Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever f

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.


PEAK SPORT PRODUCTS CO., LIMITED 匹 克 體 育 用 品 有 限 公 司

(Incorporated in the Cayman Islands with limited liability)

(Stock code: 1968)


SALES FAIR RESULTS FOR THE SECOND QUARTER OF 2016


This announcement is made on a voluntary basis by the board of directors (the 'Board') of Peak Sport Products Co., Limited (the 'Company', together with its subsidiaries, the 'Group').


The Group held its sales fair for the second quarter of 2016 in September 2015. The total amount of sales fair orders for the second quarter of 2016 at wholesale prices recorded a mid-teens growth when compared to that of the same quarter in 2015. By category, we have observed strong growth in basketball and running footwear products thanks to increasing popularity of the sports and rising demand for professional sportswear.


Set out below is an analysis of the order growth by value and growth in average selling prices at wholesale level ('ASP') by major product categories of the Group for the sales fair for the second quarter of 2016 when compared to those for the same quarter in 2015:


Product category

Footwear

Apparel

Order growth by value (%)

Mid-twenties

Mid single-digit

ASP growth (%)

Mid single-digit

Negative low single-digit

The Company's shareholders and potential investors should note that the above announcement is made based on unaudited operational data of the Group and this data has not been audited or reviewed by the Company's auditors.


The Company's shareholders and potential investors are advised to exercise caution when dealing in the shares of the Company.


By Order of the Board

Peak Sport Products Co., Limited Xu Jingnan

Chairman


Hong Kong, 7 October 2015


As at the date of this announcement, the Board comprises three executive directors, namely Mr Xu Jingnan, Mr Xu Zhihua and Mr Xu Zhida; one non-executive director, namely Ms Wu Tigao; and three independent non-executive directors, namely Dr Xiang Bing, Mr Wang Mingquan and Mr Feng Lisheng

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