”) by the Hang Seng Indexes Company Limited, effective from 7 December 2020 (Monday).
HSI is one of the most critical indicators in Hong Kong and global stock markets. ANTA Sports has been selected as a blue-chip stock, which demonstrates the capital market’s positive view and recognition of the Company, and further consolidates ANTA Sports’ image as a leading sportswear company in China.
The Company was successfully selected as one of the constituents of the Hang Seng China Enterprise Index earlier in May last year. This time, the Company has once again been honored to be categorized as a “blue-chip stock” by the Hang Seng Indexes Company Limited (“Hang Seng Indexes”), and is the only Chinese sportswear company among the Hang Seng Index constituents.
Ding Shizhong, Chairman and CEO of Anta Sports, said: “ANTA Sports is proud to be included in the Hang Seng Index. This marks another key milestone for the company’s development in the capital market. As a listed company in Hong Kong for many years, ANTA Sports has continued to stay true to its aspirations and keep its initial mission in mind, maintaining a keen focus on its goals while fully engaging in the sports industry. We firmly believe that the Company has the capability to create more value for consumers around the world, and become a respected world-class multi-brand sports products group.”
Ding Shizhong continued: “Since the COVID-19 pandemic, we have taken swift and proactive measures to response. We also developed a new online marketing model with clear targets, driven by all of our staff members, prompting the team to become innovative amidst the crisis. Since the pandemic situation eases in China, ANTA has achieved good progress in terms of implementing the new Direct-to-Consumer strategy and integrating online and offline business.. The pandemic has led to a higher awareness and demand on health and hygiene in the general public. We believe this trend will continue, and the fundamentals of the industry will remain strong. We remain confident in the long-term development of the Group.”
- END –
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
Samuel Xiao / Rowena Lai
Tel: (852) 3103 0128 / (852) 3103 0116