CICC published a research report statingwynnslots, Xtep plans to use 1wynnslotsUS$51 billion sold to the controlling shareholder Ding family, which owns the K-Swiss and Palladium brandswynnslotsKP Global. After the transaction is completed, the company plans to declare a special dividend.

The bank said that if the transaction can be implemented, it expects the company's profitability to improve significantly. In addition, after KP Global issued convertible bonds to the company, it is estimated that the company will receive more than US$5 million in interest income from KP Global every year. After deducting interest payments, the company may receive an additional more than 20 million yuan in annualized interest income.

The bank said that considering that the transaction has not yet been implemented, it temporarily maintains the company's 2024 and 25 earnings per share forecasts at 0wynnslots. 45 yuan and 0.52 yuan, maintaining its "outperform industry" rating, and raising its target price by 20% to HK$6.58.