XiDeLang eyes higher sales after tie-up with Yeli

PETALING JAYA: Xidelang Holdings Ltd’s unit has formed a collaboration in the original design manufacturer (ODM) segment that could give the group a sales order of at least 210 million yuan (RM133.8mil) over the next two years.

The sports shoes company said in a statement that its wholly owned subsidiary, HongPeng Fujian Shoes & Garments Co Ltd (HPFS), had signed a memorandum of understanding (MoU) with Yeli International Bhd that would further strengthen its ODM business.