Li Ning: In the second quarter, Li Ning's sales outlets recorded a low single-digit decline in retail revenue on the entire platform compared to the previous year.

On July 15, Li Ning announced on the Hong Kong Stock Exchange that for the second quarter ending on June 30, 2026, the retail revenue of Li Ning's sales points recorded a low single-digit decrease year-on-year across the entire platform. In terms of channels, the offline channels recorded a low single-digit decrease, with the retail channel recording a low single-digit decrease and the wholesale channel recording a medium single-digit decrease; the e-commerce virtual store business recorded a medium single-digit increase.