ANTA SPORTS Goods Co., Ltd. signed the "2025 Packaging Materials Supply Agreement" with family directors on December 12, 2024, continuing the existing supply relationship for paper packaging materials until December 31, 2027. The new agreement will replace the "2022 Packaging Materials Supply Agreement," which will expire at the end of 2024.According to the new agreement, family directors and their associates will provide paper packaging materials to ANTA Group on terms no less favorable than independent third-party suppliers. The company expects the annual trade ceilings for 2025 to 2027 to be RMB 120 million, 138 million, and 159 million respectively. These ceilings are based on factors such as past transaction amounts, market prices, and expected demand growth.As family directors are related persons to the company, this trade constitutes a continuing...Show More

ANTA SPORTS Goods Co., Ltd. signed the "2025 Packaging Materials Supply Agreement" with family directors on December 12, 2024, continuing the existing supply relationship for paper packaging materials until December 31, 2027. The new agreement will replace the "2022 Packaging Materials Supply Agreement," which will expire at the end of 2024.According to the new agreement, family directors and their associates will provide paper packaging materials to ANTA Group on terms no less favorable than independent third-party suppliers. The company expects the annual trade ceilings for 2025 to 2027 to be RMB 120 million, 138 million, and 159 million respectively. These ceilings are based on factors such as past transaction amounts, market prices, and expected demand growth.As family directors are related persons to the company, this trade constitutes a continuing connected transaction. Based on the proposed annual ceilings, the applicable percentage calculated annually exceeds 0.1% but is below 5%, therefore it must comply with the reporting, annual review, and announcement requirements of the listing rules, but is exempt from independent shareholder approval. The Board of Directors (excluding family directors) believes the transaction is fair and reasonable, and in the overall interests of the company and shareholders.