Anta Group secured the usage rights for the 2024P12 land plot in Xiamen’s Huli District for 980 million RMB ($133 million) on December 10. The plot, located in the Huli Sports Park area at the southwest intersection of Jinbian Road and Wuyuan Bay Road, covers an area of approximately 101,000 sqm with a total building area of 225,000 sqm. Anta plans to use the plot to build its new Xiamen operations center and the “Anta Sports Park” project, with a total planned investment of 4 billion RMB ($550 million). The project will feature a headquarters and park and will become the largest Anta Sports Park on Xiamen Island.