Li Ning Limited released the latest operational status announcement on October 22, 2024, reporting the business performance for the third quarter ending on September 30, 2024. The announcement shows a decrease in unit sales of Li Ning brand (excluding LI-NING YOUNG) retail turnover for the year, with a high double-digit decrease in offline channels, a decrease in unit sales in direct-operated retail channels, and a high double-digit decrease in franchise dealer channels. In contrast, the e-commerce virtual store business recorded a mid-double-digit growth. As for the number of sales points, the Li Ning brand added a net of 42 sales points to reach 6281, while LI-NING YOUNG added a net of 21 sales points to reach 1459. The announcement reminds shareholders and potential investors that the disclosed operational data has not been audited and may be subject to adjustments.

Li Ning Limited released the latest operational status announcement on October 22, 2024, reporting the business performance for the third quarter ending on September 30, 2024. The announcement shows a decrease in unit sales of Li Ning brand (excluding LI-NING YOUNG) retail turnover for the year, with a high double-digit decrease in offline channels, a decrease in unit sales in direct-operated retail channels, and a high double-digit decrease in franchise dealer channels. In contrast, the e-commerce virtual store business recorded a mid-double-digit growth. As for the number of sales points, the Li Ning brand added a net of 42 sales points to reach 6281, while LI-NING YOUNG added a net of 21 sales points to reach 1459. The announcement reminds shareholders and potential investors that the disclosed operational data has not been audited and may be subject to adjustments.