The Group was established in 2001. Its main revenue comes from the manufacture and sale of cashmere clothing and other clothing products, which are sold through the following two channels: 1. Original Equipment Manufacturing Business (OEM) 2. Apparel retail (designed, procured, marketed and retailed cashmere garments and other apparel products under the brand “CASIMIRA”) Original equipment manufacturing business (OEM) The Group's production in the original equipment manufacturing business includes pure cashmere sweaters and blended cashmere sweaters, and the Group has developed a unique set of production knowledge: how to achieve quality, appearance, texture and price to capture the loyalty of its customers. Furthermore, in addition to pure cashmere sweaters and blended cashmere sweaters, the Group also produces clothing such as merino wool, linen, and cotton. Original equipment manufacturing business customers Most of the Group's original equipment manufacturing business customers are internationally renowned clothing brands or department store chains, and these types of companies are generally headquartered in the US or Europe, promote their products under their own private brands, and sell them all over the world. Production and quality control The Group has its own production facilities in Huizhou and Ganzhou in China to carry out production. The Group may also outsource the production of certain parts of the goods to third party subcontractors in China. rundown Due to the high cost of high-quality cashmere, cashmere clothing has always been high-end or luxurious fashion clothing, so it is more difficult to enter customers with relatively low spending power. To seize this market segment and expand the Group's diversification strategy and plans beyond part of its OEM business, the Group used its industry expertise and technical capabilities to gain a foothold in the fashion apparel retail market by designing and providing high-quality collection settings. Versatile cashmere garments provide comfort, functionality and value at reasonable prices to attract budget-conscious consumers in whatever way they choose.
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