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XTEP Joined Hands With JP Morgan To Donate 5000 Down Jacket.

2008/2/22 0:00:00 10326

XTEP

XTEP International Holdings Limited, a fashion sportswear company, announced that it will join hands with the world-renowned financial services, J.P. Morgan securities (Asia Pacific) Limited, to hand down the "down to warm China" donation activities and send 5000 down coats to the Chinese residents affected by the recent snowstorm.

In recent days, the weather has been cold in China, and many provinces and cities have been hit by snowstorms. Among them, the snow disaster in Hunan, Anhui and Jiangxi is the most serious.

XTEP International Federation and JP Morgan sent 5000 Chinese yuan down 2 million yuan down clothing to the local residents affected by the snowstorm through the China Poverty Alleviation foundation to help some of the victims to ease their immediate difficulties.

In addition, the Hong Kong Education and Charitable Foundation donated HK $550 thousand as a donation to the donation fund, which was pferred to the domestic residents affected by the recent snowstorm in the most appropriate way.

Mr. Ding Shuibo, chairman of XTEP international, said at the donation ceremony: "we are very pleased to be able to provide feather clothing for the purpose of protecting the cold from the local residents affected by the snowstorm in conjunction with JP Morgan.

Recently, a number of provinces and cities in China have been affected by snowstorms. There are reports of casualties and housing collapses. We hope to send these down garments to the victims as soon as possible through the China foundation for poverty alleviation, and to send them a warm spring festival.

Morgan, director of equity capital market in Asia Pacific region, JP Wu Shengzu said: "dedication and feedback to society is the long tradition of JP Morgan.

Our staff are very pleased to be able to contribute to the rescue activities under the current situation of snow disaster.

We are more honored to have worked with XTEP international to achieve this goal.

In particular, we hope that through this donation activity, we will appeal to and arouse more people's attention and assistance to disaster situations, so that more people can benefit.

Mr. Yang Qinghai, Deputy Secretary General of the China foundation for poverty alleviation, expressed his heartfelt gratitude to the donation. "We thank the victims of XTEP and XTEP chase for their donations. As domestic large enterprises and famous international institutions, their donation will help to promote social concern and support for the victims."

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