Offline Retail Performance
Starts Picking Up

E-commerce Sales Continues
to Grow

HONG KONG, CHINA – Media
OutReach – 17 July
2020 – The
leading international sportswear brand enterprise in the PRC, China Dongxiang (Group) Co., Ltd.
(“China Dongxiang” or “the Company”, together with its
subsidiaries, “the Group”, HKEx stock code: 3818) announces its operational results for the three
months ended 30 June 2020 (”FY2020/21 Q1”).

For the FY2020/21 Q1, the retail performance of Kappa stores
(excluding Kappa kids’ apparel business and Japan business) for the overall
platform registered a mid-to-low single-digit decrease on a year-on-year basis,
of which the offline business recorded a low-teen decrease and the e-commerce
business recorded a mid-to-low thirties growth. Offline retail performance in
May 2020 recorded a low-single-digit growth as compared with that in April 2020 due to on-going market recovery. Retail discount has
dropped by 4 percentage points as affected by the market, with discount rate still under the controllable range.

As for the same-store-sales (“SSS”) during FY2020/21 Q1, in respect
of Kappa stores (excluding Kappa kids’ apparel business and Japan business)
which have been in operation since the beginning of the same quarter the
previous year, the SSS for the overall platform registered a mid-single-digit
decrease on a year-on-year basis, of which the offline business recorded a
mid-to-low-teen decrease, while the e-commerce business recorded a mid-to-low
thirties growth.

For the first quarter ended 30 June 2020, the number of Kappa-branded stores of the
Group was 1,147 (excluding Kappa kids’ apparel business and Japan business),
representing a net increase of 18 as compared with that as at 31 March 2020
(the end of FY2019/20). In the next step, the Group will continue to close inefficient
stores.

Mr. Zhang Zhiyong, CEO,
President and Executive Director of China Dongxiang, said, “Market competition has been intensified since the outbreak of
COVID-19. We anticipate that there will be a year-on-year volume growth
in sports apparel and equipment industry this year, though selling prices will be under
pressure. Entering the third year of ‘direct-franchise’ model reform for Kappa brand, the Group’s inventory level is expected to decline. By implementing such business reforms, the
market share of Kappa brand has been maintained during the period. In addition, our management has improved and implemented localised strategies
for the sales teams in an orderly manner, while driving reforms and
construction of  the product team, with an aim to enhance core competitiveness of the brand. We will continue to closely monitor the changes of
the pandemic, strengthening supervision and control over our operations, in order to minimise the negative impacts brought by the pandemic,
protecting the Group’s value and shareholders’ interests.”

About China Dongxiang (Group) Co., Ltd. (Stock code: 3818)

China Dongxiang (Group) Co., Ltd. is a leading international sportswear
brand enterprise in China which has been listed on the Main Board of the Hong
Kong Stock Exchange since 10 October 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
renowned Kappa brand in China, Macau and Japan. On 1 May 2008, China Dongxiang
completed the acquisition of Phenix, a Japanese sportswear enterprise. Phenix
is the most popular ski brand in Japan with the largest market share, as well
as a well-known brand in the international market.

• Flights will be operated initially with one weekly
  frequency every Sunday
• The airline recently announced the upcoming resumption of
  flights to destinations including Maldives, Berlin, Prague, Toronto,
  Kilimanjaro, Venice and Zanzibar

BEIJING, CHINA – Media
OutReach – 17 July
2020 – Qatar
Airways is pleased to announce that it will resume Guangzhou scheduled
passenger services with an initial one weekly flight starting 26 July. The Southern
China economic and commercial centre becomes the latest destination to join the
global network the airline is gradually rebuilding, in addition to the recently
announced flight resumptions to Bali, Maldives, Beirut, Belgrade, Berlin, Edinburgh,
Larnaca, Prague, Zagreb, Ankara, Zanzibar, Kilimanjaro, Bucharest, Sofia and Venice.

The much-anticipated resumption of Guangzhou passenger flights will
further enhance the airline’s commitment to the Chinese market by providing passengers
access between Doha, China and beyond via the airline’s award-winning hub,
Hamad International Airport (HIA), which was recently voted ‘Best Airport in
the Middle East’ for the sixth year in a row  by the SKYTRAX World Airport Awards 2020.

Qatar Airways Group Chief Executive, His Excellency Mr. Akbar Al Baker
said: “The resumption of Guangzhou passenger services is one of the significant
steps taken by Qatar Airways to demonstrate our confidence in the gradual
recovery of the regional travel market and global connectivity. Since the COVID-19
crisis started, we have challenged ourselves to be at the forefront and combat
the effects of this global pandemic, by volunteering our services to deliver worldwide
medical supplies coordinated by Chinese Embassies and Consulates.

“In addition to scheduled freighter services,
we have also operated a large number of charters and freight-only passenger
aircraft to meet China’s surging demand for imports and exports. With the
resumption of passenger flights, we will have 52 flights in total, comprising
of passenger freighters, belly-hold cargo flights and freighters in and out of
Mainland China each week, providing more than 2500 tonnes of weekly cargo
capacity each way.”

“Qatar Airways been closely working with the
local authorities to secure regulatory approval and ensure we are staying up to
date with the latest in airport procedures and the most advanced safety and
hygiene measures onboard. The return of Guangzhou in our international network will
help to re-establish the connection between Doha and China that directly
benefits our customers and trade partners. We continue to uphold our core mission
of being the trusted airline that gets people home safely and look forward to
further strengthening our schedule to China by increasing frequencies and
destinations as operating environment permits.”

The airline’s share of the passenger and air cargo market has grown
significantly over the past three months. Qatar Airways has remained in
operation throughout the COVID-19 crisis, and has operated a significant
schedule of over 17,000 flights, including over 300 special charters to more
than two million people home globally. The airline has also been running a
robust cargo operation globally, with up to 180 dedicated cargo flights daily,
and has transported over 580,000 tonnes of cargo all around the world.

During the past months, Qatar Airways Cargo has also worked closely with
governments and NGOs to transport over 250,000 tonnes of medical and aid
supplies to impacted regions around the world on both scheduled and charter
services. This equates to roughly 2,500 fully loaded Boeing 777 freighters.

Qatar Airways has further enhanced its onboard safety measures for
passengers and cabin crew, including the use of Personal Protective Equipment
(PPE) suits for cabin crew while onboard, as well as a modified service that
reduces interactions between the passengers and the crew inflight. Cabin Crew
have already been wearing PPE during flights, including gloves and facemasks. Recently,
Qatar Airways has also introduced new Personal Protective Equipment (PPE) kits for
passengers that include a facemask, disposable gloves and hand sanitiser. In
addition, passengers will be provided a face shield visor, available in adult
and children size, for their use in conjunction with facemask during flights.

The airline recently announced plans to
gradually rebuild its network in line with the evolution of passenger demand
and the expected relaxation of entry restrictions around the world. By the end
of July, the airline plans to expand its network to over 70 destinations. To
find out where the airline is still flying, visit https://qatarairways.com/en/travel-alerts/COVID-19-update.html.

Notes to Editors

Qatar Airways
is the national carrier of the State of Qatar. As a multiple award-winning
airline, Qatar Airways was named ‘World’s Best Airline’ by the 2019 World
Airline Awards, managed by international air transport rating organisation
Skytrax. It was also named ‘Best Airline in the Middle East’, ‘World’s Best
Business Class’ and ‘Best Business Class Seat’, in recognition of its
ground-breaking Business Class experience, Qsuite. Qatar Airways is the only
airline to have been awarded the coveted “Skytrax Airline of the Year” title,
which is recognised as the pinnacle of excellence in the airline industry, five
times.

Qsuite, a
patented Qatar Airways product, features the industry’s first-ever double bed
in Business Class, as well as privacy panels that stow away, allowing
passengers in adjoining seats to create their own private room, a first of its
kind in the industry.

Qatar Airways
was the first Gulf carrier to join global airline alliance oneworld, enabling
its passengers to benefit from more than 1,000 airports in more than 160
countries, with 14,250 daily departures.

Oryx One,
Qatar Airways’ in-flight entertainment system offers passengers up to 4,000
entertainment options from the latest blockbuster movies, TV box sets, music,
games and much more. Passengers flying on Qatar Airways flights served by its
B787, B777, A350, A380, A319 and select A320 and A330 aircraft can also stay in
touch with their friends and family around the world by using the award-winning
airline’s on-board Wi-Fi and GSM service.

Qatar Airways
proudly supports a range of exciting international and local initiatives
dedicated to enriching the global community that it serves. Qatar Airways, the
official FIFA partner, is the official sponsor of many top-level sporting
events, including the FIFA 2022 World Cup, reflecting the values of sports as a
means of bringing people together, something at the core of the airline’s own
brand message – Going Places Together.

Qatar Airways
Cargo, one of the world’s leading international air cargo carriers, serves more
than 60 freighter destinations worldwide via its world-class Doha hub and also
delivers freight to more than 160 key business and leisure destinations
globally on more than 250 aircraft. The Qatar Airways Cargo fleet includes two
Boeing 747-8 freighters, 21 Boeing 777 freighters and five Airbus A330
freighters.

Qatar
Executive is the private jet charter division of Qatar Airways Group. Luxury
jet services are available for worldwide charter on board the operator’s wholly-owned
business jet fleet. Qatar Executive is the launch customer for Gulfstream’s
G700, the world’s first commercial service operator of the Gulfstream G500 and
largest commercial operator of the G650ER worldwide. Qatar Executive’s service
portfolio also includes aircraft management, maintenance and Fixed Based
Operator services.

Provides governance and expands standardized model from Japan for manufacturing industries

TOKYO, JAPAN – Media OutReach – 17 July 2020 – Infor Japan K.K., the Japanese subsidiary of
Infor, a global leader in business cloud software specialized by industry,
today announced that Chuo Spring Co., Ltd., an automotive components
manufacturer, has adopted at its Indonesian sites Infor CloudSuite Industrial,
an ERP solution for manufacturing industries, to enhance business visibility
and standardize its operations globally.

■
Background

Chuo Spring is an automotive components manufacturer engaged in the
development, manufacturing, and sale of springs, control cables, and other
components incorporated into vehicles. Using its control cable technologies,
the company is expanding its product range outside of automotive components as
well, developing businesses in areas such as construction equipment and
welfare-related equipment.

Chuo Spring’s overseas network comprises 10 sites in five countries as
part of its commitment to overseas expansion. However, because each overseas
site operates different core business systems, and conducts operations
differently, it has been difficult for head office in Japan to obtain accurate
real-time information. As a result, each site has been left to implement its
own business improvements, and governance from head office has been largely
ineffective.

Chuo Spring made the decision to use Infor CloudSuite Industrial as a
dedicated core system for its overseas sites, and deploy the solution in its
Indonesian sites, in recognition of its ability to adapt Japanese standardized
operations to sites overseas and support centralized management and global
operations from its Japanese head office.

■
Results of adoption

Chuo Spring deployed Infor CloudSuite Industrial in the latter half of
2019, and is using it to manage shipping, sales, procurement, warehousing, and
accounting at its Indonesian sites. The company is gradually deploying Infor’s
single-instance ERP, built for global operations, across its overseas sites,
starting with Indonesia. In this way, its head office in Japan will be able to
understand data in real time across its global network, and drive business
improvements based on companywide data (including from those overseas sites).

Along with adoption of Infor CloudSuite Industrial, Chuo Spring’s
Indonesian sites are standardizing operations in line with Japan. They are
improving the efficiency of their operations, including eliminating data entry
work for shipping processes, reducing conversion time through a unified code
system, and eliminating double entries through data centralization. Going
forward, in addition to more accurate inventory management, accelerated
financial reporting, and other operational improvements at its Indonesian
sites, Chuo Spring will expand its standardization model to other overseas
sites as well.

■
Comment from Kenta Koide, Vice President, Member of the board, Chuo Spring Co.,
Ltd.

“To enable
continued expansion at Chuo Spring, we needed an ERP solution to visualize our
overseas site data in real time and enable data-driven business decisions. In
addition to the rich functionality and proven achievements for global
manufacturing businesses offered by Infor’s ERP solution, we were impressed
with its versatility, flexible licensing structure, and development environment
enabling easy implementation and meeting local requirements.”

Media contact

Phyllis Tan

Infor Asia Pacific

+65 97999133

phyllis.tan@infor.com

About Chuo Spring

Chuo Spring
Co. Ltd. was established in Nagoya, Aichi Prefecture, in 1948 as a specialist
manufacturer of springs and control cables. It is engaged in Japan and overseas
in the development, manufacturing, and sale of mainly automotive chassis
springs, precision springs, and control cables, which require advanced
technical capabilities. For details, please see https://www.chkk.co.jp/ .

About Infor

Infor is a global leader in business cloud software specialized by
industry. With 17,300 employees and over 68,000 customers in more than 170
countries, Infor software is designed for progress. To learn more, please visit
www.infor.com.

Infor customers include:

• The top 20 aerospace companies
• 9 of the top 10 high tech companies
• 14 of the 25 largest U.S. healthcare delivery networks
• 19 of the 20 largest U.S. cities
• 18 of the top 20 automotive suppliers
• 14 of the top 20 industrial distributors
• 13 of the top 20 global retailers
• 4 of the top 5 brewers
• 17 of the top 20 global banks
• 9 of the 10 largest global hotel brands
• 7 of the top 10 global luxury brands

TAT2205 offers water resistance, 12 hours of playtime, extreme comfort, and compact size

SINGAPORE – Media OutReach – 17 July 2020 – Philips
TAT2205 are true wireless headphones with long 12 hours play time and a compact
charging case that fits comfortably even in the pocket of the slimmest-fit
jeans. These splash and sweat-resistant in-ear headphones not only sound great,
but also give you a comfortable fit, easy touch control, and up to 12 hours
play time, so you can be surrounded by your choice of sounds wherever you go.

Ready for all-day performance

You’ll be amazed by the clear, dynamic sound from the Philips TAT2205’s
6mm neodymium drivers while you rock your tunes in real comfort thanks to the
snug, lightweight design. The soft, interchangeable ear-tip covers fit so well
that you could almost forget you’re wearing headphones. Enjoy music all day
with up to 12 hours of playtime — about four hours from a single charge of the
headphones, plus an additional eight hours from a fully charged case. Just pop
the earbuds in the case for 15 minutes to get another hour of playing time. A
full charge of the case takes only two hours via USB-C. No matter the weather
and no matter your activity — IPX4 water resistance keeps the sounds flowing
through rain and sweat.

Hassle-free control

No need to fiddle with your phone. With Philips TAT2205, a button on
each earbud makes it easy to control your listening. You can quickly adjust the
volume, skip or pause tracks, take or reject calls–and more. The built-in mic
with echo cancellation keeps sound crisp and clear so you can be relaxed and at
your best when you need to chat, whether you’re talking for work or for
pleasure. You can wake your phone’s voice assistant without touching your
phone. Simply ask Siri or the Google Assistant to play some music, call or send
messages to friends, check the weather, and more.

Quick, trouble-free wireless connection

Don’t worry about Bluetooth configuration hassles. Smart pairing
automatically finds your smartphone and other Bluetooth devices. The headphones
are ready to pair the instant you switch on Bluetooth. Once they’re paired,
they remember the last device they were paired with.

Price and Availability

The Philips TAT2205 is available for an MSRP of SGD$139 and the
promotion price at SGD$79.

All series colours are ready to sell on Shopee,
Juzsoppe and Ishopchangi

Read more information about Philips
TAT2205 and TAT2205 video

About TP Vision

TP
Vision Europe B.V. (‘TP Vision’) is registered in the Netherlands, with its
head office in Amsterdam. TP Vision is a wholly owned company of TPV Technology
Limited (‘TPV’), which is one of the world’s leading monitor and TV
manufacturers.

TP
Vision is a consumer electronics key player in TV and audio entertainment. TP
Vision concentrates on developing, manufacturing
and marketing Philips-branded TV sets (Europe, Russia, Middle East, South
America, India and selected countries in Asia-Pacific) and Philips-branded
audio products (Globally) under trademark license by Koninklijke Philips N.V.
We combine the strong Philips brand with our product development and design
expertise, operational excellence, and industry footprint of TPV. We believe in
creating products that offer a superior audio and visual experience for
consumers.