HONG KONG, Nov 2, 2009 - (ACN Newswire) - China's leading fashion sportswear enterprise Xtep International Holdings Limited ("Xtep" or the "Company", together with its subsidiaries the "Group", stock code: 1368) is pleased to announce that Mr. Ding Shui Po, Chairman and CEO of Xtep, has become the new 'Ernst & Young Entrepreneur Of the Year 2009 China' award winner.
A total of 12 outstanding business entrepreneurs with distinguished vision, leadership and achievement received the honor this year. Mr. Ding was one of the winners for the industry of consumer products. Other winners include Mr. Vincent Lo, Chairman of Shui On Group, Mr. Li Shufu, Chairman of Geely Automobile Holdings Ltd, Mr. Lu Wenbing, Chief Executive Officer of Inner Mongolia Little Sheep Catering Chain Co., and Mr. Luo Lin, Chairman of Anton Oilfield Services Group, amongst others.
"The Ernst & Young Entrepreneur Of the Year award is a recognition and encouragement not only for me but also for all of Xtep's management and staff. I'm so glad that Xtep's astounding growth in recent years is recognized by a panel of renowned judges for this award. Going forward, we will continue our efforts to further strengthen the recognition and reputation of Xtep brand and increase our market penetration, endeavoring to generate excellent results in the future for our shareholders," said Mr. Ding on receiving the award.
The judging panel of the award this year consists of six outstanding entrepreneurs such as Mary Ma, Partner and Managing Director of TGP Capital, Jonathan Chuk, Partner and Managing Director of Brian Capital, and Michael Chan, Executive Chairman of the Cafe de Coral Group, amongst others.
Ernst & Young Entrepreneur Of the Year Award, which was created in the United States in 1986, is a prestigious international award established to honour bold entrepreneurs who have achieved success by combining ability and opportunity. Winners of the award are drawn from a wide range of industries including consumer and industrial products, real estate, automotive, services and technology.
About Xtep International Holdings Limited
Listed on 3 June 2008 on the Main Board of the Hong Kong Stock Exchange, XTEP is a leading PRC-based professional sports brand providing stylish and functional products. It is principally engaged in the design, development, manufacturing, sales and marketing, and brand management of sportswear products, including footwear, apparel and accessories. During the past several years, the Group has been actively implementing its sports marketing strategy with a focus on running and football. It boasts an extensive nationwide distribution network in the PRC. The Company is a constituent of Hang Seng Global Composite Index and Hang Seng Composite Index Series. XTEP is selected in the Southbound Trading of Shenzhen-Hong Kong Stock Connect.
For more information, please visit Xtep's corporate website: www.xtep.com.hk or scan the Group's Wechat QR code below (or search by : xtepholdings).
Xtep International Holdings Limited
Ms. Frances Leung
Porda International (Finance) PR Group
Ms. Kylie Yeung
Ms. Ada Leung
Nov 2, 2009 20:14 HKT/SGT
Source: Xtep International Holdings Limited
Topic: Press release summary
Sectors: Fashion/Apparel, Daily Finance
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