About CN ANCHU ENERGY Company

China Hudu Holdings Co., Ltd. (“Hudu”) (stock code: 2399) is one of China's leading menswear companies, focusing on the design, procurement, production and sale of menswear products under its own brand. Hudu enjoys strong brand recognition and a leading and growing market share in the high-end menswear market, which is the fastest growing in the menswear industry. According to Frost & Sullivan's data, in terms of retail sales in 2013, Hudu ranked sixth in the middle and high-end menswear market, enjoying 2.9% of the market share. The middle and high-end menswear market accounts for 30.4% of China's overall menswear market; it ranked fifth in the middle and high-end business casual menswear division and the middle and high-end business casual menswear division. The company's main product, men's pants, occupies a leading position in the market, accounting for 3.0% of the market share in 2013, ranking second. After more than 20 years of development, Hudu has been widely recognized in the industry and has won many awards. For example, “Hudu” was awarded the “Quality Award” by the China Fashion Association in 2014, the “Asian Famous Brand Award” and “Top 500 Asian Brands” by the Asian Brand Festival, the “Asia (Industry) Top Ten Credible Brands” at the Asian Brand Festival in 2012, and the “Top 500 Asian Brands” by the Brand China Industry Alliance in 2010. Since January 2010, it has been named “China's Famous Trademark” by the China Textile Industry Association. 500 “Strong” was rated as “Top Ten Menswear Brands” by the Brand China Industry Alliance in 2009 and was rated as a “Customer Satisfaction Product” by the China Quality Association, and “China's Famous Brand Product” by the General Administration of Quality Supervision, Inspection and Quarantine in 2007. As of June 30, 2015, our design and product development team consists of 134 members, including designers, production technicians, and other support personnel. The main members responsible for planning, implementation, supervision and management of design and product development have an average of 10 years of experience in the fashion industry. Hudu's strong and experienced internal team conceives each season's product line through an interactive process, and regularly attends domestic and international fashion fairs and travels to leading fashion countries such as France, Italy, Japan, and South Korea to keep up with fashion trends. Hudu has obtained a number of important patents for tops, model devices, and (in particular) pants, confirming its strong design and product development capabilities. The “Hudu” brand has a wide distribution network throughout the country. As of June 30, 2015, Hudu has entered more than 1,494 retail stores across the country through 57 distributors and 191 second-level distributors, spread across more than 240 cities and 31 provinces, autonomous regions and municipalities directly under the Central Government in China. Meanwhile, Hudu has two self-operated retail stores in Quanzhou, Fujian Province, to show distributors and second-level distributors the store's environmental standards. Hudu holds product fairs twice a year to showcase upcoming spring/summer and autumn/winter product lines to current and potential distributors as well as their second-tier distributors.