Bank Of China Cashmere Industry ((000982): Cashmere Trading Only, No Longer Related To Production

Some investors asked bank of China cashmere (000982) that due to the impact of the new crown epidemic, the export of clothing industry in India and Southeast Asian countries has shrunk seriously, and some textile orders have been transferred to China. In the face of a large number of returned orders, does the company have the demand for expansion in the production of textile raw materials? Is it a new opportunity for the company's recent development? How to grasp it?

The company replied, "Hello, the company will implement restructuring in 2019, and all production plants and equipment in the body will be stripped off. At present, the business of cashmere textile industry is no longer involved in production, but only related to cashmere trade.

Some investors have asked bank of China cashmere (000982) no wool business? You're not bank of China cashmere. Did you tell me you didn't start the wool business? You Baidu Encyclopedia also said that the main cashmere wool business

The company replied, "Hello, although the business scope of the company is approved to have wool, the textile and clothing sector of the company has been engaged in cashmere related business for many years.