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  "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 slide uses a news clipping from 2003 to demonstrate that an individual claimed to be merely a 'distributor' was actually a high-level employee of a subsidiary.",
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      "kind": "callout",
      "text": "The original statement made in the prospectus that 'save for their role as distributors... Mr. Su Weiqing or Ms. Wang Shuying having no relationship with our Group... is clearly contradicted by representations to the media and the information in the SAIC files.",
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      "text": "The original statement made in the prospectus that “save for their role as distributors… Mr. Su Weiqing or Ms. Wang Shuying having no relationship with our Group, our Directors or senior management, our shareholders or their respective associates aside from being a distributor” is clearly contradicted by representations to the media and the information in the SAIC files.",
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      "text": "Photograph of Su Weiqing at a press conference",
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      "kind": "paragraph",
      "text": "Translation: On November 20, 2003, Beijing, the leading domestic new media... company Sohu... and the country's leading sports brand, ANTA (China) Co., Ltd., held a grand press conference.",
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      "kind": "paragraph",
      "text": "ANTA (China) is a wholly owned subsidiary of the ListCo. As such, Mr. Su Weiqing had been and continued to work both for the Ding families as their ANTA (Fujian) Shoes Industry Beijing Branch sales office representative and as an employee at their future ListCo's subsidiary, ANTA (China) Co., Ltd.",
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      "kind": "quote",
      "text": "“save for their role as distributors… Mr. Su Weiqing or Ms. Wang Shuying having no relationship with our Group, our Directors or senior management, our shareholders or their respective associates aside from being a distributor” — ANTA Prospectus",
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      "text": "42 ANTA Prospectus, p. 15; 43 ANTA Prospectus, p. 87",
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      "kind": "title",
      "text": "ANTA (China) Co., Ltd., Beijing Branch General Manager Su Weiqing (Image)",
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