https://www1.hkexnews.hk/app/sehk/2024/106275/documents/sehk24031501299_c.pdf Recently, Belle Fashion Group (referred to as "Belle Fashion") announced that it has further appointed UBS AG Hong Kong Branch and China International Capital Corporation Hong Kong Securities Limited as its global coordinators on March 14 and March 16 respectively. Belle Fashion submitted its prospectus to the Hong Kong Stock Exchange on March 1, 2024. As of the date of this announcement, Belle Fashion has appointed Merrill Lynch and Morgan Stanley as its joint sponsors and global coordinators, as well as UBS and CICC as its global coordinators. Belle Fashion, founded in Hong Kong in 1981, is a leading Chinese fashion trend company and the largest fashion footwear company in China. It owns 19 core owned brands and cooperative brands (including licensed brands and agency brands) with diversified layouts, covering footwear, apparel and accessories for women, men and children. The company participates in and improves the entire value chain including product planning, design and development, production, direct-to-consumer (DTC) retail and customer operations, and has established an industry-leading vertically integrated business model. According to data from Frost & Sullivan, based on retail sales in 2022, Belle Fashion ranked first in the Chinese fashion footwear market, with a market share of approximately 12.3%. As of November 30, 2023, Belle Fashion has the largest directly-operated fashion footwear and apparel retail network in China, with its offline retail network consisting of 8,361 directly-operated stores across the country. According to the prospectus, in the pre-listing shareholding structure of Belle Fashion, Belle International ultimately controlled by Muse Holdings holds 100% of the company's shares through Belle Brands. The shareholders of Muse Holdings include Wise Ventures (indirectly owned by some directors and executives) holding 46.36% of the shares; Hillhouse Investment holding 44.48%; CDH Investments holding 9.16%; https://www1.hkexnews.hk/app/sehk/2022/104302/documents/sehk22031601639_c.pdf © 2021 Meishun (Hong Kong) Management Consulting Co., Ltd. and Meishun (Hangzhou) Management Consulting Co., Ltd. All rights reserved. Meishun Meiyin (Hangzhou) Consulting and Management Co., Ltd. is a domestic subsidiary of Hong Kong Meishun Management Consulting Company under the same ultimate controlling party. Both companies are controlled by the same actual controller and comply with the laws of Hong Kong and mainland China.