Investor Presentaiton

Dominant Market Leadership Leading down apparel brand in the PRC for 15 consecutive years since 1995 / Market share reached 24.9%*, which is 3 times of the closest external competitor • Ranked No.2 with a 7.6%* market share •Ranked No. 7 and No.8 with a market share of 2.9% and 2.6%* respectively Bingjie Bosideng Snow Flying Kangbo Four core brands of down apparel products achieved a combined market share of 38.0%* * Source: report issued by China Industrial Information Issuing Center in 2009 15

View entire presentation