This year, a total of 3,503 buy-side professionals and 581 sell-side analysts participated in the survey of “2021 All-Asia Executive Team”, in which the number of buy-side voters has increased by over 80% year on year, achieving a historical high. The total estimated market value of Asia equities under management has reached $1,863 billion. The nominated companies were rated on eight core areas below:

○ Productivity of NDR/Conference Calls

○ IR team well-informed & empowered

○ Accessibility of senior execs

○ Responsiveness

○ Timing to market, Timeliness

○ Consistency & granularity

○ Business & market knowledge

○ Communication of strategy and risk management amid COVID-19

Topsports is highly recognized by the capital market in the area of “Communication of strategy and risk management amid COVID-19”. As a leading enterprise specialized in sports retailing, the evolving consumption occasions and changing consumer preferences amid the Pandemic have given Topsports a unique opportunity to think outside of the traditional realms of ongoing operations and innovate on cross-occasion settings by integrating and extending multiple retail formats seamlessly, and prove its operating adaptability, decision-making and execution, thereby cultivating long-term “Digital Immunity” to Pandemic disruptions.

Topsports believes that the most driving force of digital transformation originates from the deep understanding on its own retail businesses. The digital transformation comes from its businesses, where it is also empowering businesses. Being the first industry player starting the exploration on digital transformation, since the launch of the first self-developed digital system in 2002, Topsports successively introduced over 50 system tools and Consumer-end products, with over 200 iteration versions. Meanwhile, the Company has accumulated rich technological talents and retail industry experts with more than 20 years of experiences. The deep integration of technologies and businesses has maintained the digital application level of Topsports at the highest among the industry standards, enabling the business empowerment with precision and efficiency. Looking ahead, Topsports remain confident in our own ability to provide services for consumers and sports enthusiasts in China with more precision and efficiency through our customer-centric, omnipresent and multi-occasional sportswear retail and service platform in a changing market environment and continue to achieve new breakthroughs.

Mr. Yu Wu, Chief Executive Officer & Executive Director of Topsports, commented, “We would like to express our sincere gratitude to the support and recognition on Topsports International by Institutional Investor and global investors. As a listed company, the new journey has empowered us with more responsibilities. In the future, we will continue to forge ahead towards our goals with the management team’s continuous efforts to enhance and improve corporate governance and investor relations, maintain an open, prompt, accessible, and credible two-way communication with investor community, and we will consistently create long-term value for our consumers, shareholders and all of our partners sustainably.”

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About Topsports International Holdings Limited

Topsports International Holdings Limited operates a consumer-centric, omnipresent and multi-occasional sportswear retail and service platform in China. The Company has the industry-leading nationwide and deeply penetrated directly-operated store network of sportswear products in China, covering over 350 cities with more than 8,000 directly-operated stores. It has established a localized, social communities and a sizeable membership base, pioneering various technologies to reach consumers digitally and exploring different consumption settings to cater to customer demand more precisely and efficiently. The Company is dedicated to enhancing its engagement with and understanding of the Chinese consumers in order to offer them better products and experiences alongside its brand partners.