Domestic Shoe Enterprises Shift From Industrial Economy To Capital Economy

Wang Zhentao, President of AOKANG group, believes that listing is only a choice for enterprises in the development process, in order to truly internationalize, create international brands, and better repay shareholders.

[reporter Xiang Xiaodong correspondent Liang Yanping Wenzhou report] AOKANG group has formed a strategic partnership with the famous international management consulting company, Kearney, which will focus on AOKANG group's strategic development and enterprise management and control mode set up from 2008 to 2012.

Prior to that, BELLE Holdings has become the largest mainland retail listed company in Hong Kong stock exchange through the global stock market, and Daphne, Anta and other footwear brands have also been listed.

The industry believes that the domestic footwear industry structure has been fundamentally changed. When the capital market is booming, domestic shoe enterprises are rapidly changing from the industrial economy to the capital economy of geometric growth.

In May 9th, the global stock market of Belle International Holdings Ltd was listed in May 23rd, and its total market capitalization reached HK $52 billion 350 million after listing. It leveraged the capital market to enter the top 10 of the world's footwear industry at the same time.

Here, Daphne, Anta and other brands are also listed.

"The introduction of Global Management Consultants is the need for AOKANG's internal management development. It is the need for AOKANG to extend itself from the domestic market to the international market. It is the need for AOKANG to pform from product to brand operation to capital management."

As the largest private shoe making enterprise in China, Wang Zhentao, President of AOKANG group, believes that the goal of landing the capital market through management internationalization is of far-reaching significance.

Against this background, AOKANG group has formed strategic partners with corney, and has made a comprehensive plan for the formulation of the footwear strategy formulation and enterprise management and control mode, which is revolutionary for both the internal management reform of China's largest private shoe enterprises and the evolution of China's footwear industry.

It is understood that in Wenzhou, the birds were popular after the listing, CHINT group, people's appliances are actively working for the listing.

"Being able to go public does not mean that it is a successful business."

For the current phenomenon of waiting for approval of private enterprises in Wenzhou, Wang Zhentao said sensibly: "more importantly, listing is only a choice for enterprises in the development process. Our choice is to truly internationalize, create international brands, and better repay shareholders."

"After listing, it can attract more talented people to join, control more resources, manage more standardized, and become a public enterprise. This will be another process of Chinese phoenix shoe enterprises."

Xie Rongfang, chairman of Wenzhou Leather Industry Association, is looking forward to the listing of Wenzhou shoe enterprises.