Tongzhou Cotton - Strategic Cooperation Signing Ceremony between Beijing Institute of Materials and a Company

On the morning of October 24th, Henan Tongzhou Cotton Industry Co., Ltd. and Beijing Wuzi University signed a strategic cooperation agreement at the Tongzhou campus in Beijing. This marks a new stage in the "education, learning, and research" cooperation between Tongzhou Cotton and Wuzi University. Mr. Wei Gangmin, Executive Director of the China Cotton Association, Vice President of Henan Textile Association, and Chairman of Henan Tongzhou Cotton Industry Co., Ltd.; Ms. Yang Kun, Assistant General Manager of Henan Tongzhou Cotton Industry Co., Ltd.; Mr. Weng Xingang, Vice President of Beijing Wuzi University; and Ms. Zhao Xian, Dean of the School of Economics of Beijing Wuzi University, attended the signing ceremony. The ceremony was presided over by Mr. Meng Shangxiong, Vice Dean of the School of Economics.
At the signing ceremony, representatives from Tongzhou Cotton and Wuzi University engaged in in-depth and comprehensive discussions on specific cooperation matters, and unveiled the "Beijing Wuzi University School of Economics Off-Campus Talent Cultivation Base".
At the symposium, both parties agreed to fully exchange and cooperate on bulk production material circulation, spot markets, futures markets, international trade, and financial development. They decided that Tongzhou Cotton would be the commissioning entity, and the integration of the university's research strength would lead the joint efforts in conducting forward-looking, three-dimensional research and consulting. Future cooperation will be carried out in the form of projects. Simultaneously, Tongzhou Cotton will provide the university with internship and training bases, allowing students to work in the company, achieving a full integration of teaching and practice. Secondly, the two parties will develop a professional talent cultivation model, with the needs for professional talent cultivation proposed by the company, and the university providing customized solutions, building a high-quality talent cultivation platform for the company's talent reserves.
Finally, both parties agreed that initiating a school-enterprise cooperation model aligns with social trends and enterprise needs. It is beneficial for strengthening in-depth cooperation between enterprises and schools. Mutual support, mutual penetration, complementary advantages, and resource utilization between schools and enterprises are important pathways to achieving modernization of higher education and enterprise management, promoting enterprise production development, accelerating the improvement of the enterprise's own talent strength, and ensuring the sustainable development of education and enterprises. Through in-depth school-enterprise cooperation and following a path that combines education, learning, and research, both parties can achieve mutual benefit and win-win results.
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.