About Pou Sheng International (Holdings)

Pou Sheng International (Holdings) Limited operates as an investment holding company. The company is a subsidiary of Major Focus Management Limited. The principal activities of the company are retailing of sportswear and distribution of licensed products. The company’s business operations are mainly conducted in the People’s Republic of China (PRC). As of December 31, 2016, the company’s nationwide retail network consisted of 5,560 directly operated retail outlets and 3,199 sub-distributor operated retail outlets. The company engages in the distribution of international branded sports footwear and apparel, designing and marketing licensed branded footwear, and providing sports management and events platforms in Greater China. The company is a major distributor of footwear and apparel for international brands that have market positions in first and second tier cities in the PRC. To further expand its capability to distribute international athletic brands in the PRC, the company further rolled out omni-channels that offer customers an optimal shopping experience at both brick-and-mortar stores and digital stores. The company’s brand licensee business (non-sport brands) continued to pursue opportunities with international leisure brands. The brand licensees grant the company rights to design, develop, manufacture, and market the brand products at designated locations for specified periods of time (across the Greater China region or PRC). During 2016, the brand licensee business of the company consisted of PONY in the PRC and Taiwan, and Hush Puppies in Taiwan. The company engages in the business of distribution and retailing of sportswear and footwear products, and leasing of large scale commercial spaces to retailers and distributors for concessionaire sales.