Anta Plunged Into Bribery And Shares Fell Sharply

In this winter, Anta felt cold earlier than other brands.

In December 4th, foreign media reported that Ding Shizhong, chairman of Anta, was involved in the bribery case of Cai Junwei, the former director of the IRS in Quanzhou, China. This led to a sharp fall in share prices and a drop of 14.5% at most. The same day, it fell 7.74% before 10:24 suspension, with a turnover of HK $248 million (about 199 million yuan).

Despite the subsequent denial of the claim, Anta said

There was no business or any other relationship with Cai Junwei. Ding Shizhong also updated his circle of friends and said, "many friends call to take care of you. Thank you again! I am very good. Everyone should come to tea drinking!"

However, Anta's share price has been declining, as of this morning, Anta shares fell 7.7%, to 11.72 yuan, and 20 days ago, Anta's stock price is still around 16 Hong Kong dollars.

Obviously, Cai Junwei's influence on Anta is not over yet.

The decline in stock prices directly reflects investor psychology. They believe that the details and information disclosed by Anta and Ding Shizhong are too few.

According to previous media reports, Ding Shizhong and Cai Junwei have a good personal relationship, but in fact, that may not be the case.

The interface reporters learned from several channels that Cai Junwei was responsible for some of Anta's new investment businesses, such as real estate, before being investigated.

Anta, like many listed companies, has already been involved in the real estate business.

In response to this news, Anta responded that the company's announcement was based on the news, and the company did not disclose further information.

"Small waves, we have no response inside."

An internal employee of Anta said to the interface journalist, "this year, the growth rate is obvious, and the capital market should continue to be recognized."

The sudden trouble made the company set up in 1991 suffered a setback.

In the past many years, Anta has been playing a chasing role. But in recent years, Ding Shizhong has led Anta to become a leader in the face of stock crisis and other domestic brands.

In 2012, Anta surpassed Lining to become the first domestic brand.

More importantly, Anta's cash flow of 5 billion yuan is a good foundation for the future.

Ding Shizhong is a master of business.

The brand, which once declined significantly, has achieved profitability this year after taking over from Anta.

In October of this year, Anta signed a contract with NBA and gained many rights and interests.

Or Adidas.

In the first half of this year, Anta's operating income was 4 billion 120 million yuan, its net profit was 803 million yuan, Lining's income was 3 billion 137 million yuan, and the loss expanded to 586 million yuan.

But Anta and Ding Shizhong must be careful about this.

In the past 20 days in the past, Ding Shizhong has never shown up and has not received any media interviews. What Anta can do is to continue to "rumor".

"The boss's vision directly determines one.

The problems should be over soon.

The Anta insider said.

At the close, Anta's shares rose 0.32%, while Anta shares fell deeper than 9% this morning.