Our company successfully held a special event themed "Futures Services for Small and Medium-sized Enterprises - Promoting High-Quality Economic Development in Henan"


Our company successfully held a special event themed "Futures Services for Small and Medium-sized Enterprises - Promoting High-Quality Economic Development in Henan"
Our company successfully held a special event themed "Futures Services for Small and Medium-sized Enterprises - Promoting High-Quality Economic Development in Henan"
Our company successfully held a special event themed "Futures Services for Small and Medium-sized Enterprises - Promoting High-Quality Economic Development in Henan"
Our company successfully held a special event themed "Futures Services for Small and Medium-sized Enterprises - Promoting High-Quality Economic Development in Henan"
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  • Our company successfully held a special event themed "Futures Services for Small and Medium-sized Enterprises - Promoting High-Quality Economic Development in Henan"
  • Our company successfully held a special event themed "Futures Services for Small and Medium-sized Enterprises - Promoting High-Quality Economic Development in Henan"
  • Our company successfully held a special event themed "Futures Services for Small and Medium-sized Enterprises - Promoting High-Quality Economic Development in Henan"
  • Our company successfully held a special event themed "Futures Services for Small and Medium-sized Enterprises - Promoting High-Quality Economic Development in Henan"
On December 8th, an event titled "Stabilizing Enterprises, Ensuring Farmers' Safety, and Protecting the Real Economy" and "Futures Services for Small and Medium-sized Enterprises - Promoting High-Quality Economic Development in Henan" was successfully held in Zhengzhou, Henan. The event was jointly organized by the Zhengzhou Commodity Exchange, the China Association of Small and Medium-sized Enterprises, and the China Futures Association, and co-organized by Tongzhou Cotton and Yong'an Futures. The event was extremely popular, with over 200 participants from ginneries, traders, spinning mills, warehousing and logistics companies, and other cotton-related units from all over the country.
Mr. Wei Gangmin, Chairman of our company, rotating chairman of the council of the China Cotton Association, and vice chairman and chairman of the raw material industry chain branch of the China Cotton Textile Industry Association, delivered the opening remarks.
In the thematic report session, Mr. Wang Keqiang, general manager of the Investment Consulting Department of Haitong Futures, gave a special sharing session on "Macroeconomic Situation and Outlook for 2024." Mr. Wang elaborated on the possible trends of the global economy next year from aspects such as monetary policy, fiscal policy, industry cycle, and differences between China and the United States.
Following this, Ms. Wang Si Jia, cotton researcher at Tongzhou Cotton, delivered a thematic report on "Contradictions and Prospects of the Cotton Market in the New Year." From the dimensions of supply and demand, valuation and drivers, reality and expectations, she comprehensively and systematically analyzed the main contradictions of domestic and international cotton, greatly deepening everyone's understanding and cognition of the cotton market.
Subsequently, Ms. Wang Qinghua, head of the agricultural products sector of the over-the-counter options investment research and strategy department of Yong'an Capital, gave a "Practical Sharing of Cotton Over-the-Counter Option Strategies." Through her wonderful explanation combining theory and practical cases, she further improved the understanding and practical application level of the participants on option tools.
In the roundtable forum session, Mr. Wei Gangmin, chairman of our company, expressed his views on the future market outlook and trading strategies for the cotton market from the dimensions of macroeconomic trends, production capacity cycles, industry contradictions, cotton supply and demand, and valuation drivers, which were generally well-received by the participants.
 

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.