The Second High-Quality and Competitive Pricing Incentive Conference and the First "Albas" Cup Breed Sheep Beauty Contest. [Photo/WeChat account of Nuan news]

On April 28, seven cashmere textile enterprises in Ordos, Inner Mongolia autonomous region, signed procurement contracts with seven companies, including the Italian luxury cashmere brand COLOMBO and domestically renowned enterprises like Consinee and Zhejiang Xinao, with an intended amount of 427 million yuan ($58.74 million).

The contracts were signed during the Second High-Quality and Competitive Pricing Incentive Conference and the First "Albas" Cup Breed Sheep Beauty Contest in the "China Cashmere Capital".

The signing ceremony. [Photo/WeChat account of Nuan news]

The agreements span the full cashmere industry chain – from raw material procurement to high-end finished products – highlighting Ordos' growing integration into global markets and its push toward standardization and internationalization.

Ordos currently boasts over 6.9 million cashmere goats and produces more than 3,500 metric tons of raw cashmere annually. This accounts for 58.7 percent of Inner Mongolia’s output, 25 percent of China's, and 15 percent of the global total.

With an annual production of over 10 million cashmere products, Ordos remains the prefecture-level city with the largest number of cashmere goats and the highest cashmere output in China, as well as the world's largest production base of high-quality cashmere and cashmere products.