Termination of Contract with Mr. Zhang Jike

We hereby announce the conclusion of our advisory contract with Mr. Zhang Jike, which has been in effect since 2009. During his tenure with Butterfly, Zhang Jike achieved numerous remarkable results and played a leading role in the global table tennis community.

- Gold Medalist in Men's Singles at the 2012 London Olympics
- Men's Singles Champion at the 2011 World Championships in Rotterdam
- Men's Singles Champion at the 2013 World Championships in Paris

Due to commercial constraints, we have decided to bring the contract to its conclusion. Zhang Jike commented: “Over the past 15 years, Butterfly has provided me with top-level support, which enabled me to achieve outstanding results.”
We sincerely appreciate Zhang Jike for his years of collaboration and for the inspiration he has brought to table tennis fans all over the world. We extend our heartfelt wishes for his continued success in the future.

Further information regarding the future sales of products associated with Zhang Jike will be provided at a later date.