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Trades about 66% below its sector, cheaper than its peers on earnings.
Established in 1991 and headquartered in Tongxiang, China, Zhejiang Xinao Textiles Inc. is actively involved in the research, development, manufacturing, and distribution of wool spinning yarn and semi-finished wool tops. These textile components are chiefly supplied to various apparel brands for their production lines. The company officially adopted its current name, Zhejiang Xinao Textiles Inc., in December 2007, having previously operated as Zhejiang Xinao Textiles Group Company LTD.
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