ANTA Sports Products : COMPLETION OF THE ISSUANCE OF EURO 1,000,000,000 ZERO COUPON GUARANTEED CONVERTIBLE BONDS DUE 2025

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement. This announcement is for information purposes only and does not constitute an invitation or offer to acquire, purchase or subscribe for the securities of the Company.

ANLLIAN Capital Limited

(Incorporated in the British Virgin Islands with limited liability)

ANTA Sports Products Limited

安 踏 體 育 用 品 有 限 公 司

(Incorporated in the Cayman Islands with limited liability)

(Stock code: 2020)

COMPLETION OF THE ISSUANCE OF EURO 1,000,000,000 ZERO COUPON

GUARANTEED CONVERTIBLE BONDS DUE 2025

Reference is made to the announcement of the Company dated 14 January 2020 regarding the proposed issue of €1,000,000,000 zero coupon guaranteed convertible bonds due 2025 under the General Mandate (the "Announcement"). Unless otherwise stated, capitalised terms and expressions used herein shall have the same meanings as defined in the Announcement.

The Company is pleased to announce that all conditions precedent under the Subscription Agreement have been satisfied and it has completed the issuance of the Bonds in an aggregate principal amount of €1,000,000,000 at the date of this announcement. As provided in the Conditions, the Bonds are convertible into fully paid ordinary shares with a par value of HK$0.10 each in the issued and paid up capital of the Company.

Approval in-principle has been received from the Singapore Stock Exchange for the listing of and quotation for the Bonds on the Official List of the Singapore Stock Exchange. Conditional approval for the listing of the Conversion Shares to be issued upon conversion of the Bonds on the Stock Exchange has been granted by the Stock Exchange.

This announcement does not constitute, or form part of, an offer or invitation, or solicitation or inducement of an offer, to subscribe for or purchase any of the Bonds or other securities of the Company, nor is this announcement circulated to invite offers for any securities of the Company.

By order of the Board

ANTA Sports Products Limited

Ding Shizhong

Chairman

Hong Kong, 5 February 2020

As at the date of this announcement, the executive directors of the Company are Mr. Ding Shizhong, Mr. Ding Shijia, Mr. Lai Shixian, Mr. Wu Yonghua and Mr. Zheng Jie; the non-executive director of the Company is Mr. Wang Wenmo; and the independent non-executive directors of the Company are Mr. Yiu Kin Wah Stephen, Mr. Mei Ming Zhi and Mr. Dai Zhongchuan.