Henan University of Technology jointly held an economic symposium with our company
On February 24th, an economic exchange symposium between the School of Economics and Trade, Henan University of Technology, and Henan Tongzhou Cotton Group was grandly held at our company. More than ten professors, doctors, and master's supervisors from the School of Economics and Trade, including Dean Zhao Yuxin and Party Secretary Xu Zhaohui, along with Chairman Wei Gangmin and General Manager Huang Hongyu from Henan Tongzhou Cotton Group, participated in the symposium.
At the symposium, both sides engaged in in-depth discussions and analyses of current economic issues, and made macro-level analyses and predictions of future economic trends. The school's teachers provided a macro-analysis of the current market economy from a theoretical perspective, while company leaders presented a realistic account of the economic situation they face in the course of business operations.
This meeting further deepened the exchange and cooperation between the school and the enterprise, achieving mutual benefits. It enhanced the company's theoretical level in macroeconomic research and provided a theoretical foundation for the company's next market research. The school leaders attending repeatedly stated that they greatly benefited from the discussions with company leaders. School-enterprise cooperation has provided them with a practical foundation for their theoretical research in the economic field, clarifying the direction for their future research and reminding them to combine research with enterprise practice. They expressed hope for more such opportunities, allowing the school and enterprise to strengthen cooperation in different fields so that theory can better guide practice.
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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