Page 1

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement , make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement . VA VIVA CHINA VIVA CHINA HOLDINGS LIMITED 非凡 中國 控股 有限公司 ( Incorporated in the Cayman Islands with limited liability ) ( Stock Code : 8032 ) 2021 THIRD QUARTERLY RESULTS ANNOUNCEMENT The board ( the " Board " ) of directors ( the “ Directors " ) of Viva China Holdings Limited ( the " Company " ) announced the unaudited consolidated results of the Company and its subsidiaries ( the " Group " ) for the nine months ended 30 September 2021 . FINANCIAL HIGHLIGHTS With the contribution from the Group's multi - brands apparels and footwears segment through the organic growth of LNG brand and the acquisition of Bossini International Holdings Limited ( " Bossini " ) in late July 2020 and the recovery of sports experience segment from the pandemic , the Group recorded consolidated revenue of HK $ 980.1 million for the nine months ended 30 September 2021 , which represented a year - on - year increase of HK $ 559.2 million or 132.9 % . For the nine months ended 30 September 2021 , net profit attributable to equity holders recorded a year - on - year increase of HK $ 2,242.5 million to HK $ 3,456.6 million . The significant increase was mainly attributable to the gain on disposal of partial interest in an associate of HK $ 3,338.8 million in the current period ( the corresponding period in 2020 : HK $ 1,023.0 million ) . OPERATIONAL UPDATES The Group has been paying close attention to the economic development to further increase its sales scale . By targeting on Generation Z and other “ prime consumer groups ” that possess huge consumption potentials and lead the trend , it intends to promote its apparels and footwears business that features with multi - brands and multi - categories . In particular , Bossini , a well- known lifestyle apparel brand of the Group , developed “ Bossini.X ” , a new brand positioned as a street fashion brand . The new collection were launched in the third quarter of 2021 and new stores were opened in the major cities in the North , Central and East parts of Mainland China . Since " Bossini.X " is a brand new product line and positioning , more investments in channels and market testing are required in the future to lay the foundation for the new development of such brand . LNG , a luxury apparels and footwears brand acquired and developed by the Group , continued to grow during the period , which contributed momentum to the future revenue growth . The eponymous League of Legends e - sports team LNG was qualified for the world championship in the League of Legends Pro League ( LPL ) during the period . The upsurge of this e - sport is expected to increase the market recognition of LNG apparels and footwears . In a view to improve operational efficiency and leverage the synergy generated with internal resources , the Group is working on the establishment of a sourcing platform and an e - commerce platform , and the e - commerce and sourcing platforms are able to create synergy with the existing business due to the increasing brands owned by the Group . On 3 November 2021 , the Group entered into a sales and purchase agreement pursuant to which it conditionally agreed to purchase the entire issued share capital of Sitoy AT Holdings Company Limited which owns a century - old Italian luxury leader label brand , Amedeo Testoni ( formerly known as " a . testoni " ) and its diffusion line i29 . After the completion of the transaction , the Group will enrich its brands portfolio , further expand its multi - brand of apparel and footwear consumable goods segment , and may increase its consolidated revenue . − 1 -