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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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  "documentKindLabel": "Research note",
  "sourceTypeSlug": "short_seller",
  "sourceTypeLabel": "Short seller",
  "presentationDate": "2019-07-08 00:00:00",
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  "pageNumber": 39,
  "pageCount": 92,
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  "notes": "The slide highlights a discrepancy between public corporate records and ANTA's official prospectus, suggesting undisclosed related-party relationships.",
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      "text": "This contasts with the ANTA Prospectus description of Mr. Hong Yanqing as an independent third party; likewise, it suggests that the two Wus are Anta managers, not independent distributors.",
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      "text": "In a 2017 news announcement of a partnership between the Anta Group and a large Shandong shopping mall developer, Mssrs. Wu Zengqiang, Hong Yanqing, and Wu Weixin represented ANTA. In the article below, Wu Zengqiang was identified as the Chairman of the ANTA Shandong Branch; Hong Yanqing as its General Manager; and, Wu Weiqing as its Deputy General Manager. This contasts with the ANTA Prospectus description of Mr. Hong Yanqing as an independent third party; likewise, it suggests that the two Wus are Anta managers, not independent distributors.",
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      "text": "66 http://www.sohu.com/a/136149119_498601 67 Anta Prospectus, p. 84",
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      "text": "Shareholder list showing Lin Sankuang, Wu Zengqiang, and Hong Yanqing.",
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      "text": "Corporate registration details including legal representative, establishment date, and capital.",
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      "kind": "title",
      "text": "Jinan Anchuang Trading Co.",
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