POU SHENG INT'L (03813) has been notified by Nike that the group's sales of Nike products on online platforms in mainland China will be completely discontinued starting in 2027.
Bao Sheng International (03813) announced that the Group has received notification from Nike that the Group's current sales of Nike products on online platforms in mainland China will be completely terminated from January 1, 2027.
POU SHENG INT'L (03813) announced that the group has received notice from Nike that the group's sales of Nike products on online platforms in mainland China will be fully terminated starting from January 1, 2027.
During the fiscal year ending on December 31, 2025, revenue from sales of Nike products on online platforms contributed approximately 15% to the group's total revenue, but the contribution to the group's profitability was not significant.
The group will continue to work closely with Nike to jointly optimize the market channel ecosystem and create a higher quality experience for consumers.
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