Hong Kong-listed Anta Sports Products has chalked up its 15th consecutive year of market leadership in Mainland China’s travel and sports shoes market.
Ding Shizhong, chairman and CEO of Anta Sports, said the company achieved record-breaking results for the full year 2015 and became the first Chinese branded sportswear company with a revenue of over RMB10 billion.
The company collected several accolades at the 2016 China Consumer Market Development Annual Conference, results it says illustrate “the prominent recognition of Anta’s product quality from the industry and consumers”.
At the event, organised by the China General Chamber of Commerce and the China National Commercial Information Center, Anta Sports was the only Chinese branded sportswear company named in the Top 100 Integrated Strength and Top 10 High Resilience Enterprise at Top 100 Hong Kong Listed Companies Selection Event, organised by Finet Group and QQ.com.
“These awards affirm investors’ recognition of the company’s strong operational ability and satisfactory return to its shareholders,” Anta Sports said in a statement.
The judging panel… consists of senior professionals from the large investment banks, securities brokerages, finance-related associations, accounting firms and law firms. Evaluation criteria include market capitalisation, business revenue, net profit after tax, return on equity and total rate of return. The aim is to reflect the growth potential and business expansion of each recipient.
“In addition, Anta will dedicate the same level of effort and artisanal spirit in producing every piece of apparel and footwear sportswear products from professional athletes and consumers.”
As one of the leading branded sportswear enterprises in China, Anta Sports Products primarily designs, develops, manufactures and markets sportswear, including sports footwear, apparel and accessories. The company has an extensive distribution network under the management of regional distributors, with a leading presence in second- and third tier cities, and places great emphasis on branding by integrating sports activities and consistent store image to enhance brand and product differentiation.