PEAK Plant Moved To Inland &Nbsp; Solve The High Cost Problem.

May 18th hearing Peak (01968) chief executive Xu Zhihua said the company expects to move inland coastal plants to inland areas to reduce wage costs. He estimated that as of now, the mainland's wage cost has increased by about 10%, and has steadily risen, and the price of products will increase accordingly. The company is located in Heze, Shandong, which is mainly a new factory for garment production. It will be put into operation next year.

Regarding the opening of retail stores, he pointed out that the company had opened more than 200 stores in the first quarter, mainly in two or three tier cities. Exclusive shop The company hopes to achieve the goal of opening large stores in small areas.

In addition, he also revealed that this year's company's Advertisement The cost has increased by 10-11% per year, and for the Olympic Games held next year, the company has signed sponsorship with 5 delegations, and the investment is also within the budget.