The World's Largest Football Shoe Factory Is Officially Listed

On April 22, the world’s largest football shoe manufacturer (Taiwan.China) Zhiqiang-KY (6768) was listed on the market at 49 yuan per share. As soon as the quotation opened, it dropped to 92.1 yuan and dropped back to 81 yuan at 10:43 in the morning. It rose by 32 yuan, an increase of 65.3%.

Zhiqiang's main products can be divided into three categories: sports shoes, casual shoes and balls. The sales market is mainly in Europe and the United States. The international customers of OEM footwear include adidas, Nike, Puma and Decathlon.

Zhiqiang is a leading manufacturer of football shoes, with a current global market share of approximately 21.03%. Zhiqiang pointed out that football shoes are different from ordinary basketball shoes. Football players run on the court and the game will not stop whether it rains or snows. Therefore, the water and snow protection requirements are very strict to ensure the safety of the players. Generally speaking, the lifespan of a pair of footballs is about 4-6 months, so it must be replaced, which is shorter than the replacement cycle of basketball shoes.