Li Ning is a professional sports brand founded by "Prince of Gymnastics" Mr. Li Ning in 1990. Li Ning has a comprehensive capability in research and development, design, manufacturing, marketing, brand promotion, distribution, and retail operations. The company primarily focuses on professional and casual sports shoes, apparel, equipment, and accessories under the Li Ning brand. It has established a leading all-encompassing sales network and a robust supply chain management system, continually making strides and breakthroughs in the e-commerce ecosystem and digitalization. The company successfully went public in Hong Kong in June 2004 (stock code: 02331.HK), becoming the first sports goods enterprise from mainland China to be listed on the Hong Kong stock market.