DGAP-News: Ming Le Sports AG / Key word(s): Contract Ming Le Sports signs supplier agreement for international sales 03.09.2013 / 08:31 --------------------------------------------------------------------- Ming Le Sports signs supplier agreement for international sales Frankfurt, September 03, 2013 - Ming Le Sports AG, a rapidly growing branded sportswear company in China, signed a first contract as supplier with the two Chinese export companies Xiamen Baoxin Co. Ltd. and Jinjiang Dongyu Trading Co. Ltd. The contract comprises the production of footwear as Original Equipment Manufacturer (OEM) for established international brands and has an estimated value of 50,0 million Renminbi (approx. 6,1 million Euros). According to the agreement, the Ming Le products will be sold via the two trading houses to South America, Europe and Asia in the period from October to December 2013. These sales are a first step of Ming Le into the international markets. 'We're very happy about this promising new contract with the two trading houses in our neighbourhood. This will represent our first significant sales to international market. Our strategy is to - step by step - establish an international reputation as a high quality manufacturer of footwear', says Siliang Ding, CEO of Ming Le Sports. Xiamen Baoxin and Jinjiang Dongyu are Chinese trading companies, which import and export various types of shoes worldwide. Just as Ming Le, both companies are located in the South Eastern province of Fujian. Fujian is known as one of the largest production locations for sport shoes in China. About Ming Le Sports AG Ming Le Sports AG is a rapidly growing branded sportswear company in China targeting 16 to 35-year-old men and women who lead an urban, vibrant and active lifestyle. Ming Le's products include footwear, apparel, accessories and equipment. The company strives to offer comfortable, fashionable and affordable lifestyle and leisure sportswear. Ming Le designs its own products and manufactures them at Ming Le's facilities or through contract manufacturers. Ming Le markets and sells its products through a network of 26 distributors to over 4,000 retail outlets in China. At present, Ming Le has 1,393 employees. For further information, please contact: Kirchhoff Consult AG Anja Ben Lekhal Tel: +49(0) 40 609 186 55 Mail: [email protected] Or visit http://www.mingle-sportswear.com Disclaimer concerning prognoses This communication contains forward-looking statements Forward-looking statements are statements that are not historical facts instead they reflect the current views and expectations of Ming Le Sports and the assumptions underlying them about future events. Forward-looking statements are subject to many risks and uncertainties. If any of such risks and uncertainties materialize or if the assumptions underlying any of the forward-looking statements of Ming Le Sports are proving to be incorrect, the actual results of Ming Le Sports may be materially different from those expressed or implied by such forward-looking statements. Ming Le Sports does not intend or assume any obligation to update these forward-looking statements. Any forward-looking statement speaks only as of the date on which it is made. End of Corporate News --------------------------------------------------------------------- 03.09.2013 Dissemination of a Corporate News, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- Language: English Company: Ming Le Sports AG Westhafenplatz 1 60327 Frankfurt am Main Germany Internet: www.mingle.cn ISIN: DE000A1MBEG8 WKN: A1MBEG Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf End of News DGAP News-Service --------------------------------------------------------------------- 228720 03.09.2013