Will Gaoming Yida Factory be relocated within 3 years?

It is difficult to determine whether Gaoming Yida factory will be relocated in the next three years. Although Esquel Group has moved its main factory in Malaysia to Yangmei No.2 Industrial Zone in Gaoming City in 2000, this does not necessarily mean that Gaoming Esquel will move its factory in the next three years.

The factors that determine whether Gaoming Yida Factory will relocate may include but are not limited to the following aspects:

1. Market demand: If the demand for Gaoming Esquel products in the local market slows down or decreases, we can consider moving the factory to an area with greater market potential.

2. Production cost: If the production cost of Gaoming Yida is too high, or it is expected that the production cost will increase significantly in the future, then finding a more cost-competitive production location may become a consideration.

3. Supply chain and logistics: If the supply chain or logistics cost of Gaoming Yida is too high, or it is expected that these costs will increase significantly in the future, then finding a more cost-effective supply chain and logistics channel may become a consideration.

4. Policies and regulations: The local government may issue some policies or regulations that affect the operation of Gaoming Esquel. If these policies or regulations have a significant impact on the operation of Gaoming Esquel, it may consider moving the factory to an area with more friendly policies or regulations.

It should be noted that these factors are very dynamic and complex, and specific decisions need to comprehensively consider various factors and conduct in-depth analysis and evaluation.

Generally speaking, although it is impossible to determine whether Gaoming Yida factory will be relocated in the next three years, it can be preliminarily analyzed and speculated according to some factors that may affect the relocation of the factory. If you need to know more about the future development of Gaoming Yida Factory, I suggest you consult relevant industry reports or contact relevant industry experts for consultation.