China Trends (Group) Limited (“China Trends” or the “Company”, Hong Kong Stock Exchange Listing Number: 3818, together with its subsidiary “Group”) is a leading international sportswear brand enterprise in China. The Group is mainly engaged in the design, development, marketing and distribution of branded sportswear. Since May 30, 2006, China Trends has been all equity holders of the internationally renowned Kappa brand in China and Macau, China. The Group took another important step in April 2008 by acquiring PHENIX, which owns the KAPPA brand and PHENIX brand in Japan, opening a new chapter in China's trending multi-brand strategy. China Trends will enrich the regional brand portfolio, expand the Group's product range, explore opportunities in the Chinese ski and outdoor sportswear market, further strengthen China's existing R&D technology and capabilities by integrating Japan's PHENIX's strong design and R&D capabilities and experienced R&D specialists, and provide a solid platform for the long-term development of KAPPA and other brands in the Chinese market. Currently, the Group's products are warmly welcomed by the rapidly growing high-potential customer base in China with an image of vitality, fashion and youth.