The company was listed on the Shenzhen Stock Exchange on 1998, with a total share capital of 363.456 million shares and total assets of 600 million yuan.
Relying on the resource advantages of high-quality cashmere and fine wool in Xinjiang, the company introduced and absorbed advanced technologies, equipment and management methods from Japan, Italy and Germany. After nearly 30 years of continuous development and growth, the company has gradually embarked on the road of scale and collectivization, with an annual output of 700 tons of cashmere yarn and blended yarn and 2 million cashmere sweaters and blended sweaters. Excellent sheep and goat breed research, breeding, raw wool and cashmere sweater have been formed.