Anta Sports expands capital base, forms JV, declares interim dividend

Anta Sports Products Limited’s indirect wholly-owned subsidiary, Anca Holding, has entered into share subscription agreements with Wise Source and Reward Grand. These agreements involve the subscription of an aggregate of 2,500 subscription shares, which will dilute Anta Sports' indirect beneficial interest in Anca Holding from 100% to 80%. The consideration for these shares includes $40,000,000 from Wise Source and $45,000,000 from Reward Grand.

Concurrently, Anta Sports has announced a joint venture with MUSINSA Co., Ltd. to operate Korean fashion businesses in Mainland China, Hong Kong SAR, and Macao SAR. Anta will hold 40% equity interest in the JV, while MUSINSA will hold 60%. This JV aligns with Anta's "Single-focus, Multi-brand, Globalization" strategy, aiming to combine sports and fashion for young consumers.

In addition to these strategic moves, Anta Sports has declared an interim dividend of HK$1.37 per share for the six months ended June 30, 2025. The ex-dividend date is September 9, 2025, with payment scheduled for September 23, 2025.