ANTA SPORTS(HK:02020) Zhong Guo Ji Jin Bao·2025-09-16 10:43Core Viewpoint - Anta Group has made significant progress in anti-corruption efforts, reporting the dismissal of 74 employees and the transfer of 46 individuals to judicial authorities for legal action as part of its 2025 anti-corruption initiative [1][3]. Group 1: Anti-Corruption Measures - In 2025, Anta Group focuses on high-risk areas for special anti-corruption governance, employing internal audits, supervision, and verification to combat corruption [3]. - The company has established a "career tracing mechanism" to hold employees accountable for misconduct during their tenure, regardless of their current employment status [3]. - As of August 2025, 74 employees were dismissed for serious misconduct, and 46 individuals (21 internal and 25 external) were referred to judicial authorities, including one executive and 14 senior managers [3]. Group 2: Financial Implications - The cases investigated involved a total amount of approximately 30 million yuan related to illegal activities [3]. Group 3: Collaboration and Industry Standards - Anta Group collaborates with organizations like the "Sunshine Integrity Alliance" and the "Corporate Anti-Fraud Alliance" to create a cross-industry corruption "blacklist" sharing platform [3]. - The company has implemented punitive measures such as industry notifications, permanent disqualification, and contract termination against 45 suppliers and partners who violated integrity and honesty clauses [3]. Group 4: Leadership Statements - Anta Group's Co-CEO emphasized that integrity is a fundamental principle, stating that capability and integrity are both essential, and any involvement in corruption will be thoroughly investigated [4]. - The company aims to foster a clean and positive environment to promote healthy and high-quality development [4].