The authoritative official media, Zhengzhou Daily, publicized and reported on Tongzhou Cotton
On September 4th, Gao Yi, member of the Municipal Standing Committee and executive deputy mayor, led officials from relevant departments including the Municipal Finance Bureau, Development and Reform Commission, Finance Bureau, Commerce Bureau, and State-owned Assets Supervision and Administration Commission to conduct on-site investigations at the Zhengzhou Commodity Exchange and supply chain enterprises regarding the innovative development of the futures market.
At Zhengzhou Ruimaotong Supply Chain Co., Ltd. and Henan Tongzhou Cotton Industry Co., Ltd., Gao Yi listened to introductions of the companies' businesses and learned about their experiences in driving enterprise transformation through supply chain innovation. At the Zhengzhou Commodity Exchange, Gao Yi observed the functioning of the futures market and affirmed the measures taken by the Zhengzhou Commodity Exchange to support supply chain enterprises in leveraging the futures market to enhance their competitiveness. He pointed out that the Zhengzhou Commodity Exchange is the birthplace of the national futures market and a golden signboard for Zhengzhou's capital market. The municipal government attaches great importance to the development of the Zhengzhou Commodity Exchange and the futures industry, earnestly implementing the provincial Party committee's strategy of rebuilding the advantages of the Zhengzhou Commodity Exchange, strongly supporting the innovative development of the Zhengzhou Commodity Exchange, and striving to build the Zhengzhou Commodity Exchange into a standardized, open, and more competitive first-class trading platform.
During the investigation, Gao Yi requested that the Zhengzhou Commodity Exchange give full play to its own advantages, continuously launch new products and tools, and demonstrate new responsibilities and achievements in serving the high-quality development of Zhengzhou's real economy and promoting the modernization of the national center city. Large supply chain enterprises such as Ruimaotong and Tongzhou Cotton should leverage their advantages in spot resources, logistics, and funds, actively utilize futures tools, continuously improve their enterprise risk management capabilities, comprehensively enhance their core competitiveness, and strive to become "chain-leading" enterprises as soon as possible. (September 5th Zhengzhou Daily, front page)
Report link: http://www.zhengzhou.gov.cn/news1/6676903.jhtml
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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