Gelonghui, December 12｜Macquarie stated that among the 9 sporting goods OEMs covered in their research, the revenue from Footwear and Outfits increased by 15% and 10% year-on-year last month. The firm prefers Anta among domestic sports brands in China, and among OEMs, YUE YUEN IND is favored due to its reasonable valuation, followed by Shenzhou, with both rated "Outperform the Market". The firm also indicated that YUE YUEN IND's manufacturing sales grew by 17% year-on-year last month, slowing from October's 21.3%, but still reflects solid client Order momentum. The firm believes that Adidas and other running shoe brands continue to contribute to strong Order growth, as evidenced by their factory inspections in Indonesia and the performance of retailer Footlocker.