李宁2025中报稳健，跑步、综训引领增长，跑鞋销售半年突破1400万双

Core Viewpoint - Li Ning reported a steady revenue growth for the first half of 2025, with total revenue reaching 14.82 billion RMB, an increase of 3.3% compared to the same period in 2024 [1] Financial Performance - The net profit attributable to equity holders was 1.74 billion RMB, resulting in a net profit margin of 11.7% [1] - Research and development expenditure increased by 8.7% year-on-year [1] Product Performance - Total sales of running shoes exceeded 14 million pairs during the period [1] - The running and cross-training categories led the growth, with retail sales growth rates reaching 15% year-on-year [1]