Yuyuan Earned Nearly $10 Billion A Year, Baosheng International Sales Exceeded 20 Billion Yuan.

Global sports shoe foundry giant Yuyuan Industrial (Group) Co., Ltd. (0551.HK) and its subsidiary of sports brand retail and agency business, Baosheng International Holdings Limited (3813.HK), announced the sales figures for December and full year.

In December, Yuyuan Industrial and Baosheng international respectively recorded $847 million 800 thousand and 2 billion 1 million 400 thousand yuan in sales, compared with 794 million 600 thousand and 1 billion 691 million 900 thousand yuan in 2017, up 6.7% and 18.3% respectively.

In the whole year of 2018, Yuyuan Industrial initial income was 9 billion 700 million 100 thousand US dollars, an increase of 6.4% compared with 9 billion 120 million 100 thousand yuan in 2017, while Baosheng international sales rose 20.4% to 22 billion 677 million 600 thousand yuan in the same period, and 18 billion 831 million 200 thousand yuan in 2017.

As the world's largest sports shoe manufacturer, Yuyuan industrial output reached 324 million 600 thousand pairs in 2017. It mainly supplied Nike Inc. (NYSE:NKE) Nike group and Adidas AG (ADS.DE) Adidas group two strong customers, while two group brand names and Puma Puma brands were also sold in mainland China through Yuyuan Industrial Holding Baosheng International. Baosheng international not only opened a special store for the brand, but also sold through the YY Sports road brand store.