The board of directors of Xtep International Holdings Limited announced that Mr. Ho Yui Pok, Eleutherius (Mr. Ho) will be re-designated from an executive director to a non-executive director and will resign as the chief financial officer, the company secretary and authorized representative of the company with effect from 1 September 2017 due to devote more time to his personal engagement. Following Mr. Ho's resignation, Mr. Yeung Lo Bun will be appointed as the CFO, the company secretary and an authorized representative of the company with effect from 1 September 2017.