Ningxia Cashmere Industry Co., Ltd. was established in 1998, mainly engaged in dehaired, cashmere, cashmere yarn, cashmere production and domestic sales. Shenzhen Stock Exchange listed company, the stock referred to as "Bank of cashmere industry", stock code 000982.

Bank of cashmere industry based in Ningxia Cashmere City Industrial Park, covers an area of 354 mu, building area of over 59,000 square meters and currently employs more than 2,000 people. There are five and a wholly owned subsidiary of Holdings: Ningxia Alpha Cashmere Co., Ltd. (holding 61.25%), Bank of Ningxia Cashmere Material Co., Ltd. (wholly owned), Duncan Garments Co., Ltd. Bank of Ningxia (wholly owned), (Hong Kong) Oriental Cashmere Limited (wholly owned), (UK) Duncan Limited (wholly owned); three branches: Shanghai Branch, Shenzhen Branch and Beijing offices.

Bank of cashmere industry's main products are high carding cashmere, cashmere, cashmere yarn, cashmere sweater, cashmere coat, cashmere scarves and other products. The company also owns more than one brand "Todd & Duncan" (Todd Duncan), "Brown Allan" (Alan Brown), "Philosofie" (Philo Sophie). The company has passed ISO9001: 2000 international quality system certification and Oeko-Tex review certification Oeko-Tex Standard 100 certification.

After ten years of development, the Bank of cashmere industry is becoming more rational industrial structure, improve the system, continuing to enhance management capacity, operating efficiency has increased annually, has now reached the years of carding dehaired 1,100 tons, 300 tons of cashmere , 700 tons of cashmere yarn, cashmere sweater production capacity of 1.5 million, relying on its reputation, the formation of industry-recognized brand with the world's cashmere production and sales of the top five companies have established a good working relationship. Since 2004 dehaired consecutive years, the country's first export cashmere, cashmere products in 2009 among the nation's third largest export companies, export among 20 key export enterprises in Ningxia first; by China Textile Industry Association Award for the 2008 ~ 2009 China's textile and garment enterprises competitiveness 500, the State Department of Agriculture awarded the "National Quality Management Standard Unit", by the State General Administration of Quality Supervision, Inspection and Quarantine approved as a national "of a class of industrial products export manufacturing enterprises" , is a high-tech enterprises and ethnic minority autonomous region of Ningxia supplies designated production enterprise.