On May 22, a delegation led by Wang Zhaohui, Member of the CPC Committee and Deputy General Manager of COFCO Oils & Oilseeds, Ma Tongchao, Member of the CPC Committee and Deputy General Manager of COFCO Trading, and Lyu Mengyuan, General Manager of the Risk Control Department of the Legal and Risk Control Department of COFCO Group, visited Tongwei for inspection and exchange. He Dongjian, Executive Deputy General Manager of TWAD, warmly received the guests and hosted the seminar. Relevant business heads attended the meeting, including Wang Rong, head of the Procurement Department of TWAD; Dr. Zhu Dan, Director of the Livestock and Poultry Research Institute; Dong Xiuhong, head of the Quality Control Department; Zhang Jie, head of the Information Department; and Wang Yang, head of the Communication and Planning Department.
The guests first visited the Group Experience Center. Through this, they gained a preliminary understanding of Tongwei's industrial layout characterized by the collaborative development of green agriculture and green energy.
During the seminar, the guests watched the promotional video of TWAD. This provided them with a comprehensive understanding of the Company's product quality, raw material procurement, intelligent production, and future development blueprints.
Wang Rong, head of the Procurement Department, provided a supplementary introduction to Tongwei's development history. Wang stated that Tongwei has long been deeply engaged in the two major fields of green agriculture and green energy, constructing a sound governance structure and industrial layout. In the agricultural and pastoral sector, Tongwei maintains a steady growth trend as a global leader in the feed industry. In the PV sector, Tongwei has achieved a full industrial chain layout, with its scale ranking among the top in the world. The Company pioneered the "integration of fishery and PV" farming model globally, realizing innovative synergy between its two core businesses. In the future, Tongwei will continuously consolidate its basic feed business, actively expand into overseas markets, and deepen the synergistic effects of the entire industrial chain. It will adhere to R&D and innovation to assist the high-quality development of the industry.
Wang noted that currently, China's feed output is growing steadily, with structural transformation emerging as the primary driving force. The feed industry has entered an era of stock competition, and industry resources are accelerating toward leading enterprises. As a critical controller of costs, Tongwei's procurement system features a simple, clear organizational structure and operates with high efficiency and transparency. Its long-term strategic cooperation ratio remains stable at over 80%. As one of Tongwei's core strategic suppliers, COFCO has achieved mutual progress through resource complementarity and industrial chain synergy. Tongwei hopes to continuously upgrade the cooperation volume in the future and conduct high-frequency communications on industry information to assist in win-win development.
The head of the Brand Management Department of COFCO Group introduced COFCO's development goals and organizational structure. She stated that currently, in the face of profound transformations and challenges within the feed industry, COFCO adheres to a customer-centric philosophy. COFCO deeply resolves customer needs and pain points, establishing systematic working mechanisms and full-chain solutions. COFCO attaches immense importance to its cooperation with Tongwei and hopes this exchange will propel the upgrade of bilateral cooperation.
Mr. Wang Zhaohui, Member of the CPC Committee and Deputy General Manager of COFCO Oils & Oilseeds, stated that as one of COFCO's most important key accounts, the parties have partnered for over twenty years. This exchange not only allows for feedback and discussions on relevant matters in the cooperation but also lays a solid foundation for better partnerships in the next phase.
He Dongjian, Executive Deputy General Manager of TWAD, pointed out that the feed segment constitutes the core base of Tongwei's development. Since its official establishment in 2022, TWAD has built an important platform for the redevelopment and re-breakthrough of the agricultural and pastoral sector. This exchange serves as a vital opportunity to drive deeper cooperation with COFCO. Tongwei hopes to maintain highly efficient interfacing with COFCO in the future, achieving mutual progress in growth momentum.
During the mutual exchange session, the heads of various COFCO companies and segments briefly introduced their respective situations. They carried out technical communication with Tongwei regarding industry demands and segmented raw material categories. In 2026, the prices of bulk raw materials rose significantly, which cast a certain impact on the procurement plans of feed enterprises. Tongwei expressed its hope to work alongside COFCO to maintain the stability of raw material quality, assisting the high-quality development of the industry. The parties further explored subsequent modes of cooperation, planning to conduct specialized seminars around specific procurement, financial support, risk management, and scientific innovation to drive multi-dimensional cooperation and achieve resource complementarity.
COFCO and Tongwei share a common mission and vision. Both parties unanimously stated that they would take this exchange as an opportunity to continuously deepen strategic synergy. They will strengthen the linkage between the upstream and downstream of the industrial chain, confront industry challenges together, and assist China's agricultural and pastoral industry in moving toward a more sustainable development path.
