Li Ning (02331) announced that (i) on January 18, 2026, Li Ning (China), an indirect wholly-owned subsidiary of the company, subscribed for a structured deposit from China Guangfa Bank with a principal amount of RMB 700 million; (ii) on January 19, 2026, Li Ning (Beijing), an indirect wholly-owned subsidiary of the company, subscribed for a Bank of China Structured Deposit I with a principal amount of RMB 260 million; (iii) on the same day, Li Ning (Beijing) subscribed for a Bank of China Structured Deposit II with a principal amount of RMB 240 million; (iv) on January 21, 2026, Shanghai Li Ning, an indirect wholly-owned subsidiary of the company, subscribed for a Bank of China Structured Deposit III with a principal amount of RMB 500 million; and (v) on January 26, 2026, Li Ning Kids Wear, an indirect wholly-owned subsidiary of the company, subscribed for a structured deposit from China Merchants Bank with a principal amount of RMB 200 million.
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