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Li-Ning is owned by Li Ning Company Limited, headquartered in China. No. The ultimate owner of Li-Ning, Li Ning Company Limited, is headquartered in China, not in the United States.
Li-Ning Company Limited is a leading Chinese athletic company that designs, develops, manufactures, and markets footwear, apparel, equipment, and accessories for professional and leisure sporting use.
Sources: en.wikipedia.org, ir.lining.com
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