Fully self-funded by KIVA Group's own capital, the investment spans intelligent production lines, cross-border digital warehousing, and a zero-carbon factory — reshaping artisanal heritage through next-generation productivity.
LULONG, July 2026 — WOOLORO's parent company, KIVA Group, has announced a ¥125 million (approx. USD 17.5M) strategic investment in the "Lulong County Intangible Heritage Crochet Smart Manufacturing Park Renovation & Digital Upgrading Project." The entire investment is funded by KIVA Group's own capital reserves and operating cash flow — a bold statement of confidence in the future of artisanal manufacturing at global scale.
| Pillar | Key Upgrades | Investment (¥10k) |
|---|---|---|
| Smart Production Lines | AI-powered flat knitting machines, visual QA robots, automated crochet units — "design-to-production" in hours | 5,500 |
| Cross-Border Digital Hub | 15-acre smart cloud warehouse expansion, Jushuitan ERP global inventory integration | 3,000 |
| Zero-Carbon Factory | Rooftop solar PV, rainwater recycling, OEKO-TEX certified carbon-neutral demo facility | 2,500 |
| Social Infrastructure | Disability heritage therapy center, living facilities for 30,000 artisans | 1,500 |
Upon completion, the facility is projected to create 2,000+ high-quality jobs and double annual export revenue. As a fully self-funded initiative, it demonstrates KIVA Group's deep commitment to leading the global artisanal manufacturing sector — delivering ESG-compliant, UNESCO-heritage products to B2B buyers in 50+ countries with unmatched scale and reliability.
Investor: Yiwu Kiva Stitch Co., Ltd. (KIVA Group)
Total Investment: ¥125,000,000 (≈ USD 17.5M)
Funding Source: 100% Self-Funded — Corporate Own Capital