Fung Group (Hong Kong) Delegation Visits CIXING — Exploring a New Chapter of Collaboration

On the afternoon of November 7, 2025, we were honored to welcome Dr.William Fung, Group Deputy Chairman of FUNG GROUP (Hong Kong), together with his wife and the senior management team from COBALT FASHION — including Ms.Wai Ping Leung, Executive Vice Chairman; Mr. Roger Chan, COO&CTO; and Mr. Tim Kai, Divisional Manager — visited CIXING for an exchange and tour. Mr.Sun, Chairman of CIXING, and Mr.Fu, Manager of the Global Business Division, warmly welcomed the delegation and hosted a cordial meeting.

In the CIXING showroom, Dr.Fung and his delegation explored our comprehensive range of intelligent knitting solutions across sweaters, shoe uppers,collars and so on. We highlighted our innovative achievements and core strengths in Knit-to-Shape technology, fully demonstrating the company’s deep technical expertise and leading position in the field of smart manufacturing.

As the tour progressed, the guests’ attention shifted from precise hardware systems to the grand vision of a digitalized smart factory. Through demonstrations of our latest software innovations — including 3D simulation design and flexible supply chain platforms — CIXING vividly illustrated how data-driven production enables a “small batch, quick response” manufacturing model, presenting a clear picture of the future of intelligent knitting.

Following the visit, both parties engaged in an in-depth discussion on industry trends and future cooperation opportunities. During the meeting, Dr.Fung and Mr.Sun, exchanged insights on the future development of the global knitting industry. They shared a strong alignment in their views on smart manufacturing, sustainability, and digital innovation. Dr. Fung highly commended CIXING’s long-term dedication to industrial excellence and continuous innovation, recognizing the company’s contributions to advancing the intelligent transformation of the textile sector.Chairman Sun expressed his sincere appreciation for Dr. Fung’s visit and guidance, emphasizing that CIXING will continue to uphold the principles of openness, collaboration, and mutual success—working hand in hand with global partners to open a new chapter of high-quality growth in the knitting industry.

The strong alignment between both parties in technological innovation, industry insight, and development vision signifies that, amid the wave of intelligent manufacturing and global textile industry transformation, even more opportunities for collaboration will emerge in the future.

CIXING will continue to uphold its mission of “Knit Infinite Possibilities” and looks forward to working hand in hand with more international partners to build a smarter, more efficient, and sustainable future for the global knitting industry.

About Fung Group and Cobalt Fashion

Fung Holdings (1937) Limited is a privately-held business entity headquartered in Hong Kong and the major shareholder of the Fung Group of companies.Its subsidiary,Cobalt Fashion,is widely recognized as an expert in the knitting industry and has long been dedicated to empowering traditional knitwear manufacturing through technological innovation.By utilising extensive knowledge of yarn,and exceptional craftsmanship, Cobalt Fashion provides high-quality fashion knitwear for global brands. With speed and innovation leading the way to work, Cobalt Fashion actively adopts the latest digital technologies and intelligent manufacturing processes, striving to become a driving force in the global knitting industry and a trusted strategic partner for leading international brands.

About Cixing

Under the leadership of Chairman Mr. Sun Pingfan, Ningbo Cixing Co., Ltd. has experienced over three decades of rapid growth, becoming a leading enterprise in intelligent knitting machinery both in China and around the world.

In 2010, CIXING successfully acquired Steiger, one of the world’s top three knitting machine manufacturers based in Switzerland. This acquisition laid a solid foundation for CIXING’s technological breakthroughs in sweater knitting, flyknit shoe uppers, and functional knitting applications.

In 2018, the company launched its revolutionary Knit-to-Shape series of flat knitting machines, which eliminated the traditional linking and sewing process in sweater production. This innovation effectively addressed industry challenges such as labor shortages and low efficiency, transforming automated sweater production from vision to reality.

In early 2025, CIXING once again pushed the boundaries of technology by introducing the Steiger 3D Multi-Functional Sports Knitting Machine, enabling three-dimensional knitting with advanced materials such as carbon fiber. This technology has extended applications into aerospace, healthcare, new energy vehicles, and robotics, opening a new chapter in the era of intelligent knitting.