Brief introduction of Ningxia Yinzhong cashmere industry Co., Ltd.

In 2007, the company implemented a major asset restructuring. The major shareholder Ningxia lingwu city Yinzhong Wool Industry Co., Ltd. and the former major shareholder Sheng Xuerong Group signed the Equity Transfer Agreement and the Major Assets Replacement Agreement, which carried out major assets replacement for the company. After the reorganization, the company mainly engaged in the production and export sales of cashmere, cashmere sliver, spinning and cashmere sweater. The main products are high-quality white without plush, green without plush and purple without plush; High-quality high-end white velvet strips, blue velvet strips and purple velvet strips; Cashmere yarn, cashmere sweater, cashmere coat, scarf and other products. The 2007 annual report shows that the company has turned losses into profits in an all-round way, and the special handling of stock trading has been cancelled.