LI NING CO LTD

CUSIP: 00B01JCK9 Class: Common Stock - Foreign

Holders for Q4 2025 Position Changes for Q4 2025

Note: Option positions (PUT/CALL) are excluded.

Institution	Shares	Value ($000)
Pacer Advisors, Inc.	360,516	$865
Total (1 institutions)	360,516	$865