Zhejiang Xinao Textiles Inc. is a China-based company principally engaged in the research, development, production and sale of wool worsted yarns. The Company’s main products include wool worsted yarns and wool tops. The Company’s products are mainly used in knitwear, such as cashmere sweaters, sweaters, wool underwear, wool T-shirts, wool socks and other knitwear. The Company also provides modification and finishing services. The Company distributes its products in domestic market and to overseas markets.