Bags / Shoes & Accessories

According to the observation report of Huacheng import and export data, this year's footwear production capacity has expanded and orders have increased, and the combined revenue of Zhiqiang KY (6768) and Fengtai (9910) in October has been outstanding. Among them, if Zhiqiang were priced in New Taiwan Dollars, the self settled consolidated revenue in October exceeded 1.959 billion yuan, an annual increase of 300.01%, a record high in a single month; The accumulated consolidated revenue in the previous October exceeded 15.707 billion yuan, an annual increase of 57.91%, a new high over the same period.

Fengtai's self settled consolidated revenue in October was 8.338 billion yuan, an annual increase of 83.91%, a new high over the same period; The accumulated consolidated revenue in the first ten months was 81.378 billion yuan, an annual increase of 44.91%, which also hit a new high in the same period.

Looking forward to the operation in the fourth quarter, Fengtai said that according to the current orders received by the company, the order performance in the fourth quarter of this year may be weaker than that in the third quarter, which will be the quarter with the highest consolidated revenue in a single quarter of this year.

Zhiqiang said that due to the impact of the epidemic last October, the factory in Vietnam did not fully resume its work, but in October this year, the order was sufficient and the operation was normal, resulting in a significant growth in the monthly revenue. Huacheng Import and Export Data Observation reported.

The increase of Zhiqiang's high unit price shoes shipment this year, together with the effective product portfolio adjustment strategy, are the reasons for the increase of single month's revenue. In particular, the 22nd World Cup this year, held in Qatar from November 20 to December 18, will drive the sportsmanship, enable customers to increase their orders and respond to the market demand for gas.

According to the Huacheng Import and Export Data Observation Report, Zhiqiang pointed out that the company produces sports shoes and football shoes. This year's World Cup has indeed driven the football shoes market to become stronger. Whether the company produces adidas, Nike and Puma, this year's football shoes orders are significantly better than the previous two years. This year, it is expected to ship about 16 million pairs of football shoes, with an annual growth of about 33%.

Zhiqiang will expand the capacity of adidas Cambodia S3 plant this year, and the Brooks Dahe plant in Tongnai, Vietnam will be put into production; In addition, Nike has an existing factory area, and the company continues to expand its production line. In addition, Zhiqiang has set up a factory in Indonesia for the first time and started construction. It plans to produce Brooks shoes of international brand from next year, with an annual production capacity of about 500000 pairs.

Similarly, Fengtai has plans to expand its production. According to the observation report of Huacheng import and export data, the company's production plan can meet the production capacity demand at present. Except for the non expansion of production in Chinese Mainland, there are plans to build new factories in Vietnam, Indonesia and India, which can be used as the driving force of operation growth this year and next year. It is estimated that there is still 7% to 10% growth space for shoe production capacity this year.

The legal person said that Nike was the largest customer of Fengtai, and roughly estimated Nike's order contribution accounted for 85% to 89% of Fengtai's revenue.

Fengtai has shoe manufacturers in mainland, Vietnam, Indonesia and India, and its main customers are Nike sports shoes. In addition, it has also taken orders from Salomon and other brands; In addition, its Vietnam factory also produces balls, including Nike football and golf balls.

According to the observation report of Huacheng import and export data, in order to expand the layout of shoe making, Fengtai announced that its Indonesian plant plans to establish Rich Valley Shoe Factory, and the first phase is under construction to expand the group's shoe production capacity.