Near The End Of The Year, The Top 500 Textile And Garment Enterprises In China Went Bankrupt!

Dehong international cashmere Co., Ltd. (hereinafter referred to as "Dehong international") announced yesterday (December 21) that the company received the ruling of bankruptcy application issued by Yinchuan intermediate people's Court of Ningxia Hui Autonomous Region on December 18, 2020.

In accordance with relevant laws and regulations, huimeilin accepted huimeilin's application for bankruptcy liquidation of Dehong international cashmere Co., Ltd., and appointed Ningxia Ningren law firm as the administrator of Dehong international cashmere Co., Ltd. on the same day.

According to public information, Dehong international was established in 2005 as a Sino foreign joint venture. It is located in Jinfeng Industrial Park, Yinchuan economic and Technological Development Zone, Ningxia, China. It covers a total area of 420 mu, with a registered capital of 280 million yuan and a total investment of 700 million yuan. The company mainly deals in the production and sales of various kinds of cashmere, sliver, yarn, fabric, clothing and related processed products and handicrafts, import and export machinery and equipment and agency import and export business (except for the commodities under the national quota management).

Since 2009, Dehong international has been successively rated as one of the top 500 enterprises in the competitiveness of China's textile and garment enterprises and one of the top ten enterprises in China's cashmere industry. Its main business products focus on the production of worsted cashmere fabrics and products, realizing the production of various worsted and woolen cashmere yarns, worsted and woolen cashmere fabrics and cashmere products And sales, cashmere textile industry is one of the most complete industry chain enterprises.

In 2015, Dehong international listed on the new third board, which opened the capital journey. After that, the company's business performance increased rapidly. Previously, according to the financial report released by Dehong international, as of the first half of 2018, the company's operating revenue was 419 million yuan, up 74.06% over the same period of last year; the net profit attributable to shareholders of listed companies was 44.6919 million yuan, an increase of 256% over the same period of last year.