Oct. 23, 2019

ANTA Sports is being selected on the “50 Companies to Watch in 2020” of Bloomberg Intelligence

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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