For the fourth consecutive year, Topsports was recognized with the prestigious "Most Honored Company" award in the Consumer/Discretionary Sector. Additionally, for the first time, Topsports ranked first in each of the categories -IR Program,CEO, IR Professional, IR Team, ESG, and Company Board–based on combined buy-and sell-side votes as well as separate buy-side and sell-side votes.The Company was able to stand out amid the fierce competition thanks to its professional and efficient investor relations management and corporate governance, as well as outstanding corporate social responsibility performance.

Organized by Institutional Investor, the 2024 Asia (Ex-Japan) Executive Team survey evaluates the financial disclosures, investor services and communication, ESG and executive leadership of companies headquartered in Asia. This year, a total of 5,894 investors, portfolio managers and analysts from 1,388 voter firms participated in the survey, nominating a total of 1,669 companies across 18 sectors.

*Topsports ranked first in all the above awards among the Overall, Small & Midcap, and Mainland China categories.

Topsports places great emphasis on financial disclosures and transparency, investor engagement, and environmental, social, and governance (ESG) initiatives. Last fiscal year, the Company leveraged its market-leading scale and operational efficiency to generate high-quality growth with a well-defined strategy and strong execution, consistently delivering exceptional returns to shareholders. Over the past five years, the Company’s cumulative dividend payout ratio has exceeded 100%.

As a public company, Topsports actively engages in timely, transparent, and in-depth information disclosure and communication with capital markets. To help investors gain a more thorough understanding of its performance, progress and long-term strategic direction, the Company held over 400 investor calls and meetings in the past year, including but not limited to results briefings, domestic and overseas investor reverse roadshows, and investor store visits.

Topsports is committed to enhancing its ESG initiatives and continuously formulates strategies both internally and externally with brands and other partners across the industry to collaboratively set green goals and contribute to society.

Topsports management team commented,“The fact that we have been able to top the rankings for four years in a row speaks volumes to the unwavering trust and support that our investors have placed in us. Going forward, we remain steadfast in our commitment to creating more profound and long-lasting value for our consumers, shareholders and partners by consistently improving corporate governance and investor relations.”

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About Topsports International Holdings Limited

Topsports is a leading sportswear retail operator in China. The Company has an extensive and deep retail network, covering 6,000 directly-operated stores in more than 300 cities across the country, and holds strategic partnerships with over 10 prominent sportswear brands. The Company is committed to providing consumers with superior sports products and service offerings, and creating an environment that promotes an active, healthy, and happy lifestyle.