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1 特步國際控股有限公司 XTEP INTERNATIONAL HOLDINGS LIMITED (於開曼群島註冊成立的有限公司) 股份代號 : 年年報 發 激 限 無 能 潛

2

3

4 2002 7, , /

5 FCA, FCPA Cricket Square, Hutchins Drive P.O. Box 2681, Grand Cayman KY Cayman Islands Butterfield Fund Services (Cayman) Limited Butterfield House, 68 Fort Street, P.O. Box 705 Grand Cayman KY1-1107, Cayman Islands Aries Consulting Limited /

6 / 2014

7 /

8 % % / 2014

9 /

10 , , , , , , , , , , , , (%) (%) , , , , , , , , , , , , , , (%) / 2014

11 (%) 10 4, , , , , , , , , , , , ) 2) 3) 4) 5) ) ) /

12 / 2014

13 Mercury Excellence Awards Mercury Excellence Awards International ARC Awards / 2014 () () 12 ( ) () Mercury Excellence Awards ( ) Mercury Excellence Awards () Mercury Excellence Awards (/ ) International ARC Awards / /

14

15

16 % % % (Justin Gatlin) / 2014

17 /

18 700 3, Phylon , , ( After School NanaUNIQ Dynamic Foam X-Helix Air Mega ,100 7, / 2014

19 / 2014

20

21

22 7.4% 12% % % / 2014

23 % % /

24 022 / 2014

25 /

26 / 2014

27 , /

28 , / 2014

29 LFP T , LFP /

30 (Justin Gatlin) / 2014

31 象 本 本集團 集團與 與 天天兄弟 天天 天天 天 兄弟 兄弟 為向新一代推廣我們的品牌形象 本集團與 源 錢楓 源 錢楓及金 錢楓 及金 金 恩聖 恩聖簽 簽 包括汪涵 歐漢聲 又名歐弟 田源 錢楓及金恩聖簽 國廣 廣受歡迎的 受歡 歡迎的 迎 電視 約 天天兄弟 為本集團冠名贊助在中國廣受歡迎的電視 充分利用 充分 利用代言 利用 代言 娛樂節目 天天向上 的五位固定主持人 為充分利用代言 沙隆重 隆重開 開 資源 本集團邀請 天天兄弟 擔任2014年6月在長沙隆重開 幕的概念店 運動時尚體驗店 的嘉賓 此外 我們羅致多名新力軍加入特步品牌代言人的大家 年內本集團透過與中央電視台第五台體育頻道及中央電視 庭 包括中國首位二十公里競步賽2012年奧運金牌得主陳 台少兒頻道的策略夥伴關係 鞏固其品牌知名度並將覆蓋 定 2014年 陳定於環太湖國際競走錦標賽榮獲男子個人 率擴展至全國 並為配合年內的體育贊助 本集團運用微 冠軍 並於全國競步錦標賽取得亞軍 信及微博等網上平台 作為特步有效的品牌營銷推廣溝通 工具 知名藝人兼年輕有為的企業家謝霆鋒是特步首位娛樂明星 代言人 十多年來一直與品牌息息相關 隨著特步擔任謝 霆鋒的名人烹飪電視節目 12道峰味 的官方體育用品贊助 商及成為謝霆鋒在一個與三千名香港青少年共聚的活動上 的官方服裝贊助商 雙方合作關係不斷加深 12道峰味 於2014年6月在浙江衛視頻道首播 在全國獲得熱烈正面迴 響 而上述有關謝霆鋒與該三千名青少年一同在香港維多 利亞公園製作傳統廣東小食雞蛋仔的活動 試圖打破有最 多人同時製作雞蛋仔的世界紀錄 別具意義 特步國際控股有限公司 / 2014年年報 029

32 030 / 2014

33 /

34 (X-HELIX) % % Phylon , / 2014

35 /

36 XTOP / 2014

37 /

38 (sellthrough)(sell-in) , , / 2014

39 85% ( /

40 , % % 15% % 40.9% 42.1% / 2014

41 ,000 After r School Nana UNIQ!! Running Man /

42 PU PU DNA 040 / 2014

43 2015 7,100 7, /

44 (%) (%) (%) 3, , , , , , % % / 2014

45 /

46 % % (%) (%) (%) 1, , , / 2014

47 % % % % % % , , , % % % % /

48 % % % % , , ,240 4, ,6306, , % % , , , % % 10.0% % % % 046 / 2014

49 , , , , , , , , , , /

50 , , , (a) 9, (b) ,950 (c) 1, % % 048 / 2014

51 % % , , ,180 /

52

53

54 % % 60.0% Facebook / 2014

55 (852) (852) ,178,085, * * 2013 * /

56 8, / 2014

57 ISO ISO /

58 CEO CEO2014 CEO / 2014

59 / (DBA) MBA

60 ReneSola Ltd AFE Computer Services Limited Infocast Pty Limited Curtin University of Technology PNG 058 / 2014

61 /

62 A.2.1 A / 2014

63 /

64 /4 1/1 4/4 1/1 4/4 1/1 4/4 1/1 4/4 1/1 4/4 1/1 4/4 1/1 4/4 1/1 4/4 1/1 4/4 1/1 4/4 1/ / 2014

65 3.10(1) 3.10(2) 3.10A /

66 A / 2014

67 (i)(ii)(iii) /

68 /3 3/3 3/ / 2014

69 /1 1/1 1/ /1 1/1 1/1 /

70 ,000 3,685,000 4,285, / 2014

71 ( /

72 % / 2014

73 /

74 / 2014

75 XV XV (1) (2) 1,321,375, % (3) 1,310,059, % (4) 1,310,059, % (5) 5,500, % (6) 10,000, % (7) 1,380, % (1) ,178,085,000 (2) 1,310,059,50011,315,500 (3) (4) /

76 (5) 1,500, ,000, ,000, (6) 1,000, ,500, ,000, ,500, (7) 600, , ,000 Xtep International E-Commerce Investment Limited (1) 1, % (1) XV XV 074 / 2014

77 ,000, % 30% 30% 40% (1) 1,500,000 1,500,000 1,000,000 1,000,000 14,265,000 14,265,000 16,765,000 16,765,000 16,765, % /

78 %220,000, % (a) (b) (c) 076 / 2014

79 (1) (2)(3)(4) ,000,000 1,000, ,000,000 3,000, ,500,000 1,500, ,000,000 1,000, ,500,000 6,500, , , , , ,140,000 8,140, , , ,000,000 8,000, ,375,000 (1,320,000) (5) 48,055, ,215,000 (1,320,000) 78,895,000 /

80 78,895, % (1) (2) % 30% 40% (3) % 70% (4) % 30% 30% (5) / 2014

81 XV (1) 1,310,059, % (2) 1,310,059, % Carlyle Asia Growth Partners III, L.P. 200,769, % CAGP III Co-investment, L.P. 8,931, % CAGP General Partner, L.P. (2) 209,700, % CAGP Ltd (2) 209,700, % (1) ,178,085,000 (2) 100% (3) CAGP General Partner, L.P. Carlyle Asia Growth Partners III, L.P. CAGP III Co-investment, L.P. CAGP Ltd CAGP General Partner, L.P XV /

82 ,400,000 82,000, ,000, ,000, ,400,000 1,170,000, (a) (b) (c) 40% 40% (d) (a) (b) (c) 63.2% 36.8% 60.15%0.52% 080 / 2014

83 /

84 5.7% %18.1% % 3.0% %9.7% % 5% % / 2014

85 /

86 / 2014

87 ,777,648 4,343,105 (2,830,730) (2,595,502) 1,946,918 1,747, , ,218 (798,619) (594,819) (488,391) (415,607) 6 808, ,395 7 (38,352) (32,440) 770, , (284,338) (259,692) 485, , , ,966 7,991 (2,703) 485, , /

88 , ,263 1,543 33,726 1,543 33, , , , ,692 7,989 (2,703) 487, , / 2014

89 , , , , ,751 6, ,172 1, ,000 33, ,206 38, , , , , , ,231,419 1,137, ,520 13, , ,508 21, , , , , ,137,110 3,563,387 6,947,145 6,352, , , , , ,221,662 1,350,637 76,749 71,625 2,350,287 2,355,967 4,596,858 3,996,228 5,514,173 4,950, , , , , , , , ,170 4,710,348 4,507, ,214 19,204 30(a) 4,681,241 4,486,531 4,700,455 4,505,735 9,893 1,904 4,710,348 4,507,639 /

90 (b)30(a)30(a)30(b)30(a) , , , ,471 99,982 5,888 3,513,127 4,255,162 4,274,362 5,419 4,279,781 33, , , ,692 (2,703) 636,989 4,811 4,811 4,811 (812) 3, ,376 14,376 14,376 14, (175,253) (175,253) (175,253) (175,253) (78,658) (78,658) (78,658) (78,658) (174,441) (174,441) (174,441) (174,441) 29(i) 4 1,078 (236) ,747 (28,747) , , , , ,122 39,614 3,666,805 4,486,531 4,505,735 1,904 4,507,639 1, , , ,550 7, , (139,597) (139,597) (139,597) (139,597) (148,137) (148,137) (148,137) (148,137) 29(i) 10 3,128 (683) 2,445 2,455 2,455 63,104 (63,104) , , , , ,888 41,159 3,793,972 4,681,241 4,700,455 9,893 4,710, / 2014

91 , , ,269 43, ,836 4, ,614 7 (41,342) (46,322) 7 38,280 34, ,795 30, ,557 8,792 7 (2,221) 4, , ,628 51,241 5 (115,340) (99,676) 871, ,322 (32,185) 45,908 (466,624) (166,307) (38,187) 35, , ,501 (7,524) 41, , ,395 41,342 46,322 (69,075) (64,731) (332,322) (308,298) 94, ,688 33(i) (106,383) (201,242) 17 (1,473) (784) (95) (27,880) (49,490) (30,956) (157,992) (465,000) 100,000 (110,000) 5 115,340 99,676 3,999 (538,057) (294,223) /

92 ,256, ,857 (955,832) (152,695) 29 2, (287,734) (428,352) 1,760 2,561 17,210 78,217 (426,288) 441,682 3,563,387 3,122, (1,096) 3,137,110 3,563,387 3,137,110 3,563, / 2014

93 ,100,241 1,066, ,070, , ,719 25,561 1,106, , , ,270 41, ,221,662 1,350,637 1,270,404 1,392,418 (163,734) (695,725) 936, , , , , , ,214 19,204 30(b) 299, , , ,280 /

94 (i) (ii) (iii)(i) (ii)(iii) 092 / 2014

95 /

96 (a) (b) (c) (a) (i) (ii) (iii) 094 / 2014

97 (b) (i) (ii) (iii) (iv) (v) (vi) (a) (vii) (a)(i) /

98 / 2014

99 /

100 (a) (b) 098 / 2014

101 /

102 (a)(b) 100 / 2014

103 /

104 / 2014

105 (a) (b) (c) (d) /

106 / 2014

107 /

108 / 2014

109 % /

110 ,042,857 2,246,851 1,687,552 2,011,947 47,239 84,307 4,777,648 4,343,105 * 29,723 55,789 2,813 2, ,340 99, , ,218 4,926,426 4,501,323 * 108 / 2014

111 ,830,730 2,595, ,269 43, ,836 4, , , , ,888 45,951 51, , ,045 15, , ,649 2,920 2,784 4,614 11,079 9, ,628 51, , ,380 7 (2,221) 4, ,113, ,785, ,836, ,434,000 /

112 (38,280) (34,664) (30,795) (30,067) (12,557) (8,792) (283) (665) 41,342 46,322 * 2,221 (4,574) (38,352) (32,440) * ,253 1,260 6,325 6,370 2, ,518 8, ,771 10, / 2014

113 31(a) 31(b) 2014 a) ^ , ,684 2, ,496 6, ,518 b) c) , ,771 /

114 a) ^ , ,414 2,400 1, ,053 6,370 2, ,808 b) c) ,630 2, ,212 ^ 112 / 2014

115 ,000 1,000, ,527 1, ,683 1, , ,077 11,460 5, , , ,000 20, , ,692 /

116 % , , , ,284 (25,659) (22,163) 11,460 5,615 (2,975) (2,409) 71,242 32,574 5% 22,000 20,000 (1,381) (184) 7,650 4, , , ,964, ,260,000 30(b) 114 / 2014

117 ,597 (2) 175,253 (1) ,658 (1) ,137 (3) 174,441 (2) 287, , ,668 (3) 137,572 (2) ,601 (3) 140, ,572 (1) (2) (3) (a) 478,005, ,966,0002,177,346, ,176,547,000 (b) ,005, ,966,0002,196,073, ,195,797,0002,177,346, ,176,547,00018,727, ,250,000 /

118 ,213 34, ,626 32,939 94, , , ,967 36,399 15,236 71, , , (246,755) (49,623) (49,623) (5,113) (172) (831) (16) (6,132) ,902 29, ,677 68, , , ,425 43,885 26,827 48,134 15,371 44, ,325 11,111 1,216 7,307 7,583 13,052 40,269 (686) (104) (723) (5) (1,518) (1) (1) ,996 27,357 55,337 22,231 57, , ,906 1,671 57,340 46,276 53, , , ,213 28,165 91,157 28,908 79, , ,838 5,988 9,469 4,031 15, , ,242 (12) (32) (44) ,213 34, ,626 32,939 94, , ,036 36,900 12,250 41,767 10,516 33, ,906 6,985 14,590 6,367 4,855 10,663 43,460 (13) (28) (41) ,885 26,827 48,134 15,371 44, , ,328 7,314 52,492 17,568 50, , , ,080, ,277, ,069, ,080,000 73,988, ,277,000 7,121, / 2014

119 , ,417 (4,836) (4,847) , ,570 (4,898) (4,898) 215, , ,261, ,261,000 55,751, ,683 1,899 1, ,156 2,683 1,617 1, ,984 1, ,172 1,066 /

120 (i) 48,000 33,000 (ii) 450,000 (i) ,000, ,000,00015,000, ,000, ,000,000 11% 5% (ii) ,099,392 1,066,349 1,100,241 1,066,889 1,070,235, ,703,000 3,472, , / 2014

121 10, * (i) (iii) 830,000, * (i) (iii) 158,000, * (i) (iii) 6,000, * (i) (iii) 50,000, ,000, ,000, ,000, ,000, Xtep International E-Commerce Investment Limited E-Commerce (v) 50, ,000, /

122 (i) (ii) (iii) (iv) 450,000, ,000, ,000,000 (v) E-Commerce 25%700,000560,000 4,300,0003,439,000 3,999,000 (vi) ,000,000 * (vi) , ,396 42,659 55, , , , , ,487,466 1,266,362 (a) (256,047) (128,419) (b), (c) 1,231,419 1,137,943 (d) 258,520 13, / 2014

123 (a) ,419 77, ,628 51, , , ,421, ,971, ,047, ,419,000 (b) , , , , , , ,231,419 1,137,943 (c) , , , , , ,407 1,231,419 1,137,943 /

124 (d) , ,500 13, ,520 13, , , , ,084 10,206 10,111 28, ,568 95, ,818 7,507 2, , , (10,206) (38,871) 423, , / 2014

125 ,351,240 1,060,762 * 2,642,029 3,327,828 35,719 25,561 3,993,269 4,388,590 35,719 25, (715,505) (686,445) ** (28,455) (28,455) 24 (2,199) (303) (746,159) (715,203) * (110,000) (110,000) 3,137,110 3,563,387 35,719 25,561 * 110,000, ,000,000 48,280, ,220,000 ** 2,600,366, ,297,077,0001,351,240, ,060,762, /

126 , ,113 81,869 45,539 47,078 38, , ,506 9,850 3, , , ,850, ,512,0002,199, , ,240 71,429 46,878 51,575 1,425 1, ,002 13,981 16,194 13,981 16, , ,487 29,864 23, , ,687 45,270 41,200 2,221, ,574, / 2014

127 (%) (a) +2.2% (b) +1.5% 2.25% (a) +2.2% , ,895 1,221, ,367 1,839, (%) (a) +3% (b) +1.5% 2.25% (a) +3% , ,004,697 1,350, ,884 1,525, ,221,662 1,350, , ,884 78,169 1,839,029 1,525,521 /

128 (a) 452,400,000358,029, ,400,000111,070,00092,000,000564,409, ,000, ,660,000 (b) (i) 715,505, ,445,000 (ii) 700,000,000553,980, ,000,000553,770,000 (iii) 110,000, ,000,000 48,280, ,220, ,356, ,583, , , ,453 (54,205) 10 22, ,248 10% % 10% / 2014

129 , ,833 (49,623) , , ,833,000 49,623, ,000,000, ,000, ,629 2,178,085, ,781 19, ,000,000, ,000, ,629 2,176,765, ,768 19,204 /

130 ,176,315,000 21,763 19,200 (i) 450, ,176,765,000 21,768 19,204 (i) 1,320, ,178,085,000 21,781 19,214 (i) ,320, , ,320, , ,102,0002,455, ,058,000846,000 10, ,0002,445, , ,000683, ,000236, / 2014

131 30. (a) (i) (ii) 50% (iii) 2.4 /

132 (b) ,094 99,982 (100,447) 540, ,607 (65,260) (65,260) (13,137) (13,137) (13,137) (65,260) (78,397) 31(b) 14,376 14, (175,253) (175,253) (78,658) (78,658) (174,441) (174,441) 1,078 (236) , ,122 (113,584) 47, , ,329* 408,329 (639) (639) (639) 408, ,690 31(b) (139,597) (139,597) (148,137) (148,137) 3,128 (683) 2, , ,888 (114,223) 167, ,926 * 480,293, / 2014

133 (a) (a) 20% (b) 19,000,000 (c) % 30% 40% (d) (e) /

134 ,000, ,170, * ,995, * ,600, * ,765,000 * % ,815,000 16,765, % 16,765, , ,00054,151,00042,855,000 (b) / 2014

135 30% 12 1% (1) (2) (3) , , (1,320) 2.35 (450) , , , ,376,000 /

136 ,320, , ,320, , ,640, ,000, ,000, , , , , , , ,000, ,000, ,155, ,000, ,000, ,895, ,640, ,000, ,000, , , , , , , ,000, ,000, ,475, ,000, ,000, ,215, / 2014

137 78,895,000 78,895,000789, , ,679,000191,265,000 78,895, % (i) ,760,000 (ii) 49,623, ,957, ,956, /

138 ,156 7,566 1,265 1,187 10,790 10,951 2,685 3,124 3,060 22,070 21,577 3,950 1, ,732 40,040 35,281 42, , ,246 11, , , , , , , / 2014

139 ,325 6,370 2, ,518 8, ,000 33,000 1,231,419 1,137, ,520 13,000 7,507 2, , , , ,000 3,137,110 3,563,387 5,490,715 5,542,474 5,988,715 5,575,474 /

140 , ,926 13, , ,042 1,839,029 1,839,029 13,981 2,677,016 2,690, , ,018 16, , ,525 1,525,521 1,525,521 16,194 2,255,870 2,272, ,070, ,703 35,719 25,561 1,105, , / 2014

141 2014 3,472 3,472 13,981 29,573 43,554 1,839,029 1,839,029 13,981 1,872,074 1,886, ,194 23,940 40,134 1,525,521 1,525,521 16,194 1,550,042 1,566,236 /

142 ,140, ,330, ,380, ,000,000918,140, ,330, / 2014

143 /

144 (18,525) (100) 18, (15,310) (100) 15, , , , ,042 1,222, ,294 1,889,936 2,074, ,294 2,741, / 2014

145 , , , ,525 1,375, ,620 1,552,491 2,122, ,620 2,299, ,472 3,472 43,554 43,554 1,222, ,294 1,889,936 3,957 3,957 1,273, ,294 1,940, ,134 40,134 1,375, ,620 1,552,491 3,956 3,956 1,420, ,620 1,597,162 /

146 ,137,110 3,563,387 1,839,029 1,525,521 1,298,081 2,037,866 4,710,348 4,507, / 2014

147 % 36.8% /

148 / 2014

149

150 XTEP INTERNATIONAL HOLDINGS LIMITED

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