Xtep International Holdings Limited

Xtep International Holdings Limited is a fashion sportswear company in the People’s Republic of China. The Company is engaged in the design, development, manufacture and marketing of sportswear, including footwear, apparel and accessory products. The Company’s products are sold under the Xtep brand, Koling brand and the Disney Sport brand, which is licensed by The Walt Disney Company (Shanghai) Limited for the Company in the People’s Republic of China. During the year ended December 31, 2008, the retail network of the Xtep, Disney Sport and Koling brands operated by the Company’s distributors and third-party retailers covered 31 provinces, autonomous regions and municipalities in the People’s Republic of China.