Huali Group (300979.SZ): The new factory in Indonesia that started production in the first half of the year has already started shipping.

On July 12th, GeLonghui reported that Huali Group (300979.SZ) disclosed an investor relationship activity record, showing that the new Indonesian factory that will start production in the first half of 2024 has begun shipping. Currently, the operational control indicators for the Indonesian factory have not been introduced. After the Indonesian factory has been in operation for some time, a comparison will be made between shoes of the same style produced in Vietnam and Indonesia to see if there is a large difference, and to explore improvement solutions.

Gelonghui FinanceJul 11 19:21 ET

Huali Group (300979.SZ): The company basically controls the capacity utilization rate at 85% or above.

On July 12th, Geelonghui disclosed the investor relations event log of Huali Group (300979.SZ), which showed that the company's production capacity will have some elasticity and the company will basically control the capacity utilization rate above 85%. At present, the production scheduling of various factories in the group is relatively tight, and the employees' overtime hours will also be higher than last year. The factory's production capacity utilization rate is higher than last year, and the specific data will be disclosed in the semi-annual report.

Gelonghui FinanceJul 11 19:20 ET

Why Huali Industrial Group Company Limited (SZSE:300979) Could Be Worth Watching

Huali Industrial Group Company Limited (SZSE:300979), is not the largest company out there, but it received a lot of attention from a substantial price movement on the SZSE over the last few mont

Simply Wall StJul 4 21:08 ET

Huali Group (300979.SZ): The factory in Indonesia has just started production. At present, the operation indicators for factory management and control have not yet been introduced.

On July 4th, Gelunhui reported that when receiving institutional investors, Huali Group (300979.SZ) said that compared to Vietnam, the wage levels in Indonesia are lower; from the perspective of per capita efficiency, there will be a gap between Indonesian factories and mature factories in Vietnam. The company's factory in Indonesia has just started production, and the operation and control indicators of the factory have not yet been introduced. After the Indonesian factory has been in operation for some time, the same type of shoes produced in Vietnam and Indonesia will be compared to see if the gap is too large and to explore improvement solutions.

Gelonghui FinanceJul 3 19:30 ET

Huali Group (300979.SZ): Currently, the company's mass production factories are mainly located in Vietnam.

Huali Group (300979.SZ) stated during a recent visit with institutional investors that its production factories are mainly located in Vietnam. The shoe industry is a labor-intensive industry, with products mainly sold to overseas regions such as Europe and America. Factory locations are chosen by considering factors such as abundant labor resources, convenient marine transportation and logistics, local business environment, international trade environment, and more. Taking into account multiple factors, the company plans to establish a large-scale production capacity base in Indonesia.

Gelonghui FinanceJul 3 19:28 ET

Huali Group (300979.SZ): The production capacity scheduling of various factories in the group is relatively tight.

Huayi Group (300979.SZ) recently stated in an investor research meeting that based on the Q1 financial report released by the company, the company's orders have recovered from the period in which customers reduce inventory, and there are no negative factors affecting the order situation in Q2. The production schedules of all group factories are relatively tight and employees' overtime hours will be higher than last year, and factory capacity utilization rate is higher than last year. Specific data will be disclosed in the semi-annual report.

Gelonghui FinanceJul 3 19:27 ET