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                Mr. Luan Richeng
                Vice president of CPC group member, chairman and chairman of China Textile Committee
                Sixty-seven years of hard work,sixty-seven years of Chunhua Qiushi. Following the growth of the Republic, after several generations of hard work, China Textile Group Co., Ltd. has written a magnificent chapter in the history of the development of textile trade in New China. On July 18, 2016, with the approval of the State Council, China Textile was integrated into COFCO Group Co., Ltd., and the cotton business became one of the four core core businesses (grain, oil and cotton) of COFCO. The "Thirteenth Five-Year Plan" period is the decisive stage of China's comprehensive construction of a well-off society, and it is also the sprint stage of building a textile powerhouse. It is also a key stage in the development of China's textile specialization and industrialization. China Textile will continue to adhere to the value concept of “strive for excellence, initiative, and courage”, and continue to lead the cotton textile industry and other businesses to become stronger and stronger with innovation drive and quality improvement, and shoulder the responsibility of maintaining the national cotton industry. The important historical mission of the main force of security is to continuously enhance the vitality, influence and control of the enterprise in the industry, and accelerate the pace of making Chinese textiles an “international big cotton merchant”. Looking ahead, opportunities and challenges coexist. In the process of economic globalization, competition is more intense and cooperation is still the mainstream. China Textile will adhere to the win-win concept, commit itself to the development and cooperation of domestic and foreign markets, ensure the preservation and appreciation of state-owned assets in the common development, and continuously enhance the value of shareholders and employees.