ANTA SPORTS(HK:02020) Cai Jing Wang·2025-09-16 10:20Core Insights - Anta Sports Products Group is focusing on anti-corruption initiatives, particularly in high-risk areas, with a goal to enhance its anti-corruption system by 2025 [1] Summary by Categories Anti-Corruption Measures - By August 2025, Anta has dismissed 74 employees for serious fraud violations [1] - 46 individuals, both internal (21) and external (25), have been referred to judicial authorities for suspected criminal activities, including one at the president level, 14 at the director level, and 4 at the manager level [1] - Three former employees are being prosecuted for crimes committed during their tenure [1] Supplier and Partner Accountability - 45 suppliers and partners have been penalized for violating integrity and honesty clauses, with the total amount involved in criminal cases reaching approximately 30 million yuan [1] - Anta is collaborating with organizations like the "Sunshine Integrity Alliance" and the "Corporate Anti-Fraud Alliance" to create a cross-industry corruption blacklist sharing platform [1] Future Initiatives - In February 2025, Anta will publish its first list of entities it will never cooperate with, which will include 10 non-compliant suppliers [1]