VIVA GOODS Expands Stake in Li Ning with Additional Share Purchase

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Yesterday

VIVA GOODS (00933) announced that on August 27, 2026, its wholly-owned subsidiary, Viva China Development Limited, acquired an additional 38.7575 million shares of Li Ning through open market purchases on the Stock Exchange.

Including this latest transaction, the purchaser has accumulated a total of 83.623 million Li Ning shares through open market acquisitions on the Stock Exchange during the period from October 30, 2025 to August 27, 2026, inclusive of both endpoints.

Prior to this acquisition, the purchaser held 369 million Li Ning shares, representing approximately 14.27% of the total issued share capital of Li Ning as of the announcement date. Following the completion of this acquisition, the purchaser will hold a total of 407.5 million Li Ning shares, representing approximately 15.77% of the total issued share capital of Li Ning as of the announcement date.

After the completion of this acquisition, Li Ning will continue to be one of the group's associates, and the group will continue to recognize its share of Li Ning's profits less losses in its accounts.

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