VIVA GOODS (00933) announced that between July 17, 2025, and October 31, 2025 (inclusive), the acquirer (VIVA China Development Limited) purchased an additional 30.65 million shares of LI NING (02331) on the open market through the Stock Exchange, with a total consideration of approximately HKD 509 million (excluding stamp duty and related expenses). The average price per share was around HKD 16.61.

Prior to the acquisition, the acquirer held 319 million shares of LI NING, representing approximately 12.34% of the company's total issued shares as of the announcement date. Following the transaction, the acquirer's stake will increase to 350 million shares, accounting for about 13.53% of LI NING's total issued shares.

LI NING will continue to be one of the group's associated companies post-acquisition, and the group will continue to account for its share of LI NING's profits and losses in its financial statements.