Yue Yuen Industrial (Holdings) Limited is a Taiwanese

footwear Footwear refers to garments worn on the feet, which typically serves the purpose of protection against adversities of the environment such as wear from ground textures and temperature. Footwear in the manner of shoes therefore primarily serves th ...

manufacturer Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of secondary sector of the economy. The term may refer to a ran ...

headquarter Headquarters (commonly referred to as HQ) denotes the location where most, if not all, of the important functions of an organization are coordinated. In the United States, the corporate headquarters represents the entity at the center or the top ...

ed in

Hong Kong Hong Kong ( (US) or (UK); , ), officially the Hong Kong Special Administrative Region of the People's Republic of China ( abbr. Hong Kong SAR or HKSAR), is a city and special administrative region of China on the eastern Pearl River Delt ...

and established by its Taiwanese

parent company A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies ...

, Pou Chen Group. It is the largest branded athletic and casual footwear manufacturer in the world. It is an

original equipment manufacturer An original equipment manufacturer (OEM) is generally perceived as a company that produces non-aftermarket parts and equipment that may be marketed by another manufacturer. It is a common industry term recognized and used by many professional or ...

(OEM) and

original design manufacturer An original design manufacturer is a company that designs and manufactures a product that is eventually rebranded by another firm for sale. Such companies allow the firm that owns or licenses the brand to produce products while having to engage in ...

(ODM) for major international

brand name A brand is a name, term, design, symbol or any other feature that distinguishes one seller's good or service from those of other sellers. Brands are used in business, marketing, and advertising for recognition and, importantly, to create an ...

companies such as

Nike Nike often refers to: * Nike (mythology), a Greek goddess who personifies victory * Nike, Inc., a major American producer of athletic shoes, apparel, and sports equipment Nike may also refer to: People * Nike (name), a surname and feminine give ...

Crocs Crocs, Inc. (stylized in all lowercase) is an American footwear company based in Broomfield, Colorado, that manufactures and markets the Crocs brand of foam clogs. History Crocs was founded by Lyndon "Duke" Hanson, and George Boedecker Jr. to ...

Adidas Adidas AG (; stylized as adidas since 1949) is a German multinational corporation, founded and headquartered in Herzogenaurach, Bavaria, that designs and manufactures shoes, clothing and accessories. It is the largest sportswear manufactur ...

Reebok Reebok International Limited () is an American fitness footwear and clothing manufacturer that is a part of Authentic Brands Group. It was established in England in 1958 as a companion company to J.W. Foster and Sons, a sporting goods company ...

, Asics,

New Balance New Balance Athletics, Inc. (NB), best known as simply New Balance, is one of the world's major sports footwear and apparel manufacturers. Based in Boston, Massachusetts, the multinational corporation was founded in 1906 as the New Balance Arch ...

, Puma, Timberland and Rockport.Yue Yuen Industrial Holdings Limited - Corporate Profile
It was one of the

Hang Seng Index Constituent Stocks The Hang Seng Index (HSI) is a freefloat-adjusted market- capitalization-weighted stock-market index in Hong Kong. It is used to record and monitor daily changes of the largest companies of the Hong Kong stock market and is the main indicato ...

( bluechip) in the

Hong Kong Stock Exchange The Stock Exchange of Hong Kong (SEHK, also known as Hong Kong Stock Exchange) is a stock exchange based in Hong Kong. As of the end of 2020, it has 2,538 listed companies with a combined market capitalization of HK$47 trillion. It is repor ...

. But after 8 June 2009, it was removed from blue chip. In April 2014 40,000 workers were protesting the company's failure to pay the full social security and house renting contribution. The protests were triggered by a staff member who worked for 18 years at Yue Yuen did not get her full pension. The company did not pay 250 yuan per month to the employee that they should have.Yue Yuen shoe factory workers' strike at Dongguan plants continues
2014-04-17. All companies are supposed under

Chinese law Chinese law is one of the oldest legal traditions in the world. The core of modern Chinese law is based on Germanic-style civil law, socialist law, and traditional Chinese approaches. For most of the history of China, its legal system h ...

to pay full mandatory social insurance for workers – including pensions, medical insurance, housing allowances and injury compensation.

References

External links

Yue Yuen Industrial Holdings Limited websitePou Chen Group website
Shoe companies of Taiwan Pou Chen Group Clothing companies established in 1991 1991 establishments in Taiwan Companies listed on the Hong Kong Stock Exchange Former companies in the Hang Seng Index {{Taiwan-company-stub