Established by Mr. Li Ning, a Chinese gold medalist in the 1984 Olympic Games, Li Ning Company Limited (“Li Ning”, ticker: 2331.HK) is one of the leading sports brand companies in China. Li Ning mainly provides sporting goods including footwear, apparel, equipment and accessories for professional and leisure purposes primarily under the LI-NING Brand. Headquartered in Beijing, Li Ning has brand marketing, research and development, design, manufacturing, distribution and retail capabilities. It has established an extensive supply chain management system and retail distribution network in China.
Milestone Capital participated in a round of equity financing for Li Ning in April 2013.