Xtep to donate another ¥100m in support of rural youths
Athletic footwear group Xtep, headquartered in Hong Kong, has agreed to extend its strategic cooperation with Beijing-based China Next Generation Education Foundation by another four years, according to local media.
Immediate plans for their continued partnership include a donation of another $14 million (¥100 million) worth of sports equipment by Xtep, which the non-profit will use to encourage the “healthy development” of youth sports participation in more rural and remote parts of China.