• Viva Goods secured written shareholder approval for purchases of 149,026,000 Li Ning shares, raising its stake from 12.53% to 18.3%.
• The purchases, completed between October 30, 2025, and September 4, 2026, cost HK$ 2.15 billion, excluding transaction expenses.
• A further 19,231,000 shares acquired on September 7, 2026, cost HK$ 263.74 million.
• The holding reached 19.33% by October 21, 2026, with Li Ning remaining an associate.
• External financing funded the purchases, which support long-term investment returns, dividend income and closer business ties.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Viva Goods Co. Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20261023-12381003), on October 23, 2026, and is solely responsible for the information contained therein.