Li Ning used to be the first, and it was the first sports brand in China from its establishment to the period of 20 10. Later, because the company wanted to internationalize, it changed its LOGO and became Li Ning, who was born in the 1990s. It has made strategic mistakes, losing money year after year, with a cumulative loss of more than 3 billion, which has been surpassed by Anta, which is more pragmatic and enterprising. Now Anta is the first sports brand in China.