Post-95 "Anta Second Generation" Ding Shaoxiang Joins the Board of Arc'teryx's Parent Company

Recently, Amer Sports, the parent company of Arc'teryx, updated its board of directors list, with Ding Shaoxiang, son of ANTA Group's Ding Shizhong, formally joining. On local time October 16, Amer Sports, parent company of Arc'teryx and Salomon, submitted a 6-K filing to the U.S. SEC, announcing board personnel adjustments. Ding Shaoxiang, son of Ding Shizhong, Chairman of the Board of ANTA Group, was appointed as a director, effective immediately. On the same day, former director Tak Yan Tao resigned, and the filing stated that his resignation involved no disagreement with the company's operations or financial matters; ANTA Vice President Lin Wei simultaneously joined Amer Sports' compensation committee. Ding Shaoxiang currently serves as Chairman of Descente China and oversees the MAIA ACTIVE business. The filing only announced personnel adjustments. As of October 19, according to the company's official website, Amer Sports' board of directors consists of 11 members, including directors appointed by ANTA, directors from financial investors, and independent industry directors. "ANTA-affiliated" directors hold 6 seats, including ANTA Sports co-founder and Chairman of the Board Ding Shizhong, ANTA Sports Executive Director and CFO Bi Mingwei, Descente Limited Chairman Ding Shaoxiang, and Zheng Jie, who serves as Amer Sports CEO, among others.