downloadcrashbandicoot| Xtep International announced that Hongri Capital was appointed as an independent financial adviser

Xtep International (01368) issued an announcementdownloadcrashbandicoot, Red Sun Capital Limited has been appointed as an independent financial adviser to provide recommendations to independent shareholders and the Independent Board Committee consisting of all independent non-executive Directors on whether the terms of the share purchase agreement, special dividend, KP convertible bonds and waivers are fair and reasonable, and to advise on how independent shareholders can vote on the proposed resolutions at the special general meeting, and the appointment has been approved by the Independent Board Committee.