Xtep International Holdings Limited announced that based on its preliminary assessment of the unaudited consolidated management accounts of the Group for the eleven months ended November 30, 2017 and the information currently available to the Board, it is expected that the Group will record a decrease of approximately 25% to 35% in its consolidated net profit for the year ending December 31, 2017 as compared to that for the year ended December 31, 2016.