Xtep International Holdings Limited provided preliminary unaudited consolidated earnings guidance for the year ended December 31, 2018. For the year, the board of directors of the company announced shareholders of the Company and potential investors that, based on a preliminary review of the unaudited consolidated financial statements of the Group for the year ended 31 December 2018, it is expected that there will be a significant increase of around 50% to 60% in the consolidated net profit attributable to ordinary equity holders of the Company for the year ended 31 December 2018 as compared to that for the year ended 31 December 2017. The expected increase in the consolidated net profit attributable to ordinary equity holders of the Company for the year ended 31 December 2018 is attributable to the significant increase in consolidated revenue of approximately 25% due to the robust sales performance at retail stores as a result of store upgrades and retail network optimization, strong product offerings and recognitions which led to higher sell- through rates and replenishment orders from distributors; and stronger demand for restocking by distributors as a result of the inventory buy-back by the Group in 2017.