The Board of Directors of Li Ning Company Limited announced the appointment of Mr. Zhao Dong Sheng as Chief Financial Officer effective 1 August 2022. As the Chief Financial Officer, Mr. Zhao will head the Finance Department and assume full responsibility for the financial and treasury functions of the Company as well as investor relations. Mr. Zhao, aged 50, has over 24 years of experience in the fast-moving consumer goods industry.

He previously worked for Swire Coca-Cola (China) Co. Ltd. as the Finance General Manager. He is a Senior Accountant of the People's Republic of China, a fellow member of Certified Practising Accountant in Australia, a Chartered Global Management Accountant and a fellow member of the Chartered Institute of Management Accountants.

Mr. Zhao holds a Master of Accounting from Jiangxi University of Finance and Economics and a Master of Business Administration from China Europe International Business School.