Gao Yi, member of the Standing Committee of the Zhengzhou Municipal Party Committee and executive vice mayor, led a team to visit and guide Tongzhou's research.
On September 4th, Gao Yi, member of the Standing Committee of the Zhengzhou Municipal Committee of the CPC and Executive Deputy Mayor, led a team to visit Tongzhou Cotton for inspection and guidance. Chairman Wei Gangmin and President Huang Hongyu, along with other leaders of our company, held a cordial meeting and a symposium in the company's medium-sized meeting room.
As one of the bases serving the real economy of the Zhengzhou Commodity Exchange, Tongzhou Cotton will earnestly implement the instructions of the Zhengzhou Municipal Party Committee and Municipal Government, actively participate in and fully promote the effective implementation of the “Futures+” strategy, and contribute the “Tongzhou Power” to supporting the enhancement of the Zhengzhou Commodity Exchange’s advantages!
Relevant Background In April 2022, the People's Government of Henan Province issued the "Opinions on Supporting the Enhancement of the Advantages of the Zhengzhou Commodity Exchange", proposing to improve the “Futures+” business model. In July, the People's Government of Zhengzhou issued the "Implementation Opinions on Supporting the High-Quality Development of the Futures Industry and the Full Implementation of the “Futures+” Strategy", putting forward 13 specific policy measures. On August 12, the People's Government of Zhengzhou held a press conference on the "Implementation Opinions on Supporting the High-Quality Development of the Futures Industry and the Full Implementation of the “Futures+” Strategy", reporting on the relevant situations of the issuance of the "Implementation Opinions", and the arrangements for building the futures industry into a characteristic and advantageous industry of Zhengzhou and supporting the enhancement of the advantages of the Zhengzhou Commodity Exchange.
Leaders from Xiamen C&D Group visited Tongzhou for investigation and guidance
On March 3, Wang Yongqing, Vice President of Xiamen CNOOC Group, visited Tongzhou Group for investigation and guidance. Wei Gangmin, Chairman of our company; Huang Hongyu, President; Li Tao, Vice President; and Zhang Zhiyan, Director of the General Office, met with and participated in a symposium.
Tongzhou Cotton Market Brief, Week 1 of March 2025
1) This week's National People's Congress and the Chinese People's Political Consultative Conference (NPC & CPPCC) in China boosted market expectations for steady growth. In February, the Purchasing Managers' Index (PMI) for manufacturing stood at 50.2%, up 1.1 percentage points from the previous month, indicating a significant improvement in the manufacturing sector.
In 2024, China's dyeing industry saw rapid export growth to ASEAN and RCEP member countries, exceeding the overall export growth rate. However, this growth was accompanied by a decline in prices. From January to December, China's exports of eight major dyeing products to ASEAN totaled 7.908 billion meters, a year-on-year increase of 12.14%, 4.61 percentage points higher than the overall export growth rate, accounting for 23.58% of total exports. The average export price was US\$1.19 per meter, a year-on-year decrease of 2.75%, 0.64 percentage points lower than the overall decline. Exports to RCEP member countries totaled 8.431 billion meters, a year-on-year increase of 11.35%, 3.82 percentage points higher than the overall export growth rate. The average export price was US\$1.17 per meter, a year-on-year decrease of 2.79%, 0.60 percentage points lower than the overall decline.
On February 28, Mr. Huang Hongyu, President of our company, was invited to attend the 2025 Zhangjiagang Cotton Industry Development Conference and, as a guest speaker at the "Xiangshan Roundtable," shared his views on the cotton market and trading opportunities.
Henan Tongzhou Cotton Industry Co., Ltd.
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Henan Tongzhou Cotton Industry Co., Ltd.
Address: 10th Floor, Henan Nongxin Building, No. 19 Commercial Outer Ring Road, Zhengdong New District,Zhengzhou, China
Tel：86037165836206
Email：tongzhou@tongzhoucotton.com
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