Core Viewpoint - Anta Sports Products Group is intensifying anti-corruption measures in high-risk areas by implementing multiple initiatives such as internal audits and inspections, aiming to combat corruption effectively by 2025 [1] Summary by Relevant Sections - **Employee Dismissals and Legal Actions** - As of August 2025, 74 employees were dismissed for serious fraud violations of the company's red lines [1] - 46 individuals, including 21 internal and 25 external personnel, were handed over to judicial authorities for suspected criminal activities, which includes 1 executive-level and 14 director-level individuals [1] - 3 former employees are being prosecuted for crimes committed during their tenure [1] - **Supplier and Partner Accountability** - 45 suppliers and partners were found to have violated integrity and honesty clauses, with the total amount involved in criminal activities reaching approximately 30 million yuan [1] - The company has established a blacklist sharing platform in collaboration with various organizations to implement punitive measures against corrupt entities [1] - **Collaboration and Public Disclosure** - Anta Group is working with the "Sunshine Integrity Alliance," "Corporate Anti-Fraud Alliance," and the Jinjiang Private Enterprise Integrity Protection Association to enhance anti-corruption efforts [1] - In February 2025, the company published its first list of entities it will never cooperate with, which includes 10 non-compliant suppliers [1]

Core 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].

Core 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 violations as part of its 2025 anti-corruption initiative [2][4]. Group 1: Anti-Corruption Measures - In 2025, Anta Group focuses on high-risk areas for anti-corruption governance, employing internal audits, supervision, and verification to combat corruption [4]. - The company has established a "career traceability mechanism" to hold employees accountable for misconduct during their tenure, regardless of their current employment status [4]. - 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 1 executive, 14 directors, and 4 managers [4]. Group 2: Financial Impact and Collaborations - The total amount involved in the corruption cases investigated is approximately 30 million yuan [4]. - Anta Group collaborates with organizations like the "Sunshine Integrity Alliance" and the "Corporate Anti-Corruption Alliance" to create a cross-industry corruption "blacklist" sharing platform [4]. - In February 2025, Anta Group published its first list of entities banned from cooperation, which included 10 non-compliant suppliers [4]. Group 3: Corporate Integrity and Industry Context - Anta Group's co-CEO, Lai Shixian, emphasized that integrity is a fundamental principle for the company, stating that both capability and integrity are essential, and any involvement in corruption will be thoroughly investigated [5]. - Other well-known companies, such as Ulike's parent company, have also reported their anti-corruption progress, indicating a broader trend in the industry towards stricter governance [5].

Core 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]

Group 1 - Anta Group is focusing on anti-corruption measures in high-risk areas by implementing internal audits, inspections, and other initiatives to combat corruption by 2025 [2] - As of August 2025, 74 employees were dismissed for serious misconduct, and 46 individuals were referred to judicial authorities, including one executive and 14 directors [2] - The company has established a "career tracing mechanism" to hold employees accountable for misconduct regardless of their employment status [2] Group 2 - Anta Group has formed an "Integrity and Ethics Committee" and revised six core policies, including anti-corruption and supplier compliance management [3] - The company emphasizes that integrity is a fundamental principle, stating that no matter the capability or performance, any involvement in corruption will be thoroughly investigated [3] - Anta Group collaborates with various organizations to create a cross-industry corruption blacklist sharing platform and has published a list of ten non-cooperative suppliers [2][3]

Group 1 - Anta Group is focusing on anti-corruption measures in high-risk areas by implementing internal audits, inspections, and other initiatives to combat corruption by 2025 [2] - As of August 2025, 74 employees were dismissed for serious fraud, and 46 individuals were referred to judicial authorities for suspected criminal activities, including 1 executive and 14 directors [2] - The company has established a "Career Traceability Mechanism" to hold employees accountable for any job-related criminal behavior, regardless of their employment status [4] Group 2 - Anta Group has formed an "Integrity and Ethics Committee" and revised six core systems, including anti-corruption and supplier compliance management [4] - The company collaborates with various organizations to create a cross-industry corruption "blacklist" sharing platform and implement punitive measures against violators [4] - In the first half of the year, Anta Group reported revenue of 38.544 billion yuan, a year-on-year increase of 14.3%, and a net profit of 7.031 billion yuan, up 14.5% [4] Group 3 - Anta Sports (02020.HK) closed at 96.3 HKD per share, up 2.56%, with a total market capitalization of 270.335 billion HKD [5]

Group 1 - Anta Group has implemented stringent anti-corruption measures, including internal audits and inspections, to combat corruption effectively [3] - A "career tracing mechanism" has been established, ensuring that any criminal behavior by employees during their tenure will be pursued legally, regardless of their current employment status [3] - As of August this year, 74 employees were dismissed for serious misconduct, and 46 individuals were referred to judicial authorities for criminal activities, including one executive and 14 senior managers [3] Group 2 - The company has strengthened its internal control systems by forming an "Integrity and Ethics Committee" and revising six core regulations related to anti-corruption and supplier compliance [3] - Anta Group has published a blacklist of 10 non-compliant suppliers and is collaborating with various organizations to create a shared platform for reporting corruption across industries [4] - Continuous compliance training will be provided to supply chain partners to enhance awareness of integrity and compliance [3][4]

每经编辑｜何小桃 杜宇 图片来源：廉洁安踏微信公众号 安踏集团与"阳光诚信联盟""企业反舞弊联盟"及晋江市民营企业诚正守护协会深度合作，共建跨行业涉腐"黑名单"共享平台，联合实施行业通报、永不录 用、终止合同或拒绝合作等惩戒措施。2025年2月，安踏集团公布首批永不合作主体清单，有10家违规供应商被列入对外公布名单。 安踏集团表示，将持续深化廉洁机制，从组织架构、管理体系、员工教育等方面系统强化内控防线。集团成立"诚信道德委员会"，修订《反贪腐制度》、 《奖惩管理制度》、《供应商廉洁合规管理办法》等6项核心制度，将第三方合规管理、供应链风险防控等纳入规范框架。 9月16日，据廉洁安踏微信公众号消息，2025年，安踏集团聚焦高风险领域推进反腐专项治理，通过内部审计、监察、稽核等多重举措严厉打击贪腐行 为。集团设立"职业追溯机制"，任何员工在任职期间的职务犯罪行为，不受在职状态和时间限制，一经发现必将依法追究责任，让腐败行为无处立足。 截至2025年8月，因严重舞弊触犯集团红线被辞退的员工74人；涉嫌违法犯罪移交司法机关处理的内外部人员46人（内部21人，外部25人），其中包含总 裁级1人，总监级14人、经理级4 ...

Core Points - Anta Group has dismissed 74 employees for serious misconduct as of August 2025, with 46 individuals, including 21 internal and 25 external personnel, referred to judicial authorities for suspected criminal activities [1] - The company has identified 45 suppliers and partners that violated integrity and compliance responsibilities, with the total amount involved in illegal activities reaching approximately 30 million yuan [1] - Anta Group is focusing on high-risk areas to enhance anti-corruption measures through internal audits and multiple oversight mechanisms, establishing a "career traceability mechanism" to hold employees accountable for misconduct regardless of their employment status [1] Summary by Categories Employee Misconduct - 74 employees have been dismissed for serious misconduct, with 46 individuals facing legal action, including one at the president level and 14 at the director level [1] - Three former employees are being prosecuted for crimes committed during their tenure [1] Supplier and Partner Violations - 45 suppliers and partners have been found in violation of integrity clauses, with illegal activities amounting to around 30 million yuan [1] Anti-Corruption Initiatives - Anta Group is implementing a special governance initiative focused on high-risk areas, enhancing anti-corruption efforts through internal audits and oversight [1] - The company has established a "corruption blacklist" system to strengthen integrity management and has publicly disclosed a list of 10 non-compliant suppliers [1]

Core Viewpoint - Anta Sports Products Group is intensifying its anti-corruption efforts by implementing comprehensive training and establishing a robust anti-corruption system, with a focus on high-risk areas by 2025 [1] Group 1: Anti-Corruption Measures - As of August 2025, 74 employees have been dismissed for serious misconduct violating the company's red lines [1] - A total of 46 individuals, both internal and external, have been referred to judicial authorities for suspected criminal activities, including 21 internal and 25 external personnel [1] - The dismissed personnel include one executive-level individual, 14 directors, and four managers, with three individuals prosecuted for crimes committed during their employment [1] Group 2: Supplier and Partner Accountability - 45 suppliers and partners have been found in violation of integrity and honesty responsibilities, with the total amount involved in illegal activities reaching approximately 30 million yuan [1] - Anta Group collaborates with organizations such as the "Sunshine Integrity Alliance" and the "Corporate Anti-Fraud Alliance" to create a cross-industry corruption blacklist sharing platform [1] - In February 2025, Anta Group published its first list of entities with whom it will never cooperate, including 10 non-compliant suppliers [1]