Erdos Group, since the Yikezhaomeng Cashmere Sweater Factory founded in 1979 as a pilot plant for the reform and opening up of the autonomous region, after more than 40 years of rolling development, has grown into a local leading enterprise and industry leader with a total assets over 70 billion yuan, annual sales of over 40 billion yuan, more than 40,000 employees and accumulates profits and taxes exceeding 20 billion yuan from the cashmere sweater factory, which was originally established with an investment of more than 20 billion yuan in the form of compensated trade.
For more than 40 years, it has not forgotten its original intention and keeps trekking in the wind and rain. With the ideal of “Warming the whole world”, Erdos Group has created one business legend after another, extending from a single cashmere industry to coal, electric power, metallurgy, chemical industry, energy and other fields, achieving three business sectors of cashmere clothing, Qipanjing circular economy industry as well as energy and chemical industry and creating two world firsts in the field of cashmere and ferroalloys; “Erdos”, as the industry's iconic brand, has the brand value ranking first in the textile and garment industry with 1005.98 billion yuan.