Baoshilong International Group Limited (the “Company”; Hong Kong Stock Exchange Limited's stock code (“Stock Code”): 592) and its subsidiaries (“Group” or “Baoshilong”) are well-known clothing brand owners, retailers and franchisees in the region. Baoshilong is headquartered in Hong Kong, China. Since opening its first retail store in 1987, after more than 30 years of rapid development, it has established a huge international operating platform and distribution network. The Group has a total of 519 stores worldwide, of which 168 retail stores located in Hong Kong, China, Macau, Mainland China and Singapore are directly managed by the Group. In overseas markets, the Group has formed alliances with business partners and has 351 export franchise stores, distributed in 13 countries including Southeast Asia, South Asia, the Middle East and East Africa. The clothing products supplied by Baoshilong include men's, women's and children's collections. The products are designed to meet the needs of different customers, and are famous in markets around the world for their strong compatibility and satisfaction.