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Is Li a Sino-Japanese joint venture?

No, according to Li Ning's inquiry in official website, Li Ning is a professional sports brand founded by "Prince of gymnastics" Li Ning on 1990. It is the first sporting goods enterprise listed in Hong Kong stock in Chinese mainland, not a Sino-Japanese joint venture. Li Ning Company has perfect brand marketing, R&D, design, manufacturing, distribution and sales capabilities, mainly engaged in professional and leisure sports shoes, clothing, equipment and accessories of Li Ning brand.