Started production on June 12

Summary:

Great wisdom Astarco News Agency reported on June 11th that China Everbright Cashmere Industry (000982.SZ) said on the online reception day for listed company investors in Ningxia on Tuesday afternoon that the first workshop of the company’s 5 million cashmere sweaters was planned for June 12th. Put into production, other workshops will be put into operation before the end of the year.

The above project is part of the construction of the company's textile ecological park. Chairman of the company, Ma Shengguo, said that he hopes to achieve direct connection with international department stores and brand companies by investing in six major industrial projects such as cashmere, wool, and flax. Provide "one-stop" procurement trade services, I believe that with the completion of the project, will create more market space for the company to further expand overseas markets.

In addition, Ma Shengguo talked about the company's biggest disadvantage lies mainly in the domestic cashmere products marketing system operation is still under construction, the company's brand awareness and "Ordos", "Snow Lotus" and other well-known domestic brands there is still a certain gap.

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