Profile: Yue Yuen Industrial (Holdings) Ltd (0551.HK)

Yue Yuen Industrial (Holdings) Limited is an investment holding company. The Company, along with its subsidiaries, is principally engaged in manufacturing, marketing and retailing of athletic footwear, athletic style leisure footwear, casual and outdoor footwear. The Company operates in two segments: manufacturing segment, which manufactures and sells footwear products, and retailing segment, which engages in the retail and distribution of sportswear products. During the fiscal year ended September 30, 2011, the Company produced 326.6 million pairs of shoes. On 1st April, 2011, the Company acquired 75% equity interest in Yi Sheng Leather Co., Ltd. The Company’s subsidiaries include A-Grade Holdings Limited, Bangladesh Pou Hung Industrial Ltd, Baosheng Daoji (Beijing) Trading Company Limited, Baoxin (Chengdu) Trading Company Limited, Bestful Properties Limited and Champolian Investments Inc., among others.