This Chinese shoe factory will be evacuated from Myanmar! A shoe factory in Vietnam suddenly caught fire.
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This Chinese shoe factory
Will be moved from Myanmar to Cambodia
Recently, according to the Phnom Penh Post of Cambodia:
On March 13th, during the meeting, Hou Chao Huy, CEO of Alvin Su (Cambodia) Footwear Industry, told Mr. Ith Sam Heng, Minister of Labor and Vocational Training of Cambodia, that due to the political crisis in Myanmar, he decided to move Alvin Su Shoe Factory with a base there back to Cambodia for investment. "The decision to move the factory to Cambodia depends on Cambodia's peace, political stability, rapid development and many policies," he said.
The chairman of the board of directors of Alvin Su Shoes Company also revealed that he intends to seek support for the establishment of the factory. Cambodia's footwear industry, located in Samrong Tong Commune, Samrong Tong District, Kampong Speu Province, is expected to open in June.
In this regard, Mr. Ith Sam Heng thanked Mr. Hou Chao Huy for his trust in Cambodia and welcomed all investors to invest here.
At the meeting, the chairman of the board of directors of Alvin Su Shoes Company also told Mr. Ith Sam Heng about the company's history. The company needs nearly 1,000 workers and produces 700,000 pairs of shoes every month for export to Europe and the United States.
Source: many media
Photo: Video screenshot
A shoe factory in Vietnam suddenly caught fire.
On March 20th, a fire broke out in a shoe factory in Nansa County, Haiyang Province, Vietnam.
At about 11 am, a fire broke out in a factory in Dongtong Village, Guotuan Commune, Nansa District. This is a factory that produces leather shoes, so the fire spread quickly.
After receiving the news, Haiyang Provincial Public Security Fire Bureau dispatched five fire engines and officers and men to the scene to put out the fire. At the same time, mobilize Anfa Holding Co., Ltd. for additional means and fire fighting power.
By about 11: 30 am, the fire was basically controlled. The workers in the factory found the fire and ran out immediately. The fire did not cause any casualties.
At present, the authorities are assessing the losses and investigating the cause of the fire.
According to the preliminary information of the local government, the factory is in the stage of installation completion and will be put into production soon.
Shoes sold 13.4 billion yuan.
Ten years of R&D investment exceeds 3 billion yuan.
For Li Ning, who insists on the strategy of "single brand", his business covers shoes, clothes, equipment and accessories, mainly footwear.
In 2023, the revenue proportion of Li Ning's footwear business increased from 43.9% in 2019 to 48.5%, and the business scale also increased from 6.1 billion yuan in 2019 to 13.4 billion yuan.
Technology research and development represented by sports shoes has driven Li Ning's R&D expense rate to increase from 2.1% in the previous year to 2.2%, and the actual input expense has increased from 534 million yuan to 618 million yuan, up 15.73% year-on-year. In the past decade, Li Ning's single brand R&D investment has exceeded 3 billion yuan.
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