Core Insights - The "Utilization of Fabrics" project is revitalizing yak cashmere, a unique natural fiber from China, through collaborative innovation with suppliers [1][2] - Jiangnan Buyi is launching the "Yak Cashmere Industry Revitalization Project" in 2024 to establish international sustainability standards and promote ecological restoration in yak habitats [1][2] Group 1: Project Initiatives - Jiangnan Buyi has partnered with SHOKAY to initiate the "Yak Cashmere Industry Revitalization Project," focusing on sustainable practices and ecological restoration [1][2] - The project includes training for herders on animal welfare and certification of pastures, aiming to enhance the entire value chain from raw material collection to market consumption [1][2] Group 2: Environmental Impact - Yak cashmere production has significant ecological value, with low carbon emissions during the yak's lifecycle and natural resource utilization [1] - The "Source from Snowy Regions, Cashmere from Nature" project aims to restore 290 acres of degraded land in the Ruoergai region, addressing grassland desertification that affects yak health and wool quality [2] Group 3: Market Potential - Despite the vast market potential for yak cashmere, the industry faces challenges that the revitalization project aims to address [1] - Jiangnan Buyi plans to share innovative yak cashmere fabric technologies with the industry, enhancing overall competitiveness and consumer access to traceable yak cashmere products [2]

Group 1 - The core initiative "From Snowy Land to Nature" aims to restore 100 acres of degraded land in Sichuan's Aba Prefecture, highlighting the ecological value of yak cashmere and its sustainable production process [1] - The yak, a national protected animal, has 95% of its population in China's Tibetan Plateau, with the Aba region being a crucial habitat facing desertification issues that threaten both yak health and ecological balance [1] - Jiangnan Buyi's project will initiate the first phase of restoring 290 acres of degraded land in May 2024, following the recent ecological restoration efforts [1] Group 2 - Since 2022, Jiangnan Buyi has partnered with the Design Library on a five-year project to innovate and preserve traditional Chinese craftsmanship, focusing on yak cashmere as a key natural fiber [2] - Jiangnan Buyi has launched several yak cashmere products across its brands, including LESS and JNBY, since 2017, indicating a strong commitment to sustainable fabric innovation [2] - The "Yak Cashmere Industry Revitalization Project" aims to establish international sustainability standards, provide training for animal welfare, and promote ecological restoration in yak farming areas [2] Group 3 - The first global sustainable standard for yak farming, titled "Farm Animal Welfare Requirements for Yaks," was released in August 2024, marking a significant milestone for the industry [3] - Training for farmers and certification of farms based on the new standard have begun, with increasing adoption among yak farms [3] - Jiangnan Buyi plans to collaborate with suppliers on innovative yak cashmere fabric technologies, enhancing the overall competitiveness of the yak cashmere industry [3]