Shoe Companies Pay Attention To Anta'S Acquisition.

Recently, Anta sports, which has listed 1st anniversary, has also drawn a larger parabola with the decline of the market.

"The company is not surprised by the performance of the stock price. It is consistent with the development of the company."

A few days ago, Lai Shixian, executive director and chief operating officer of Anta company, told the first financial daily that Anta's performance at any time is better than the overall level of the capital market. At present, the share of Xingang stock listed in the last year is still in the top 10.

In July 10th last year, Anta listed on the main board of Hong Kong, with an annual turnover of 3 billion 182 million yuan, an increase of over 150% and a net profit of 537 million yuan, up 260% from the same period last year.

Since then, the share price has been as high as 12.2 Hong Kong dollars, but as of July 10th this year, the stock price has closed to HK $5.66, which has been cut off from the highest point.

Lai Shixian believes that the current international and domestic environment has led to the rising cost of enterprises and the loss of profits. This makes the enterprises with poor management and cost control ability in trouble, but it is not a bad thing for Anta.

He said that the most brutal period of the survival environment of the industry is the acceleration period of the industry integration era. Anta, holding large amounts of cash, is waiting for the opportunity to buy and merge.

Before, Anta CEO Ding Shizhong has said that it will pick the world's top 15 sporting goods companies.

But when interviewed by reporters on that day, Lai Shixian still did not disclose the specific targets and contents of the takeover. He only said that the acquisition was still continuing and that several target enterprises had been locked. After the completion of the acquisition, Anta would have a high-end international brand and a subdivision shoe brand at the same time.

Quanzhou has recently invited Anta to invest in the petrochemical industry. For this reason, Lai Shi Hsin clarified that Anta would not intervene in such heavy asset pricing projects with long construction cycles.