Nicholas Tse Bought XTEP 0.23% Stake

According to the latest news, recently, Nicholas Tse will subscribe about 19000000 yuan to subscribe XTEP, become a shareholder of XTEP group, he will hold XTEP's 0.23% stake.

Sports brand

Recently, the Hongkong film star Nicholas Tse paid HK $4.5 per share to subscribe for all 5 million shares of XTEP's newly issued shares, equivalent to about 19 million 384 thousand and 800 yuan, after the subscription of shares.

Will hold 0.23%.

According to the announcement, the proceeds from XTEP will be used in the sports product series jointly developed by XTEP brand and Nicholas Tse. Nicholas Tse will continue to be the spokesperson of XTEP.

It is reported that before the subscription reached, XTEP company.

The closing price is HK $3.98, and Nicholas Tse's share premium is 13.1%.

Sports brand is in the period of rapid development under the upgrading of consumption.

XTEP's 2015 earnings report showed that annual revenue reached 5 billion 295 million yuan, an increase of 10.8% over the same period last year.

Operating profit of 921 million yuan, up 13.9% over the same period last year.