The main reason for the relocation of Yuyuan Shoes Factory is that the rising labor cost leads to the continuous compression of profits. Under the great operating pressure, the factory chose to move to Vietnam and other areas with lower labor costs.

Anyone familiar with shoemaking technology will know that this is a highly polluting industry. Trademark printing of upper, copying of upper, foaming of sole, adhesion between upper and sole, etc. Will produce industrial waste gas, which will not only pollute the air, but also endanger the health of employees. The part moved by Yuyuan Shoe Factory is not that it can't be replaced by robots, but because it is a highly polluting process.

With more and more attention paid to environmental protection in China, the cost of environmental governance is relatively high, which is difficult to eradicate, coupled with the rising cost of labor rent. This is actually one of the reasons why the low-end manufacturing industry moved to China from Europe, America and Japan. Therefore, in fact, Yuyuan Shoes Factory did not want to move to Vietnam, but had to leave because of domestic environmental protection requirements.

Company benefits of Yue Yuen Group:

1. Entertainment and leisure facilities: football field, track and field, basketball court with lights, projection hall, ballroom, trade union club, small park, table tennis table, cultural activity team, and cultural evening on holidays.

2. Cultural facilities: teaching and training center, reading room, library, staff activity center, cultural square, kindergarten, the voice of Yuyuan Garden, a newspaper of an enterprise, and the foot sound of Yuyuan Nike.

3. Labor insurance: The company has built Yuyuan Hospital with complete hardware to provide medical services for employees, and the company bears part of the expenses; According to the regulations of the local social security bureau, the company provides social endowment insurance, industrial injury insurance, unemployment insurance, medical insurance and other insurances for employees, and also provides accidental injury insurance for employees.

4. Others: there are supermarkets, restaurants, post offices, activity centers, adult night schools, libraries, etc. In the company's living area, it is convenient for employees' daily life.

Reference to the above content: Baidu Encyclopedia-Yuyuan Group