Established in 1986, Hebei Hongye Cashmere Co., Ltd. is a joint-venture with Colombo S.p.A. Italy by occupying an area of 196 Chinese acres and with an investment of RMB 560,000,000. Every year we purchases original cashmere directly from Alashan pastoral area of Inner Mongolia and are the first to create white-for-white of China's cashmere. At present, we have an Alashan cashmere dehairing workshop, a top workshop, a dyeing workshop, a worsted spinning workshop, a woolen spinning workshop and a cashmere sweater knitting workshop.
We always insist on quality and value-added service of the cashmere industry and adhere to the way of sustainable development. Our development is divided into three phases. In the first phase, cashmere top and worsted spinning projects were constructed in 2002 and 2006. In the second phase, cashmere woolen spinning projects were constructed in 2008 and in the third phase, cashmere sweater knitting and cashmere fabric projects are to be constructed. The projects will focus on global advanced technology, such as advanced production lines will be introduced from Italy for woolen spinning and worsted spinning equipment, as well as cutting edge machines from Germany will be adopted for computerized knitting machines. After the project are completely put into production, we can annually produce 150 tons of finely dehaired cashmere tops, 250 tons of worsted yarns, 500 tons of woolen yarns and 200,000 pieces of cashmere sweaters.
As the leading cashmere enterprise in Qinghe County, we have been selling our products to countries such as Italy, the UK, Japan, and the USA since 1986. We are one of the top 10 private enterprises in export in Hebei Province.