Xtep International Holdings Limited (1368) disclosed plans to repurchase an aggregate principal amount of HK$500 million in 1.5% convertible bonds due 2026. According to the announcement, these 2025 Convertible Bonds are expected to be repurchased on the Settlement Date, after which they will no longer be outstanding as of 6 February 2026. The last trading day of these bonds on the Vienna Stock Exchange is anticipated to be on or around 6 February 2026, followed by a delisting around 10 February 2026.

The conclusion of this repurchase is subject to the satisfaction or waiver of conditions specified in the Dealer Manager Agreement. The agreement may be terminated under certain circumstances, and the company urged caution in dealing with its securities while the repurchase remains subject to completion.