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ry's future is still much room for development. Furthermore urban residents consumption has dominated sporting goods from low to high-grade direction, especially rural residents have entered the well-off standard of living in rural areas of middle and low consumption of sporting goods will gradually form new requirements. Edit the local situation of the local sports brand in paragraph 361 of the latest operating performance indications are significant decline in the first quarter ended March 31, 2013 results, it is expected interim net profit as of June 30, 2013 will be significantly affected. It is worth noting that the 2013 Winter orders will be held at the company's recent winter compared with last orders, orders decreased by about 17% [1]. 361 degrees, mainly due to the net change in operating performance is significantly reduced orders recent orders will be obtained, increased production costs and competition led to the group's gross profit margin decline, and all tax concessions enjoyed by the expiry of the Group in the past, resulting in an effective tax rate increased. And from several local sports brand recently released bulletin, the widespread decline in orders, the phenomenon of falling profits, local sports brand road to recovery is still far away. Xtep 
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