The Disposals of PONY Trademarks and the Formation of the JV Company: Foster Synergetic Effects with Iconix International Inc.

The Group is pleased to announce that it has completed the sale of its trademark of lifestyle brand “PONY” outside the Asia Pacific to Iconix International Inc. and the sale of the trademark of PONY in the Asia Pacific (excluding China and Taiwan region) to the Joint Venture Company formed with Iconix.

Shenyang Park Outlets—Optimised brand portfolio: Southern area upgraded, Central area transformed and Northern area re-opened

The expansion project of Shenyang Park Outlets Northern phase II has been completed.

Xiamen Park Outlets Grand Opening

more than 200 international well-known brands have discounts of 20% off, more discounts, and 5% discount on VIP, creating an unprecedented business opening in Xiamen Give back effort.

Anyang CITS Park Outlets Opening on 23 September 2017

The Group also plans to continue to expand different projects in the country, aiming to make Park Outlets a national chain outlet brand, while also strengthening the layout of community shopping malls.