Li Ning and HongShan form joint venture for international brand expansion

Li Ning Co. Ltd. and HongShan Venture entered into a subscription and shareholders' agreement to form a joint venture in the British Virgin Islands. The JV will develop and operate the Li Ning brand business exclusively in overseas markets, with total share capital of HK$200 million.

“Li Ning Co. Ltd. together with the subsidiaries announced today that LN Co. entered into the Subscription and Shareholders’ Agreement with founder company, HongShan Venture.”textileworld.com

• 1 source
• textileworld.comLi Ning Partners With Hongshan To Establish A Joint Venture | Textile WorldJim BornemanOct 22, 2024

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