Li Ning Company Limited reported sales results for the third quarter ended September 30, 2019. For the quarter, the company announced in respect of LI-NING POS (exclude LI-NING YOUNG) which have been in operation since the beginning of the same quarter last year, the same-store-sales (SSS) for the overall platform registered a high-teens increase on a year-on-year basis. In terms of channels, retail (direct operation) and wholesale (franchised distributors) registered a low-teens growth respectively, while the e-commerce virtual stores business registered a mid-fifties growth. The retail sell-through of LI-NING POS (exclude LI-NING YOUNG) for the overall platform increased by low-thirties on a year-on-year basis. In terms of channels, offline channel (include retail and wholesale) registered a high-twenties growth, with retail increased by mid-teens and wholesale increased by mid-thirties; the e-commerce virtual stores business registered a low-fifties growth.