24 February 2010
[24 February 2010, Hong Kong] The leading international sportswear brand enterprise in the PRC, China Dongxiang (Group) Co., Ltd. ("China Dongxiang" or "the Company"; stock code: 3818, together with its subsidiaries the "Group"), being the official sportswear partner of the Norwegian Olympic Committee and Norwegian Ski Federation, is please to offers its heartiest congratulations to Norway Delegation’s remarkable achievement in Vancouver 2010 Winter Olympic Games, which is being held in Vancouver, Canada. Amongst, the famous sports star, Aksel Lund Svindal of Norway, has won the gold medal during the Men's Super-G alpine skiing competition.
The opening ceremony of the Vancouver 2010 Winter Olympic Games took place on 13 February 2010 at the BC Place Stadium in Canada. As of 24 February, the Norwegian delegation has won six gold medals, five silver medals and six bronze medals in the competitions, ranking number three among all participating countries. China Dongxiang has also invited its distributors as well as famous Chinese celebrities including Sun Nan and Xia Yu, to attend the Vancouver Winter Olympic Games to support the Norwegian Team who wears Kappa and Phenix sportswear during competitions and flower ceremonies.
In March 2009, the Company has entered into an agreement with the Norwegian Olympic Committee to become its official partner in 2009 to 2010. China Dongxiang will provide the Norwegian team with Kappa and Phenix sportswear in the opening ceremony, competitions as well as flower ceremonies during the 2010 Winter Olympics and 2012 Summer Olympic Games.
Mr. Chen Yihong, Chairman of China Dongxiang said, "Congratulations to Norwegian National team for their outstanding achievements in Vancouver 2010 Winter Olympic Games. The Norwegian national skiing delegation is the world’s renowned team in skiing sports, We are honored and proud to win the recognition and praise from the team on our sportswear especially Phenix skiwear."
About China Dongxiang (Group) Co., Ltd.
CChina Dongxiang (Group) Co., Ltd. is a leading international sportswear brand enterprise based in China and was successfully listed on the Stock Exchange of Hong Kong Limited on 10 Oct, 2007. The Group is primarily engaged in the design, development, marketing and wholesale of branded sportswear in China. Currently, China Dongxiang owns all rights to the internationally recognized Kappa Brand in China, Macau and Japan. Its products convey an active, fashionable and youthful image and are warmly welcomed by China’s fast growing and high potential consumers. The Group finished its acquisition of a Japan sportswear enterprise Phenix on 30 April 2008. The international brand "Phenix" has the greatest market share in the skiing and outdoor sportswear market in Japan.
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