Anta Products Prices Will Increase By 10% Next Year.

Anta Sports Products Limited released the mid term performance report on 8, 26, which showed that Anta's turnover exceeded RMB 2 billion 200 million yuan in the first half of this year, an increase of more than 50%.

Lai Shixian, chief operating officer of Anta sports, said at the performance meeting that the average selling price of the company is good this year, and there will be a certain price increase next year, reaching 5% to 10%.

According to Anta, in the past 12 months, the company has authorized retail sales from 955 to 5193, and its footwear and clothing products have increased in varying degrees in terms of sales volume and average selling price.

The company will launch two new businesses of children's sporting goods series and fashion shoe stores in the fourth quarter. Lai Shixian said that 100 stores will open at the end of this year, and it is expected that the total business will account for 7% to 8% of the total sales volume by the end of 2010.

Anta expects to invest capital expenditure in production base in the second half of this year, less than 100 million yuan.

Ding Shizhong, chairman of the board of directors of the company, said that orders for the first quarter of next year were completed two months ago, and sales continued to grow well. In addition, Ding Shizhong revealed that because of the large growth of the company, they were looking for the buyers, but there was no specific information to be announced.