The shortage of cabinets has not affected the shipment of spring and summer shoes next year
Shoemaker Yuqi is still affected by the shortage of cabinets in the fourth quarter, its shipment pace and revenue recognition. However, under the customized order production model, customers of various brands are still The company will pull goods as soon as possible according to the contract. The company said that the delay in pulling goods will not affect the shipment performance of spring and summer shoes in 2021. At the same time, the optimistic judgment will not affect the enthusiasm for placing orders for autumn and winter shoes in 2021. There will also be many orders in 2021. New brands join the ranks of development and mass production.
Looking forward to 2021, Yuqi will continue to adopt the main business strategies of steady expansion of production capacity, flexible decentralization of production bases, and diversification of mass-produced brands. At present, the group has more than 40 internationally renowned brand customers. Yuqi pointed out that in 2021, Many new brands will continue to join the ranks of development and mass production. In addition, in order to meet the diverse needs of new and old customers, Yuqi will also continue to accelerate the introduction of automated production and the development of new shoes, with an annual growth rate of 15%~ 20% pace and steady expansion of production capacity.
