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  "docSlug": "4e8802588ba6",
  "documentTitle": "ANTA Sports Products Limited (2020.HK)",
  "authorId": "51_Muddy_Waters",
  "authorName": "Carson C. Block",
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  "sourceTypeSlug": "short_seller",
  "sourceTypeLabel": "Short seller",
  "presentationDate": "2019-07-08 00:00:00",
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  "notes": "The top half is a screenshot of a recruitment page for 'Jinjiang Yundong Business Consulting Co., Ltd.', which the author links to the Peng brothers and ANTA's distribution network.",
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      "text": "We have Smoking Gun evidence that ANTA secretly controls a significant portion of its Tier 1 distributors.",
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      "text": "Recruitment page for Jinjiang Yundong Business Consulting Co., Ltd.",
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      "kind": "list",
      "text": "Beijing Jiyuan, Zhengzhou Anfa, Jinan Ruili",
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      "text": "We have Smoking Gun evidence that ANTA secretly controls a significant portion of its Tier 1 distributors. The following shows a paper trail evidencing the network that controls 27 distributors, at least 25 of which appear to be Tier 1.",
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      "text": "ANTA 2018 ESG Report, p. 38.",
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