The Group established its own sportswear brand XTEP in 2002 and XTEP is now a leading professional sports brand in the PRC. The Group manages an extensive distribution network with exclusive distributors that operates approximately 6,000 stores nationwide covering 31 provinces, autonomous regions and municipalities across the PRC. The Group is principally engaged in design, development, manufacturing, sales and marketing and brand management of sports footwear, apparel and accessories. The Company’s Shares commenced trading on the Main Board of Hong Kong Stock Exchange on 3 June 2008.