Facing the Industry Truth and Foreseeing the Future of the Footwear Industry

     Huali stated, "There have been no order cancellations or reductions by customers, and the company has not received any notice from customers to adjust the delivery plan."

    On the evening of April 13, 2025, the research minutes disclosed by Huali Group, a major shoe - making supplier for Nike, showed that:

    The company currently has a normal order volume, and all its factories are operating normally to ensure on - time delivery.

    Huali said, "There have been no order cancellations or reductions by customers, and the company has not received any notice from customers to adjust the delivery plan."

    In addition, Huali Group also mentioned that in the past, tariffs were borne by brand customers (importers).

    If tariffs increase significantly this time, and brand customers transfer all or most of the tariffs to consumers, it is likely to affect the purchasing intentions of some consumers.

    Brand customers may also discuss cost - related issues with sports shoe manufacturers. However, manufacturers have limited net profit margins, and the pressure faced by manufacturers with different profitability levels will vary.

    Huali stated, "The company has developed different response plans according to the different situations of the additional tariffs imposed by the United States on Vietnam and maintains close communication with customers."

    At the same time, Huali Group indicated that despite the increasing uncertainty in the current global trade environment, the construction of new factories in Indonesia will still proceed as scheduled, and several new factories will be commissioned in Indonesia this year.

   Invest 450 Million Yuan to Build the Headquarters

   On the morning of April 10, the foundation - laying ceremony for the headquarters of Zhongshan Huali Industrial Group Co., Ltd. was held in the Torch High - tech Zone.

   The total investment of this project exceeds 450 million yuan. It is planned to build a comprehensive building complex including the enterprise headquarters, high - end business offices, and commercial supporting facilities. It is estimated that within five years after the project is put into production, it is expected to generate an operating income of over 7 billion yuan and contribute more than 500 million yuan in taxes to the local finance.

   "The city of Zhongshan is a blessed place for Huali Group's entrepreneurship and the foundation of our sustainable development," Zhang Congyuan, the chairman of the group, said affectionately in his speech.

    Public media reports show that Zhang Congyuan is from Yunlin County, Taiwan. Born in 1948, he has been deeply involved in the footwear - making industry since the 1970s and has been engaged in this field for more than 50 years.

   The beautiful ecological environment and profound industrial foundation of Zhongshan deeply attract him. In the future, the enterprise will adhere to the development concept of basing itself in Zhongshan and giving back to society. By introducing high - end talents and innovative resources, it will continuously enhance its core competitiveness and strive to become a world - class top - tier footwear - making enterprise.