Core Viewpoint - The event "Walk into Li Ning Company" highlighted the company's commitment to ESG (Environmental, Social, and Governance) practices, showcasing its long-term efforts and achievements in sustainable development [1][3]. Group 1: ESG Initiatives - Li Ning Company has been exploring ESG practices for 20 years, transitioning from initial exploration (2006-2019) to systematic layout (2020-2023), and now accelerating platform development since 2024 [3]. - The establishment of an ESG management committee has led to significant achievements in the development of environmentally friendly products across the entire supply chain [3]. - Li Ning's ESG rating has improved to BBB level according to MSCI, reflecting its commitment to sustainability [3]. Group 2: Leadership and Governance - The company emphasizes a sustainable development slogan "Every step forward," aiming for harmony among employees, the enterprise, society, and nature [4]. - A complete ESG governance structure is in place, with the board of directors as the highest decision-making body, ensuring ESG goals are integrated into business operations [4]. Group 3: Product Innovation - Li Ning focuses on product innovation through four stages: raw materials, processes, recycling, and ecological circulation, promoting a full chain of environmentally friendly products [4]. - The company has utilized over 190 million recycled plastic bottles to create regenerated yarn, demonstrating its commitment to sustainability [4]. Group 4: Comprehensive Sustainability - Li Ning promotes green operations by using renewable energy and implementing low-carbon transformations across its supply chain [4]. - The company prioritizes employee well-being and social welfare, particularly in supporting youth sports initiatives [4][5]. Group 5: Future Commitment - Li Ning is dedicated to continuing its sustainable development journey, aiming to set an industry benchmark and contribute to the collective growth of society, the environment, and the enterprise [5].

Core Viewpoint - The company is positioning itself as a leader in green and sustainable practices within the sportswear industry, emphasizing its commitment to environmental, social, and governance (ESG) principles through innovative product development and operational strategies [1][4]. Group 1: ESG Commitment and Strategy - The company adopts a core ESG philosophy of "high-level leadership, long-term commitment, product innovation, and full-chain drive" to achieve sustainable development [1]. - The company has established a comprehensive governance structure that supports ESG initiatives, involving all levels from the board to operational teams [4]. Group 2: Product Innovation - The company has launched a series of eco-friendly sports products, including professional footwear that meets both performance and environmental standards [2]. - An example of innovation includes the use of castor oil-derived bio-based materials in shoe production, which has led to the sale of over 10 million pairs of bio-based running shoes [3]. Group 3: Environmental Impact - The company has facilitated the recycling of over 190 million plastic bottles through the use of recycled materials in its products [3]. - In May 2024, the company showcased fully biodegradable shoes, achieving over 80% biodegradability, marking a significant milestone in the Chinese sports footwear market [3]. Group 4: Operational Sustainability - The company is enhancing its operations through smart equipment upgrades and renewable energy initiatives, such as a 1.16MW solar power station in Beijing, which is expected to provide 25% of its total electricity needs by 2024 [5]. - The company has completed social responsibility audits for 140 suppliers and environmental audits for 60 material suppliers, achieving a 100% pass rate for all audited suppliers [5]. Group 5: Future Vision - The company aims to integrate sustainable development deeply into its business operations, focusing on creating both commercial and social value [5].