MEETING HELD WITH THE “CONSINEE” GROUP’S REPRESENTATIVES OF THE PEOPLE’S REPUBLIC OF CHINA, DISCUSSED ABOUT COOPERATION
Member of the Parliament, Head of the Mongolian Wool and Cashmere Association Mr.Bat-Erdene.J, Executive Director of the MWCA Mrs.Altantsetseg.D received Chairman of Consinee Group Mr.Boris Xue, Investor Mr.Bingsu Jin, Chief Engineer Mr.Guang Jin, Deputy General Manager Mr.Xinhao Zhao and secretary Mr.Mingzhe Liu, exchanged views on cooperation in the Mongolian-Chinese cashmere industry.
Consinee Group was founded in 1999 and it is the number one exporter of cashmere yarn in China, produces 10,000 tons of high-quality yarn per year. The Group produces fine cashmere yarn mixed with silk. Exports 85% of total production and rest of the 15% supplies to the Chinese market. It is a company that has developed to the point of fully robotic production by introducing high-performance advanced technical technology.
During the meeting, we discussed the possibility of establishing a spinning factory in Mongolia and invited them to introduce activities with the representative group of Mongolian cashmere industry.
May 1, 2023
