Core Viewpoint - Anta Sports (02020) announced a share subscription agreement involving its indirect wholly-owned subsidiary, Anka Holdings, which will dilute its stake in Anka Holdings from 100% to 80% following the issuance of 2,500 subscription shares [1] Group 1: Share Subscription Agreement - Anka Holdings has entered into a conditional share subscription agreement with Ruiyuan and Shangtai, agreeing to issue a total of 2,500 subscription shares [1] - The completion of the subscription will result in a dilution of Anta's indirect beneficial interest in Anka Holdings from 100% to 80%, effectively constituting a sale of 20% equity in Anka Holdings [1] Group 2: Purpose of Anka Holdings - Anka Holdings was established as a special purpose company to hold the "Jack Wolfskin" business [1] - Following the successful acquisition of the "Jack Wolfskin" business earlier this year, the company is planning the next phase of development [1] Group 3: Strategic Benefits - The board believes that the subscription will enhance the capital base of Anka Holdings, aligning with the growth strategy for the "Jack Wolfskin" business [1] - Issuing subscription shares to Shangtai, which will be held by a trust primarily for the benefit of the group's senior management and employees, aims to incentivize management and align their financial interests with the group [1]