XTEP INT'L(01368): XTEP's main brand retail sales will achieve a low single-digit year-on-year growth in 2025.

XTEP INT'L (01368) China Mainland business operations for the fourth quarter and full year of 2025, as of December 31, 2025, the retail sales of the Xtep main brand (including the Wuxi Online Offline Communication Information Technology Co., Ltd. channel) remained steady compared to the previous year, with retail discounts ranging from 30% to 35%; Saucony retail sales (including the Wuxi Online Offline Communication Information Technology Co., Ltd. channel) achieved over 30% year-on-year growth. For the full year ending December 31, 2025, Xtep's main brand retail sales (including the Wuxi Online Offline Communication Information Technology Co., Ltd. channel) achieved low single-digit year-on-year growth, with channel inventory turnover of approximately four and a half months; Saucony retail sales (including the Wuxi Online Offline Communication Information Technology Co., Ltd. channel) achieved over 30% year-on-year growth.