Leaders from the China Securities Regulatory Commission visited Tongzhou Cotton for inspection and guidance


Leaders from the China Securities Regulatory Commission visited Tongzhou Cotton for inspection and guidance
+
  • Leaders from the China Securities Regulatory Commission visited Tongzhou Cotton for inspection and guidance
On March 31, Wu Weifei, Deputy Director of the Futures Department of the China Securities Regulatory Commission, visited Tongzhou Cotton for investigation and guidance. Mr. Wei Gangmin, Chairman of the Board, Mr. Li Tao, Vice President, Ms. Zhao Nana, Assistant to the Chairman, and Mr. Zhu Yaoqin, Assistant President, and other leaders held a cordial meeting and convened a seminar on cotton and cotton yarn spot and futures trading in the company's medium-sized conference room.
At the meeting, Chairman Wei introduced to the visiting leaders the development history, business model, and utilization of futures and options tools of Tongzhou Cotton. As one of the cotton industry bases of the Zhengzhou Commodity Exchange, the leaders of the China Securities Regulatory Commission fully affirmed the work done by Tongzhou Cotton in industrial service and market cultivation, and solicited opinions on the improvement of trading rules and delivery system for cotton and cotton yarn futures.
Going forward, Tongzhou Cotton will continue to leverage its industry influence and the "demonstration" role of the cotton industry base, fully utilizing cotton futures and options tools to empower upstream and downstream customers in the industry chain, continuously learning, exploring, and summarizing the ways and methods of using futures derivatives tools, guiding more industrial customers, listed companies, and leading enterprises to use futures and options to hedge market risks, and continuously contributing "Tongzhou strength" to the steady and high-quality development of China's cotton textile industry!

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 exports of dyed and printed fabrics to Vietnam and Bangladesh increased significantly.


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.


President Huang Hongyu was invited to attend the 2025 Zhangjiagang Cotton Industry Development Conference


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.