Core Viewpoint - Anta 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 [2][5] Group 1: Anti-Corruption Measures - By August 2025, Anta has dismissed 74 employees for serious misconduct and referred 46 individuals (21 internal, 25 external) to judicial authorities, including one at the president level and 14 at the director level [2] - The company has established a "career tracing mechanism" to hold employees accountable for misconduct regardless of their employment status [2] - Anta has formed an "Integrity and Ethics Committee" and revised six core systems, including anti-corruption and supplier compliance management [5] Group 2: Supplier Management - Anta collaborates with various organizations to create a cross-industry corruption blacklist sharing platform and implements punitive measures against non-compliant suppliers [5] - The first blacklist published in February 2025 included 10 non-compliant suppliers [5] Group 3: Financial Performance - In the first half of 2025, Anta reported a revenue increase of 14.3% to 38.544 billion yuan and a net profit rise of 14.5% to 7.031 billion yuan [6] - The FILA brand saw an 8.6% revenue increase to 14.18 billion yuan, while other brands experienced a significant revenue surge of 61.1% to 7.41 billion yuan [6] - Anta's subsidiary Amer Sports reported a revenue of approximately 19.457 billion yuan, a year-on-year increase of 23.46% [6]

Core Viewpoint - Anta Group is intensifying anti-corruption measures by focusing on high-risk areas and implementing multiple initiatives to combat corruption by 2025 [1][3] Group 1: Anti-Corruption Measures - By August 2025, 74 employees were dismissed for serious misconduct, and 46 individuals were referred to judicial authorities, including one at the presidential level and 14 at the director level [1] - The company established a "Career Traceability Mechanism" to hold employees accountable for misconduct regardless of their employment status [1] - Anta Group formed an "Integrity and Ethics Committee" and revised six core systems, including anti-corruption and supplier compliance management [3] Group 2: Supplier Management - Anta Group collaborates with various organizations to create a cross-industry corruption "blacklist" sharing platform and implement punitive measures against non-compliant suppliers [3] - The company published its first "never cooperate" list in February 2025, which included 10 non-compliant suppliers [3] Group 3: Financial Performance - In the first half of 2025, Anta Group reported a revenue increase of 14.3% to 38.544 billion yuan and a net profit increase of 14.5% to 7.031 billion yuan [4] - The FILA brand saw an 8.6% revenue increase to 14.18 billion yuan, while the "all other brands" segment experienced a significant revenue surge of 61.1% to 7.41 billion yuan [5] - Anta's subsidiary Amer Sports reported a revenue of approximately 19.457 billion yuan, with a year-on-year growth of 23.46% [5]