Our chairman, Wei Gangmin, was invited to attend and deliver a speech at the "China Bank Henan Branch Corporate Office Service Brand Launch Conference."

Our chairman, Wei Gangmin, was invited to attend and deliver a speech at the "China Bank Henan Branch Corporate Office Service Brand Launch Conference."
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  • Our chairman, Wei Gangmin, was invited to attend and deliver a speech at the "China Bank Henan Branch Corporate Office Service Brand Launch Conference."
On the morning of July 25th, Mr. Wei Gangmin, Chairman of our company, was invited to attend the "China Bank Henan Branch Corporate Office Service Brand Launch Conference" and gave a speech as the sole representative of the enterprises. In the afternoon, General Manager Wang Zeyu and his team from the Personal Digital Finance Department of the China Bank Head Office visited our company for investigation and guidance. Our company's Chairman Wei Gangmin, Assistant President and General Manager of the Finance Department Zhu Yaoqin, and other leaders attended the symposium.
Both sides agreed that Tongzhou and China Bank's story began in 2006. From business cooperation to collaborative win-win, from mutual efforts to common growth, for 18 years, both sides have sailed through storms together. Next, the two sides will take the "Corporate Office" as a link to strengthen communication and cooperation, deepen collaboration, and work together to make new and greater contributions to the high-quality development of Henan Province!

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Wei Gangmin, Chairman of our company, attended the Henan Textile "Three Associations" Council Representative Conference and delivered his views on the cotton market.

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The China Cotton Textile Industry Chain Supply Chain Development Conference, co-organized by our company, was successfully held.

Leaders from Xiamen C&D Group visited Tongzhou for investigation and guidance

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.

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Leaders from Xiamen C&D Group visited Tongzhou for investigation and guidance
Tongzhou Cotton Market Brief, Week 1 of March 2025

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.

Details

Tongzhou Cotton Market Brief, Week 1 of March 2025
In 2024, China's exports of dyed and printed fabrics to Vietnam and Bangladesh increased significantly.

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.

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In 2024, China's exports of dyed and printed fabrics to Vietnam and Bangladesh increased significantly.
President Huang Hongyu was invited to attend the 2025 Zhangjiagang Cotton Industry Development Conference

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.

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

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