Anta Sports Posts Record Net Profits for 2016

The transcript discusses the company's financial success, highlighting record revenue and profit growth since its IPO. It emphasizes the importance of brand building through sponsorships, particularly with the Chinese Olympic Committee. The company is focused on expanding its brand portfolio through acquisitions and joint ventures, aiming to cover various market segments in China. Investments in technology and international design talent are also key strategies to enhance product offerings and capitalize on increasing consumer spending power.

What was the growth in net profit reported by the company?

• 30%

• 25%

• 17%

• 10%

What is the company's budget for advertising and promotion as a percentage of revenue?

• 10%

• 12%

• 14%

• 16%

Which recent joint venture did the company sign?

• American company

• Korean company

• Japanese company

• Indian company

What is the company's ultimate goal in the sportswear market in China?

• To become the largest sportswear company

• To become the most innovative sportswear company

• To become the most affordable sportswear company

• To become the most sustainable sportswear company

What approach is the company using to cover different segments of the market?

• Wholesale approach

• Direct-to-consumer approach

• Multi-brand, omni-channel approach

• Single-brand approach