The annual revenue of the company toppled 53.65 billion yuan, with a year-on-year growth of 8.8%. After breaking 10 billion yuan in 2015, it took 7 years to achieve a leap from 10 billion yuan to 50 billion yuan, with an annual compound growth rate of more than 25%. It has been ranked first among China's sports goods enterprises for 11 consecutive years, and is also in a leading position in the entire Chinese sports shoe wear market.
With Adidas China falling behind, the competition pattern of the leading companies in China's sneaker wear market has also changed. Anta and Nike are in the first camp, Li Ning and Adidas are tied for the second tier.
