Luyin Investment Group Shandong Wool & Cashmere Products Co.,Ltd. (Luyin Cashmere) is subsidiary to Luyin Investment Group(listed company). With a registered capital of RMB 100 million, it mainly produces, processes and sells cashmere products. It owns self-support import and export authority. There are over 2,000 staff in the company including 450 professional technicians and 180 staff with medium and senior professional titles. Over 6 years' hard work, the strength of Luyin Cashmere has been continuously increased. Our company now owns a fixed assets of RMB 500 million including RMB 150 million floating assets, RMB 300 million fixed assets and RMB 50 million intangible assets. Profit has been over RMB 50 million for straight years and the profit payments and tax are over RMB 100 million. Products are sold to Europe, America, Japan, Korea, Hongkong and Macao. It has received awards

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