Ann: Change of Director's Interest Notice, page-52

Xpd soccer gear own 100% > China soccer holding (hong kong) which in turn own 100% > Jinjiang Chaoda shoe & Garment (China)

it is Jinjiang Chaoda(china) that hold all the assets, including factories, bank account, equipment.. etc..

XPD soccer gear (australia) and China soccer holding (hong kong) are just shell company, owning 100% of the subsidiary. Jinjiang chaoda (china)

the brand is XPD in english, and “high climbing” in Chinese. The manufacturing company is call Jinjiang Chaoda Shoe... There is no XPD shoe manufacturing company. XPD is only their brand name.. The actual manufacturing company is call Jinjiang Chaoda shoe & garment.