Lianyungang Yuyan Shoe-Making Co. Ltd

Lianyungang Yuyan Shoe-Making Co. Ltd. is a foreign-investment enterprise jointly invested and established by South Korea's Yuyan Joint Stock Corporation and Japan's Shimano Joint Stock Corporation. Founded in December 1992, its scale of investment is 19.5 million dollars. Occupying a land of 27,000 square meters, the Corporation was established and put into operation in July 1993. Its main products are of two categories, top-grade ski boots and racing-bicycle shoes, which include over 50 types. Its annual throughput is up to 15 million pairs of shoes, all of which sold to Europe, the United States, Japan and other areas. The Corporation has now become the largest production base of racing-bicycle shoes and ski boots around the world. After several years of progress, the number of the Corporation's personnel has increased from the initially less than 90 to today's nearly 1,000. Also, its annual earning of foreign exchange via export has increased from the initially 250,000 dollars to today's over 10 million dollars.     Advocating humanity and love, Yuyan Shoe-Making Co. Ltd. not only takes its slogan of "Self perfection through practice of love" as its perpetual pursuit, but also has developed five basic management ideas, i.e., management with merit, self-discipline, fair competition, flexibility and opening-up. The Corporation has decided two strategic goals for its long-term development. First, it will take three years to transfer to China the entire shoe-making industry of South Korea's Yuyan Association and turn Lianyungang Yuyan Shoe-Making Co. Ltd. into the most outstanding shoe-making enterprise in China. Secondly, it will make positive preparations for its construction of a joint stock Corporation by its staff members. Meanwhile, it will internally center on the Corporation's cultural construction, develop new products and quicken its steps of progress; externally, it will constantly bring forth new ideas, make new projects and open up new fields.