FORM 3A - Director/Chief Executive Notice - Interests in Shares of Listed Corporation
 
Form Serial Number: DA20251209E00261
1. Date of relevant event: 04/12/2025
(dd/mm/yyyy)
2. Date when director became aware of the relevant event/ interest in the shares (if later):
(dd/mm/yyyy)
3. Stock code: 02331
4. Name of listed corporation: Li Ning Co. Ltd. 
5. Class of shares: Ordinary Shares 
6. Number of issued shares in class: 2,584,811,005
7. Name of director (English) as printed on HKID Card/Passport:
(Surname) Li
(Other names) Ning
10. Name of director (Chinese): 李寧 
11. Chinese Character Code as printed on HKID Card: 26211337
 
24. Details of relevant event:
  Brief description of relevant event Capacity in which shares were/are held Number of shares bought/sold or involved Currency of transaction On Exchange Off Exchange
Before relevant event After relevant event Highest price (per share) Average price (per share) Average consideration (per share) Consideration code
Long position 
1101The number of shares in which you are interested has increased because:
you purchased the shares
 
2201Interest of corporation controlled by you
 
 
12,704,500  HKD      16.7795 
3101Cash
 
Short position 
 
 
 
           
 
25. Total shares in listed corporation immediately before the relevant event:
 Total number of sharesPercentage figure (%)
Long position363,751,51614.07
 
26. Total shares in listed corporation immediately after the relevant event:
 Total number of sharesPercentage figure (%)
Long position376,456,01614.56
 
27. Capacity in which interests disclosed in Box 26 are held:
Code describing capacityNumber of shares
2201Interest of corporation controlled by you
Long position362,321,043
2101Beneficial owner
Long position14,134,973
 
28. Further information in derivative interests in listed corporation :
Derivatives code Exercise period (dd/mm/yyyy) Consideration - if derivatives granted by listed corporation Number of shares
  BeginsEndsCurrencyPrice for grantCurrencyExercise priceCurrencyPrice on assignment 
Long position
4108Unlisted derivatives - Other (you must describe the category of derivatives in the Supplementary Information box)
01/04/202301/04/2026      579,120
Long position
4108Unlisted derivatives - Other (you must describe the category of derivatives in the Supplementary Information box)
01/04/202601/04/2029      4,419,900
Long position
4108Unlisted derivatives - Other (you must describe the category of derivatives in the Supplementary Information box)
01/09/202601/09/2026      2,765,600
Long position
4108Unlisted derivatives - Other (you must describe the category of derivatives in the Supplementary Information box)
01/09/202630/06/2031HKD1.00HKD16.140  1,944,200
 
29. Further information in relation to interests of children under 18 and/or spouse:
Child/SpouseName of child/spouseNumber of shares
 
 
30. Further information in relation to interests of corporations controlled by Director:
Name of controlled corporationAddress and place of incorporationName of controlling person% controlDirect interest (Y/N)Number of shares
PALM Assets Holdings LimitedPalm Grove House, P.O. Box 438, Road Town, Tortola, VG1110, British Virgin IslandsTMF (Cayman) Ltd.100.00N
Long position0
Ace Leader Holdings LimitedPortcullis Chambers, 4th Floor, Ellen Skelton Building, 3076 Sir Francis Drake Highway, Road Town, Tortola, British Virgin IslandsPALM Assets Holdings Limited100.00N
Long position0
Lead Ahead LimitedPalm Grove House, P.O. Box 438, Road Town, Tortola, British Virgin IslandsAce Leader Holdings Limited100.00N
Long position0
Viva Goods Company Limited4th Floor, Harbour Place, 103 South Church Street, P.O. Box 10240, Grand Cayman KY1-1002, Cayman IslandsAce Leader Holdings Limited13.09N
Long position362,321,043
Viva Goods Company Limited4th Floor, Harbour Place, 103 South Church Street, P.O. Box 10240, Grand Cayman KY1-1002, Cayman IslandsLead Ahead Limited21.40N
Long position362,321,043
Viva Goods Company Limited4th Floor, Harbour Place, 103 South Church Street, P.O. Box 10240, Grand Cayman KY1-1002, Cayman IslandsLi Ning0.22N
Long position362,321,043
Viva China Development LimitedCraigmuir Chambers, Road Town, Tortola, VG 1110, British Virgin lslandsViva Goods Company Limited100.00Y
Long position362,321,043
 
31. Further information in relation to interests held by Director jointly with another person:
Name of joint shareholderAddressNumber of shares
 
 
32. Further information from a director who is a trustee, or beneficiary of a trust, or a person who has set up a Discretionary Trust:
Names of TrustAddressStatus codeNumber of shares
(Private)Addresses of individuals are not displayed.
5103Founder of a discretionary trust who can influence how the trustee exercises his discretion
Long position362,321,043
 
33. Further information from a party to an agreement under Section 317 (Please see Notes for further information required):
Names of other partiesAddressNumber of shares
 
Total number of shares in which a director is interested under sections 317 and 318
 
34. Supplementary information: 1. (Box 28) 4108 - Restricted Shares and Share Options
35. Log/Serial Number of the previous form:
36. Number of concert party document(s) under section 317 attached/uploaded:
Date of filing this Form 3A: 09/12/2025
(dd/mm/yyyy)