The performance of leading wool spinning companies has grown steadily, and high-end cashmere yarn has entered the industry's second growth curve

The performance of leading wool spinning companies has grown steadily, and high-end cashmere yarn has entered the industry's second growth curve
2026 May 10 On the day of combing through the operating data of domestic top wool spinning listed companies, it can be found that the overall performance of the industry leader maintains a steady growth trend and the industrial development is full of resilience. Among them, the latest operating data of Xinao Co., Ltd. show that the full-year net profit increased year-on-year. 12.10%. On the basis of the stable development of the traditional worsted spinning business, the high-end cashmere yarn business has risen rapidly and has become the second growth curve of the company, which fully confirms the huge development potential of the high-end cashmere track.
At the same time, Nanshan Zhishang and other industry leaders continue to focus on the two core areas of high-count worsted yarn and high-end cashmere products, continue to upgrade intelligent production workshops, optimize product processes, and expand high-end customer resources. The overall capacity utilization rate has remained high for a long time, and the market share has steadily increased. The strategic layout of leading enterprises has also pointed out the development direction for the entire wool textile industry: bid farewell to low-end large-scale expansion and turn to high-end, refined, branded and intelligent development paths.
With the upgrade of residents' consumption, the expansion of demand for high-end knitted apparel, and the continued growth of high-end foreign trade orders, the market space for high-quality cashmere yarn, high-count wool yarn, and functional blended yarn continues to open up. More and more companies have begun to increase investment in research and development, optimize the ratio of raw materials, increase the added value of products, and build core competitiveness based on quality and technology. Industry concentration has gradually increased, and the advantages of formal and powerful companies have become increasingly prominent.
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