Yuyuan Group Will Allocate $37 Million For Employees' Welfare In Dongguan Shoe Factory.

< p > according to foreign reports, < a href= "//www.sjfzxm.com/news/index_c.asp" > Taiwanese shoes shoes > /a > acting industry and Commerce -- Yuyuan Industrial (Group) Co., Ltd. said that the board expects to make an allowance of about $37 million in the interim performance report on the payment of employees' welfare benefits in Dongguan Gao Gao shoe factory.

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< p > 4 in the middle part of the month, part a href= "//www.sjfzxm.com/news/index_c.asp" > GAO shoes factory < /a > employees launched a strike to try to adjust the social security fund and housing provident fund (collectively known as employee benefits). After that, Yu Yuan agreed to adjust the staff welfare benefits of the factory since May 1st according to the relevant local government policies, and may have a significant impact on the financial performance of the group.

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"P" Yu Yuan said in a statement on the stock exchange on Tuesday evening that according to the existing information of the board, the provision of about $37 million is expected to be made for the related employees' benefits payment, which will be reflected in the consolidated financial statements for the six months ended June.

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< p > the company has announced that the first quarter of this year, a href= "//www.sjfzxm.com/news/index_c.asp" > net profit < /a > is US $70 million 200 thousand, an annual growth of 14%.

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< p > Yuyuan is a subsidiary company of Taiwan Baocheng industry holding 49.98%. It is the main sports brand Nike and Adidas.

Gao Yu shoe factory makes Yuhua yuan's brand sports shoes factory.

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After entering P in twenty-first Century, as the manufacturing cost of the Pearl River Delta in the world's largest shoemaking base has risen rapidly, some foreign shoe enterprises that have been rooted in the PRD for many years have started a new wave of outward migration to Vietnam, India, Bangladesh and other Asian countries.

There are also some moving inside, the emergence of "South shoes north, East shoes westward shift" spectacular scene.

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Less than P, Nike, Adidas and other OEM footwear production giant Baocheng industry has moved to the central and western regions of Anhui, Jiangxi and Henan, and has moved to Southeast Asian countries. The production lines in Vietnam and Indonesia have increased year by year, while production lines in the Pearl River Delta are gradually decreasing.

Among them, in 2012, 51 production lines were cut down in mainland China, and the production lines in the Pearl River Delta region were greatly reduced.

Adidas, a professional Taiwanese foundry company that manufactures Adidas sports shoes, set up factories in Guangzhou in 1991. After that, the factory moved to Qingyuan to set up Wan Guo shoes (fresh) Co., Ltd., and then set up factories in 2006.

Brazil international trader, Monte Monte has pferred half of Dongguan's business to Sichuan, Qingdao and other places, and has also built a shoe-making production line in Chongqing.

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Zhou Shijian, executive director of the China International Trade Association, interviewed the first Financial Daily reporter, describing the fate of the labor-intensive OEM products such as the shoemaking industry with "no alternative but to spend".

He thinks that processing trade has completed its historical mission, and primary processing is doomed to be eliminated.

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< p > Zhou Shijian said that the world's industrial pfer will not stop. The leather shoes on the American market, in 1976, 53 pairs of 100 pairs were produced in the US, while in 2006 only 1.5 pairs were left. The shoe industry basically "euthanasia".

China's low-end footwear industry is also unable to escape this fate. The world's shoe making pattern is being highly concentrated in China and gradually diverted to Southeast Asia and other regions.

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