Anta Wang Meng Champion Flagship Store Held A Grand Opening Ceremony.

On the morning of October 26th,

Wang Meng's champion flagship store held a grand opening ceremony.

Vice mayor Zheng Junqiao and Winter Olympic champion Wang Meng and Li Jianrou attended the ceremony. Zheng Junqiao and Wang Meng jointly unveiled the flagship store.

The Anta Wang Meng champion flagship store has the exclusive authorization of Anta group to sell the special equipment provided by the Anta group to the Olympic Games, the Asian Games and the Youth Olympic Games.

Adhering to the marketing concept of "champion, you can have it", the flagship store will also organize large scale activities for the return of the people in the city.

For many years, Wang Meng, the champion of the Winter Olympic Games, has never forgotten the support and help of her hometown.

It has been Wang Meng's dream to revitalize the local economy with her star effect and popularity and gradually realize the "return feeding" to China's short track speed skating.

The establishment of Anta Wang Meng champion flagship store is another achievement of attracting investment in our city, which has injected new vitality into the economic and social development of our city.

Fund-raising fraud has become a high frequency crime.

In recent years, the "Wu Ying case" and "Ceng Chengjie case" have been concerned by the society.

The two men and the second instance were sentenced to death for the crime of fund-raising fraud. Wu Ying commuted from death sentence to life imprisonment, while Ceng Chengjie was executed.

Whether this crime applies to death penalty has become a hot topic of social concern in recent years.

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Anta Sports

China's State Council recently issued several opinions on accelerating the development of sports industry to promote sports consumption. It said that by 2025, the sports industry system with reasonable layout, perfect functions and various categories had been basically established. Sports products and services were more abundant and market mechanisms continued.

The demand for consumption is more and more vigorous, and the driving effect on other industries is obviously improved. The total scale of sports industry is over 5 trillion yuan, which has become an important force to promote the sustainable development of the economy and society.

The Chinese government's promotion of sports to industry will help stimulate consumption of sports related items and bring more business opportunities to practitioners.

In the Hong Kong listed companies, there are many listed companies engaged in sporting goods business, but their quality is not good and bad. They must be careful when choosing stocks.

It is worth noting that Anta sports (2020) is due to its high ROE, up to 21%, mainly due to its marginal profit higher than 18.1%.

The main business of Anta sports is to manufacture and trade Anta brand sporting goods, and to distribute international brand products including Adidas sporting goods (Adidas) and Reebok (Reebok) brand sporting goods, and sell sporting goods of Kappa brand in Shanghai.

In similar shares, Anta's ROE and marginal profits are at a high level and perform better.

From the valuation point of view, HOSA International's PE and PB are 9.3 times and 2.56 times respectively. Valuations are not very cheap, but due to their marginal profit margins, they are worth noting.

Anta sports's PE and PB are 19.7 times and 4 times respectively. They are not cheap, but the quality of the company is obviously better than that of the same industry, which is the first choice in the industry.