Inner Mongolia Luwang cashmere Co., Ltd

Inner Mongolia Luwang cashmere Co., Ltd. was founded in 1985, its predecessor is Baotou Luyuan cashmere sweater factory. It has merged 12 state-owned collective enterprises, established 9 joint ventures, and absorbed more than 8700 employees. As early as 1997, the leadership team of Luwang company actively responded to the call of "going out" development of the country with advanced consciousness and strategic vision, and made full use of the preferential trade policies such as "developed countries exempting tariffs on textiles from the origin of undeveloped countries" to establish Luwang branch in Madagascar, Africa. Cashmere sweaters produced by Madagascar branch have successfully occupied the mainstream high-end markets of the United States, Britain, France, Italy and Northern Europe with its low-cost price advantage. Leaders of the state have successively inspected and guided the plant and highly appraised it. It is believed that Luwang has made a good exploration in setting up factories overseas, has been in the forefront of the central government's encouragement of overseas investment, and has created a template for other companies and other industries. Recently, the company has actively implemented the important consensus reached by President Xi Jinping during his visit to Africa in 2013 and China Africa Cooperation Forum, and joined hands with CDB partners to invest, expand and upgrade Lu Wang motor Garth processing plant. Facing the trend of global economic integration, Luwang's investment in Madagascar is the first step of the company's "going out" development strategy. Later, Luwang successively built factories in Mongolia, Hong Kong, Macao, Cambodia and other places. At present, Luwang company has formed three production bases: Baotou in China (including six workshops of dyeing, spinning, computer knitting, garment making and weaving), Madagascar knitting factory in Africa and Cambodia knitting factory in Southeast Asia, with an annual output of 2.5 million cashmere sweaters. One belt, one road, one belt, one road, is the two overseas workshop in Madagascar and Kampuchea. It has special significance in the national "one belt and one way" strategy, because these two factories are on the east coast of Africa and ASEAN countries on the maritime Silk Road. They are not only the forerunners of the "one belt and one way" strategy, but also increase the employment of local labor force in Madagascar and Kampuchea. The trade and economic development of Daoist countries has deepened the friendship between the Chinese, Malaysian and Cambodian people            Since its establishment, the company has made remarkable achievements in many fields of cashmere industry after 30 years of "introducing to start a business" and "going out for development": it passed ISO9001 certification in 1997 and ISO14001 environmental protection certification in 2003; it is the first batch of enterprises to be awarded "well-known protection" and "Chinese famous brand products" in China; it is the first batch of enterprises to be awarded "national agricultural industrialization" in China In 2013, it was rated as a national "enterprise industrial design center" by the Ministry of industry and information technology of the people's Republic of China and a "national high-tech enterprise". In 2013, it also won the "quality award of the chairman of Inner Mongolia Autonomous Region", "national enterprise with harmonious labor relations", "Hao Jianxiu type national advanced spinning and textile team" and "national high-tech enterprise" "National May 1 women model post" and other honorary titles. Up to now, the company has 88 national, provincial and ministerial level patented technologies, 1 national second prize for scientific and technological progress, 23 provincial and municipal science and technology awards, and participated in the formulation and revision of more than 30 industry standards. In 2011, it was jointly recognized as "designated production unit of ethnic products" by the Ministry of agriculture and the State Ethnic Affairs Commission, and it is a key backbone enterprise of Baotou city. The company's products have a very high share in the mainstream high-end markets of developed countries such as the United States, the United Kingdom, Germany and Japan. The series of high-end cashmere products of Luwang's own brand have also sold hundreds of thousands of pieces in Japan, South Korea, Hong Kong and other countries and regions, which are favored by the majority of consumers. From the world ranking, Luwang has risen from a pioneer in the internationalization of cashmere brands to a leading enterprise in the world cashmere industry.            Since privatization in 2009, the company has paid more than 400 million yuan in taxes, and has been jointly assessed as 3A level private tax advanced enterprise by the State Tax Bureau and local tax bureau of the autonomous region for many years. We have provided more than 10000 jobs at home and abroad. The Party committee of the company has been repeatedly rated as "advanced grass-roots party organization" and "demonstration site for Party Construction of non-public economic organizations and new social organizations" by Party committees at all levels in Baotou city.            Senior leaders of the company take the lead in setting an example, and employees actively participate in social public welfare activities such as environmental protection construction, supporting science and technology, culture and health, disaster relief and charity. They never forget to let people enjoy the fruits of enterprise development and bear more social responsibilities. The company has also set up a special environmental protection fund to invest in the Engebei desert and create a "deer King forest" base. In cooperation with "Japan desert greening practice association", the public welfare activity of "building Sino Japanese friendship, sand prevention and afforestation" was held. The chairman of the board of directors, together with employees and customers, planted sand prevention forests on the increasingly desertified land, which not only protected the environment and resources, but also created better grazing conditions for herdsmen and sought sustainable development for future generations.            In the current severe situation of social employment difficulties, the company recruits college students and employees from colleges and universities and society every year to help college graduates and social unemployed solve the employment problem. Mr. Zheng Haosheng, chairman of the board of directors, donates 100000 yuan to his hometown every year to help the out of school children and poor college students. In 2011, the company was rated as "public welfare star unit" in Inner Mongolia Autonomous Region. The effective combination of Luwang's product quality and social responsibility has won wide respect for Luwang cashmere company.            Before 2008, the development of Luwang company was seriously restricted by debt and other problems. With the care and help of the State Council, the party committees and governments at all levels of the autonomous region, the state owned assets supervision and Administration Commission, the finance and taxation department of industry and commerce, the financial bank and other departments, Luwang company helped the company solve the debt restructuring, realized the privatization of the system, the diversification of equity and the integration of the industrial chain, and gave the enterprise a new life. Since the restructuring of the company, the export business volume has increased steadily, the market share of international high-end cashmere products has further expanded, the domestic trade sales foundation is more solid, the sales profit margin has increased by nearly 15% every year, and the development prospect is more optimistic. The company was awarded the title of "top 30 enterprises in the region" by the Enterprise Federation of the autonomous region and the Entrepreneurs Association of the autonomous region; won the title of "the most competitive preferred brand in China's clothing industry in 2012"; Mr. Zheng Haosheng, chairman of the board, won the awards of "top 10 outstanding entrepreneurs in China's industry brand building" and "top 10 most influential management innovators in China", and was also awarded the title of "brand China" enterprise The alliance was selected as the "top ten brands" in the textile industry. Xinhua news agency and other reporters reported the grand occasion of the brand forum and achieved very good brand promotion effect.            As a large exporter and pillar enterprise of cashmere industry in Inner Mongolia Autonomous Region, Luwang company is willing to go hand in hand with its peers to make greater contributions to the development of the enterprise, the progress of the clothing industry, the effective use of precious limited cashmere resources and the beautification of human life.