Core Viewpoint - The company is expanding its operations in Indonesia, leveraging its previous experience in the region and aiming for profitability in its new factory by Q3 2025 [1] Group 1: Company Operations - The company has established its first factory in Indonesia (Indonesian Shichuan), which has achieved internal profitability targets [1] - The management team is confident in the future profitability of the Indonesian factory once it matures [1] Group 2: Industry Context - Indonesia is a major player in the footwear industry, with many sports shoe manufacturers setting up factories there [1] - Compared to Vietnam, Indonesia offers advantages in labor supply and employment costs, which the company is capitalizing on [1] - The company has adjusted its management details to align with the unique characteristics of the Indonesian market [1]
华利集团：印尼是制鞋业大国，很多运动鞋制造商在印尼开设了工厂