Hebei Yuteng Cashmere Products Co., Ltd. was formerly known as Hebei Xinyuxiang Cashmere Products Co., Ltd., and was renamed as Hebei Yuteng Cashmere Products Co., Ltd. (hereinafter referred to as Yuteng Cashmere) in 2006. It is located in Qinghe County of Hebei Province, known as “China Cashmere Capital” and “China Famous Cashmere Textile City”. It covers an area of ​​200 mu, and the legal representative is Ma Haitao. In 2018, it achieved sales income of 1.7 billion yuan, of which 2189 tons of dehaired cashmere was sold. The production and sales accounted for 23%-25% of the world's total in terms of dehaired cashmere. Since establishment, Yuteng Cashmere had paid more than 310 million yuan of taxes, and the tax payment had ranked the first in the county for thirteen consecutive years. Since 2013, the export of dehaired cashmere has ranked first in China for six consecutive years. It is the leading enterprise in cashmere industry in Hebei Province and the largest cashmere processing enterprise in China.

Yuteng Cashmere has been dedicated to cashmere industry for 25 years and is committed to the healthy and sustainable development of cashmere industry. It has won a series of honors: "Top Company in Cashmere Industry”, "Enterprise Technology Center", "Green Factory", "Top 10 Competitive Enterprises in Cashmere Industry from 2015 to 2019", “China Famous Brands”, “Four System Certifications”, “Top Ten Export Brands in Chinese  Cashmere Industry in 2017”, “Industry-Learning-Research Base”, and “Top Ten Companies in Comprehensive Capability in Chinese Cashmere Industry”, “Technology Innovation Award in Chinese Cashmere Industry",  "High-tech Enterprise", "China Quality Credit Enterprise", "A&M Entry and Exit Inspection and Quarantine Credit Management AA Grade Enterprise", "Top 100 Enterprises in Chinese Cashmere Industry", "China Products Quality Assured Enterprises (Key Promotion Units)". At the same time, the company has signed an agreement with Xi'an Engineering University and has established “Yuteng-Xi'an Engineering University Cashmere Research Center”, “Graduate Training Base” and “Excellent Engineer Education and Training Program”. Yuteng Cashmere has also established Academician Work Station with Academician Zhou Xiang and Academician Yu Jianyong from Chinese Academy of Engineering so as to build a new standard for Chinese cashmere industry.

The high-quality cashmere products, stable production capability and efficient delivery ability of Yuteng Cashmere has won the recognition of domestic and foreign customers. Yuteng Company enjoys a good reputation in the industry, and has established long-term and stable cooperative relations with internationally-renowned companies such as LORO PIANA, CARIAGGI LANIFICIO SPA, ZEGNA BARUFFA LANE BORGOSESIA SPA, Z. HINCHLIFFE & SON LTD, JOHNSTONS OF ELGIN COMPANY, TOYOBOSHI KOGYO CO., LTD., FUKAKI WOOLLEN TEXTILE CO., LTD., etc.