ANTA SPORTS (02020) has spent over 200 million Hong Kong dollars to repurchase more than 2.7 million shares.

ANTA SPORTS (02020) announced that the company has repurchased over 2.7 million shares on HKEX from September 3 to 5, costing over 200 million Hong Kong dollars. Previously, ANTA Group announced that the board of directors has approved a share repurchase plan to repurchase shares for no more than 10 billion Hong Kong dollars within the next 18 months, to increase shareholder returns and create long-term value for shareholders. The board of directors expressed confidence in the continued development and prospects of the group's business, believing that the company's current stock price is lower than its actual value. The implementation of the share repurchase plan aims to promote the interests of shareholders and increase the long-term capital value of the company. The board of directors believes that the implementation of the share repurchase plan is in the best interests of the company and shareholders as a whole, and will create value for shareholders. On August 26, ANTA Group just released its best ever interim performance announcement, with revenue increasing by 13.8% year-on-year to 33.74 billion RMB, further expanding its industry-leading position in the Chinese market. Revenue for ANTA and FILA brands also reached record highs in the first half of the year.