About MULSANNE GROUP Company

Musang Group Holdings Limited (the “Company”, “the Company”, “we” or “us”, together with its subsidiaries the “Group” or the “Musang Group”) is a leading menswear fashion company headquartered in China, and also covers the neutral fashion sector. With our experience and execution capabilities in the fashion industry, we optimize our brands and seize future market opportunities. Our founder first launched the flagship brand GXG products in 2007, and we introduced GXGJEANS in 2010 to cater to different menswear styles. In 2020, we launched MODECOMMUTER, a brand that focuses on high-quality commuter clothing, further strengthening the Group's brand lineup. Each of our brands has a unique design identity and includes a range of products, offering a variety of cuts, fabrics, styles, styles, and price points to appeal to a broad range of consumers. We adopt an integrated omni-channel business model, take advantage of online and offline advantages to provide customers with a seamless and consistent shopping experience, and improve efficiency in inventory management, supply chain management, product selection and logistics. Based on our in-depth understanding of customers, we adopt a customer-centered model to provide customers with a one-stop shopping experience. We provide similar product categories and uniform prices, shared inventory, and flexible and efficient logistics support through online and offline channels. Furthermore, by analyzing big data from online channels and offline retail stores using a product lifecycle management system, we can accurately calculate demand levels and quickly respond to the latest market trends by adjusting production and inventory plans, which is particularly important for our inventory control and supply chain management. New retail has become a major trend in China's apparel industry in recent years. Major Chinese fashion brands, including us, have adopted new retail business models and incorporated innovative initiatives, and we are leaders among many brands in terms of new retail integration.