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This is a standard legal disclaimer page for an investment research firm.ANTA Sports Products Limited (2020.HK) · Carson C. Block
Research note Short seller 1 hit
10
The slide uses a screenshot from a Chinese corporate registry (TianYanCha) to verify the identity and associations of Wang Huayou.ANTA Sports Products Limited (2020.HK) · Carson C. Block
Research note Short seller Beat · Expose Contradiction1 hit
11
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.ANTA Sports Products Limited (2020.HK) · Carson C. Block
Research note Short seller Beat · Expose Contradiction1 hit
15
The document shows the transition of the Legal Representative from Lin Lisui to Lin Aimin in July 2017.ANTA Sports Products Limited (2020.HK) · Carson C. Block
Research note Short seller Beat · Expose Contradiction1 hit
16
The slide uses a scanned document (likely an ID or employment record) to prove that Ding Qingliang was employed by ANTA (China) Ltd. during a period the company claimed he was working elsewhere.ANTA Sports Products Limited (2020.HK) · Carson C. Block
Research note Short seller Beat · Expose Contradiction1 hit
18
The document includes a company stamp from Guangzhou Anda, confirming the authenticity of the employment details.ANTA Sports Products Limited (2020.HK) · Carson C. Block
Research note Short seller Beat · Expose Contradiction1 hit
20
Includes images of an ID card and an SAIC registration change notice.ANTA Sports Products Limited (2020.HK) · Carson C. Block
Research note Short seller Beat · Expose Contradiction1 hit
21
Includes a screenshot of a government filing portal as evidence of the distributor's lack of independence.ANTA Sports Products Limited (2020.HK) · Carson C. Block
Research note Short seller Beat · Expose Contradiction1 hit
22
The slide uses a photo and a quote from a media source to link an individual to ANTA management, supporting an investigation into corporate control.ANTA Sports Products Limited (2020.HK) · Carson C. Block
Research note Short seller Beat · Expose Contradiction1 hit
23
The slide includes photographic evidence of the company's office location in Excellence City, Shenzhen, alongside a dialogue transcript.ANTA Sports Products Limited (2020.HK) · Carson C. Block
Research note Short seller Beat · Expose Contradiction1 hit
25
The slide documents a forensic investigation into a distributor's website, highlighting a link to an internal email directory.ANTA Sports Products Limited (2020.HK) · Carson C. Block
Research note Short seller Beat · Expose Contradiction1 hit
27
The slide presents investigative findings regarding proxy networks, specifically highlighting connections between Anta executives and distributor personnel.ANTA Sports Products Limited (2020.HK) · Carson C. Block
Research note Short seller Beat · Expose Contradiction1 hit
28
Includes a screenshot of a Wayback Machine capture of an Outlook Web App login page, likely used to imply a shared IT infrastructure or connection.ANTA Sports Products Limited (2020.HK) · Carson C. Block
Research note Short seller Beat · Expose Contradiction1 hit
29
The slide uses a screenshot of a Chinese government enterprise credit website with English annotations added to explain the fields.ANTA Sports Products Limited (2020.HK) · Carson C. Block
Research note Short seller Beat · Expose Contradiction1 hit
30
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.ANTA Sports Products Limited (2020.HK) · Carson C. Block
Research note Short seller Beat · Expose Contradiction1 hit
31
The slide uses corporate registration documents to expose the relationship between the Chairman's cousin (Lin Sankuang) and the company's ownership history.ANTA Sports Products Limited (2020.HK) · Carson C. Block
Research note Short seller Beat · Expose Contradiction1 hit
35
The slide features a photo of the team, a descriptive paragraph about the expedition, and a direct quote from a company executive.ANTA Sports Products Limited (2020.HK) · Carson C. Block
Research note Short seller Beat · Expose Contradiction1 hit
37
Includes a photo of a meeting, a Chinese text excerpt, and an interview transcript snippet regarding Su Weiqing and the Beijing subsidiary.ANTA Sports Products Limited (2020.HK) · Carson C. Block
Research note Short seller Beat · Expose Contradiction1 hit
40
The slide uses a news clipping about a strategic partnership to contrast with the investigative finding that two supposedly distinct distributors share identical recruitment profiles and potentially misleading establishment dates.ANTA Sports Products Limited (2020.HK) · Carson C. Block
Research note Short seller Beat · Expose Contradiction1 hit
41
The company descriptions are identical, suggesting they are the same entity or closely linked under the same management.ANTA Sports Products Limited (2020.HK) · Carson C. Block
Research note Short seller Beat · Expose Contradiction1 hit
42
The slide uses screenshots from a corporate registry tool (likely Tianyancha) to highlight overlapping contact details (phone numbers and emails) between Jinan Ruili and Jinan Anchuang.ANTA Sports Products Limited (2020.HK) · Carson C. Block
Research note Short seller Beat · Expose Contradiction1 hit
43
The slide uses SAIC filing documents and anecdotal evidence from former managers to argue that Jinan Ruili and Zhengzhou Anfa are de facto subsidiaries of Anta.ANTA Sports Products Limited (2020.HK) · Carson C. Block
Research note Short seller Beat · Expose Contradiction1 hit
46
Includes a screenshot of the National Enterprise Credit Information Publicity System for Zhengzhou Anfa Sporting Goods Co., Ltd. and a transcript of an interview with former ANTA senior managers.ANTA Sports Products Limited (2020.HK) · Carson C. Block
Research note Short seller Beat · Expose Contradiction1 hit
47
The slide uses a screenshot of a Weibo profile to link a specific individual to a distributor, supporting the argument of hidden related-party transactions.ANTA Sports Products Limited (2020.HK) · Carson C. Block
Research note Short seller Beat · Expose Contradiction1 hit
48
The slide highlights a contradiction between the 'independent' status of a buyer and their actual role as a director of the ListCo's channel management.ANTA Sports Products Limited (2020.HK) · Carson C. Block
Research note Short seller Beat · Expose Contradiction1 hit
07
The slide uses a primary source document (shareholder resolution) to expose a corrupt transaction and asset theft.ANTA Sports Products Limited (2020.HK) · Carson Block
Research note Short seller Beat · The MonsterLoop · The Reveal1 hit
08
Includes business registration info, shareholder list, and key personnel.ANTA Sports Products Limited (2020.HK) · Carson Block
Research note Short seller Beat · The StruggleLoop · Expert Witness1 hit
09
Includes a company seal and handwritten date/signature.ANTA Sports Products Limited (2020.HK) · Carson Block
Research note Short seller Beat · The StruggleLoop · Expert Witness1 hit
12
This is a scan of a legal document with English translations overlaid on the original Chinese text.ANTA Sports Products Limited (2020.HK) · Carson Block
Research note Short seller Beat · The Victory1 hit
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Includes official government chop and registration details.ANTA Sports Products Limited (2020.HK) · Carson Block
Research note Short seller Beat · The Victory1 hit