（编辑 王雪儿） 证券日报网12月11日讯 华利集团在回答调研者提问时表示，随着越南经济的不断发展，劳动力成本提 升不可避免，但是目前以及未来相当长的一段时期，越南的投资环境仍对制鞋业具有吸引力。公司的对 外销售价格是成本加成的定价模式，公司会随着人工工资的调整来调整销售价格。同时，为了分散风险 并把握东南亚其他地区的成本优势，公司已在印尼建设新工厂，并且印尼工厂已于2024年上半年开始投 产。 ...

Group 1: Financial Performance and Profitability - The overall gross margin has declined compared to the same period last year due to several new factories being in the ramp-up phase and capacity allocation adjustments [2] - In Q3 2025, three out of four new shoe production factories achieved interim profitability targets, including the first factory in Indonesia [2][3] - The company plans to maintain a stable or increasing dividend payout ratio, with cash dividends in 2021 accounting for approximately 89% of net profit, and projected to be around 70% for 2024 and 2025 [5] Group 2: Expansion and Capacity Planning - The company will continue to expand production capacity actively over the next few years, with three factories already meeting profitability targets by September 2025 [3] - Future capacity expansion will focus on new factories in Indonesia, with production expected to ramp up quickly [3] - The company will adjust production capacity based on customer order demands, utilizing new factory construction and equipment upgrades [3] Group 3: Market Conditions and Competitive Landscape - Rising labor costs in Vietnam are acknowledged, but the investment environment remains attractive for the footwear industry [4] - The company will adjust sales prices in response to labor cost increases while also diversifying risk by establishing new factories in Indonesia [4] - Indonesia's advantages in labor supply and costs are expected to enhance the profitability of the new factory compared to operations in Vietnam [2]

Group 1 - The establishment of Fengcheng Hongmei Footwear Co., Ltd. has been recently registered with a legal representative named Ding Hongmei and a registered capital of 100,000 RMB [1] - The company's business scope includes general projects such as internet sales (excluding goods that require permits), wholesale and retail of shoes and hats, shoe manufacturing, and sales of bags and daily necessities [1] - Additional activities include sales of electronic products, raw and auxiliary materials for shoe manufacturing, leather sales, leather product sales, shoe and leather repair, and manufacturing of leather products (excluding projects that require approval) [1]

裕元集团(00551)公布，该公司于2025年11月综合经营收益净额约6.6亿美元，同比减少3.1%。前11个月 综合累计经营收益净额约73.82亿美元，同比减少1.6%。 ...

Group 1 - The core point of the article is the establishment of Huizhou Yewaiwei Footwear Co., Ltd., which has a registered capital of 1 million RMB [1] Group 2 - The legal representative of the company is Huang Shunyu [1] - The business scope includes shoe manufacturing, wholesale and retail of footwear and hats, sales of raw and auxiliary materials for shoemaking, and various technical services [1] - The company is also involved in domestic trade agency, technology import and export, and internet sales, excluding items that require special licenses [1]

天眼查App显示，近日，东莞市鼎足鞋业有限公司成立，注册资本30万人民币，经营范围为一般项目： 鞋帽批发；鞋帽零售；第一类医疗器械销售；第二类医疗设备租赁；国内贸易代理；服装服饰批发；服 装辅料销售；服装服饰零售；箱包销售；皮革制品销售；户外用品销售；日用百货销售；家具销售；电 子产品销售；商务代理代办服务；专业设计服务；通讯设备销售；针纺织品及原料销售；家用电器销 售；日用品批发；服装制造；鞋制造；互联网销售（除销售需要许可的商品）；技术服务、技术开发、 技术咨询、技术交流、技术转让、技术推广；货物进出口；技术进出口。（除依法须经批准的项目外， 凭营业执照依法自主开展经营活动）。 ...

天眼查App显示，近日，东莞市佐瑞凡鞋业有限公司成立，注册资本10万人民币，经营范围为一般项 目：鞋制造；制鞋原辅材料销售；皮革销售；皮革制品制造；皮革制品销售；鞋帽零售；鞋帽批发；箱 包制造；箱包销售；服饰制造；服装服饰批发；针纺织品及原料销售；针纺织品销售；面料纺织加工； 互联网销售（除销售需要许可的商品）；产业用纺织制成品制造；产业用纺织制成品销售；家用纺织制 成品制造；五金产品制造；五金产品批发；五金产品零售；金属制品销售；塑料制品制造；塑料制品销 售；货物进出口；技术进出口。（除依法须经批准的项目外，凭营业执照依法自主开展经营活动）。 ...

天眼查App显示，近日，广州热舞鞋业有限公司成立，注册资本10万人民币，经营范围为鞋制造;新材料 技术研发;新材料技术推广服务;自然科学研究和试验发展;工程和技术研究和试验发展;鞋帽零售;鞋帽批 发;服装辅料销售;服装服饰零售;服装服饰批发;平面设计;专业设计服务;工业设计服务;货物进出口;互联 网销售（除销售需要许可的商品）;信息咨询服务（不含许可类信息咨询服务）;技术服务、技术开发、 技术咨询、技术交流、技术转让、技术推广;贸易经纪;国内贸易代理。 ...

天眼查App显示，近日，资阳市广源鞋业有限公司成立，法定代表人为贾保平，注册资本3000万人民 币，经营范围为一般项目：鞋制造；体育用品及器材制造；专业设计服务；鞋帽批发；服装服饰批发； 货物进出口；技术进出口；制鞋原辅材料销售。（除依法须经批准的项目外，凭营业执照依法自主开展 经营活动）许可项目：道路货物运输（不含危险货物）。（依法须经批准的项目，经相关部门批准后方 可开展经营活动，具体经营项目以相关部门批准文件或许可证件为准）（涉及国家规定实施准入特别管 理措施的除外）。 ...

天眼查App显示，近日，揭阳市曦晨鞋业有限公司成立，注册资本10万人民币，经营范围为一般项目： 鞋帽批发；鞋帽零售；鞋制造；日用百货销售；电子产品销售；塑料制品销售；服装服饰零售；服装服 饰批发；五金产品零售；办公用品销售；珠宝首饰零售；珠宝首饰批发；电子元器件零售；电子元器件 批发；包装材料及制品销售；照明器具销售；通讯设备销售；计算机软硬件及辅助设备零售；计算机软 硬件及辅助设备批发；国内贸易代理；互联网销售（除销售需要许可的商品）。（除依法须经批准的项 目外，凭营业执照依法自主开展经营活动）。 ...