Dongguan Yuyuan Shoe Factory Has A Large-Scale Suspension Of Nike Brand Orders Or Affected.

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< p > > due to disputes such as social security, "a href=" http://sjfzxm.com/news/index_f.asp "Dongguan Yuyuan shoe factory < /a > massive stoppage, many factories in Yuyuan shoe factory located in Dongguan Gao Gao town are in a state of rest today (15).

Now let's look at the details of the world's clothing and shoe net.

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< p > Dongguan Yuyuan shoes factory is part of the world's largest "a href=" http://sjfzxm.com/news/index_f.asp "sports shoes < /a > manufacturer Taiwan Baocheng group. Baoji has become the world's more than 60 brand foundry of Nike, Adidas, Reebok, New Balance, Puma and so on. It accounts for about 20% of the global sports shoes and casual shoes Market (wholesale price) share, and Nike, Adidas and other sports shoes customer's order production may be affected.

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< p > Dongguan Yuyuan shoe factory, an employee interviewed 15 days ago, said that the work stoppage was due to the fact that Yuyuan shoes factory did not fully purchase workers' social security for workers. According to the provisions of the Dongguan Social Security Bureau, the workers' social security should include work-related injury, pension, medical treatment, unemployment and maternity insurance. The rate of social insurance payment stipulates that enterprises need to pay 11% of their employees' total income and 8% of their employees' personal expenses.

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In an interview with the reporter of the first finance and economics Daily, P > a href= "http://sjfzxm.com/news/index_f.asp" > Yu Yuan shoe factory has more than forty thousand employees. The local relevant government departments are in coordination, and hope Yuyuan shoe factory can be reworked as soon as possible. If the large-scale shutdown continues, it will likely affect the production schedule of Nike and Adidas and other sports shoes customers.

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< p > because of the rising labor costs and other factors, Baocheng has continuously pferred production lines to Southeast Asia in recent years and cut 51 production lines in mainland China in 2012, accounting for about 20% of its production line on the mainland.

Baocheng recently announced its 2013 performance, which was affected by the change of its 00551.HK and Baosheng international accounting year. Baocheng consolidated revenue of NT $226 billion 665 million last year, a decrease of NT $276 billion 108 million compared with last year's consolidated revenue. However, in the same 12 month base period, Yuyuan Industrial Co., Ltd., an important subsidiary of Baosheng Group, gained 7 billion 582 million US dollars in revenue last year, representing 4.1% growth compared with 7 billion 281 million US dollars last year, reflecting the steady growth of shoemaking and sporting goods business.

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Less than P, however, Baocheng also said that although the consolidated revenue performance of Baocheng has remained stable for the past year, because the wage costs continue to rise, and the capacity pfer and adjustment of the shoe making business affect the short-term operational efficiency, the other channel business is due to discount activities to stimulate sales volume in the consumption market of Chinese sports goods.

As a result, the combined gross operating rate and consolidated net operating interest rate for the past year were 22.3% and 4.5%, respectively, representing a decrease of 23.6% and 5.8% compared to last year. The combined operating margin and consolidated net operating profit last year were 50 billion 528 million yuan NT $10 billion 99 million and NT $10 billion 99 million respectively.

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