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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549 |
SCHEDULE 13G
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UNDER THE SECURITIES EXCHANGE ACT OF 1934
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(Amendment No. 2)
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Amer Sports, Inc. (Name of Issuer) |
Ordinary shares, par value EUR 0.0300580119630888 per share (Title of Class of Securities) |
G0260P102 (CUSIP Number) |
03/31/2025 (Date of Event Which Requires Filing of this Statement) |
| Check the appropriate box to designate the rule pursuant to which this Schedule is filed: |
 Rule 13d-1(b)
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| Rule 13d-1(c)
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 Rule 13d-1(d)
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SCHEDULE 13G
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| CUSIP No. | G0260P102 |
| 1 | Names of Reporting Persons
HSBC Holdings plc | ||||||||
| 2 | Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
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| 3 | Sec Use Only | ||||||||
| 4 | Citizenship or Place of Organization
UNITED KINGDOM
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| Number of Shares Beneficially Owned by Each Reporting Person With: |
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| 9 | Aggregate Amount Beneficially Owned by Each Reporting Person
232,365,782.00 | ||||||||
| 10 | Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
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| 11 | Percent of class represented by amount in row (9)
42 % | ||||||||
| 12 | Type of Reporting Person (See Instructions)
HC |
Comment for Type of Reporting Person: Percent based on a total of 553,631,196 ordinary shares outstanding as of December 31, 2024 as shown in Schedule 20-F filed by Amer Sports, Inc. on March 07, 2025.
SCHEDULE 13G
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| Item 1. | |
| (a) | Name of issuer:
Amer Sports, Inc. |
| (b) | Address of issuer's principal executive offices:
Konepajankuja 6, Helsinki, H9 |
| Item 2. | |
| (a) | Name of person filing:
HSBC Holdings plc |
| (b) | Address or principal business office or, if none, residence:
8 Canada Square, London E14 5HQ, United Kingdom |
| (c) | Citizenship:
Incorporated in England with limited liability |
| (d) | Title of class of securities:
Ordinary shares, par value EUR 0.0300580119630888 per share |
| (e) | CUSIP No.:
G0260P102 |
| Item 4. | Ownership |
| (a) | Amount beneficially owned:
232,365,782 |
| (b) | Percent of class:
42% |
| (c) | Number of shares as to which the person has:
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| (i) Sole power to vote or to direct the vote:
232,365,782 | |
| (ii) Shared power to vote or to direct the vote:
0 | |
| (iii) Sole power to dispose or to direct the disposition of:
232,365,782 | |
| (iv) Shared power to dispose or to direct the disposition of:
0 | |
| Item 5. | Ownership of 5 Percent or Less of a Class. |
| Item 6. | Ownership of more than 5 Percent on Behalf of Another Person. |
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
HSBC International Trustee Limited ("HKIT") manages (i) DSJ Family Trust, which owns 100% of Allwealth Assets Limited, which owns 100% of Talent Trend Investment Limited, which owns 33.52% of Anta International Group Holdings Limited and 0.036% of Anta Sports Products Limited ("Anta Sports"); (ii) DSZ Family Trust, which owns 100% of Top Bright Assets Limited, which owns 100% of Shine Well (Far East) Limited, which owns 34.06% of Anta International Group Holdings Limited and 0.336% of Anta Sports; and (iii) certain other family trusts, which own minority interests in Anta International Group Holdings Limited amounting to 29.71% in the aggregate.
Anta International Group Holdings Limited directly owns 42.79% of Anta Sports, and it also has indirect ownership of Anta Sports by owning 100% of Anda Holdings International Limited, which owns 5.73% of Anta Sports, and owning 100% of Anda Investments Capital Limited, which owns 4.11% of Anta Sports.
Anta Sports owns 100% of Anllian Sports Products Limited, which directly owns Ordinary Shares; and Anta Sports also owns 100% Anllian Holdings Limited, which owns 100% of Anllian Holdco (BVI) Limited which directly owns Ordinary Shares.
HKIT also manages Sunyoung Trust, which owns 100% of Newsun Capital Limited which directly owns Ordinary Shares.
HKIT has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Ordinary Shares covered by this Statement that may be deemed to be beneficially owned by the Reporting Person. Such interests of Amer Sports, Inc. relate to more than 5 percent of the class of Ordinary Shares. HKIT is an indirect, wholly owned subsidiary of HSBC Holdings plc.
HSBC Bank plc ("HBEU") in its normal course of business holds 0.002% Ordinary Shares (of the total reportable holdings) in Rights of Use Unexercised capacity and can utilize the shares as per the client's contractual arrangement. HBEU is a wholly owned subsidiary of HSBC Holdings plc. | |
| Item 7. | Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person. |
If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.
Anllian Sports Products Limited, Anllian Holdco (BVI) Limited, Newsun Capital Limited, HSBC Bank plc | |
| Item 8. | Identification and Classification of Members of the Group. |
Not Applicable
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| Item 9. | Notice of Dissolution of Group. |
Not Applicable
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| Item 10. | Certifications: |
Not Applicable
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| SIGNATURE | |
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
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