Our chairman, Mr. Wei Gangmin, led a team to the market frontline
In March, the Jiangsu and Zhejiang regions were vibrant with the spring atmosphere! From the 3rd to the 6th, Mr. Wei Gangmin, Chairman of our company, led a team to visit leading companies in the industry, including Zhongheng Supply Chain Co., Ltd., Shaoxing Xinglian Supply Chain Management Co., Ltd., Zhejiang Luyu Textile Co., Ltd., Zhejiang Dongliyuan Supply Chain Management Co., Ltd., Bailong Oriental Co., Ltd., and Zhe Philosophy Holdings Group Co., Ltd. Ms. Zhao Nana, Assistant to the Chairman, accompanied the visit and inspection.
Chairman Wei's team learned in detail about the development history, product characteristics, and future development plans of the visited companies. They focused on investigating the companies' business models, profitability, and core competitiveness, and engaged in in-depth discussions on the operation of various links in the cotton, yarn, cloth, dyeing, and garment industry chains, and explored their expectations for the future market.
Through this on-site visit and frank face-to-face communication, Tongzhou's brand influence and industry position were once again demonstrated, mutual trust, understanding, and relationships were further deepened, laying a solid foundation for our company's expansion, optimization, and strengthening of its supply chain and promoting win-win cooperation among all parties. It also accumulated new momentum for jointly promoting the upgrading of the cotton textile industry and high-quality industry development!
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.
Contact
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
Mobile
CopyRight © 2025 Henan Tongzhou Cotton Industry Co., Ltd.