Viva Goods Company Limited (933) disclosed additional purchases of Li Ning Company Limited (2331) shares on the open market. From 17 July 2025 to 31 October 2025, a total of 30,646,500 shares were acquired at an aggregate consideration of approximately HK$508.919 million, representing an average price of about HK$16.61 per share.

These further acquisitions raise the acquirer’s total interest in Li Ning from 12.34% to 13.53% of the issued shares. The transactions constitute a discloseable transaction under the Listing Rules, as one of the applicable percentage ratios exceeds 5% but remains below 25%. Li Ning Company Limited remains an associated company of Viva Goods following the transaction.

According to Li Ning’s audited financial results for the year ended 31 December 2024, the company achieved a profit after taxation of RMB3.013 billion. Upon completion, the additional share acquisitions were settled in cash through external financing, and Li Ning continues to be treated as one of Viva Goods’ associated enterprises.