On August 7th, 2025, the annual meeting of the Spandex Branch of China Chemical Fiber Industry Association (hereinafter referred to as "Spandex Branch") was held in Xinxiang, Henan Province.

Duan Xiaoping, vice president of the China National Textile and Apparel Council, and representatives from enterprises in the spandex industry chain, including Xinxiang Chemical Fiber Co., LTD. (hereinafter referred to as "Xinxiang Chemical Fiber"), Hyosung Spandex (China) Co., LTD., Huafeng Chemical Co., LTD. (hereinafter referred to as "Huafeng Chemical"), Taihe New Materials Group Co., LTD., and Lianyungang Du Zhongxin Aoshen Spandex Co., LTD., attended the meeting.

The meeting summarized the main work of the current Spandex branch, introduced how spandex enterprises can apply for national-level green factories, and carried out the branch's term change. Xinxiang Chemical Fiber was re-elected as the new president unit of the Spandex Branch of the China Chemical Fiber Association. The meeting was presided over by Rong Zhongyu, the secretary-general of the branch.

The meeting focused on discussing the operation of the spandex industry from last year to the first half of this year. In 2024, the competition in the spandex market will be extremely fierce. The overall market will decline, and both product prices and industry prosperity will be at historically low levels. By the end of 2024, spandex enterprises were generally suffering losses, especially small and medium-sized ones, which were under great survival pressure. In the first half of 2025, the price of spandex products continued to decline, the industry operation continued to be under pressure, and the profits of enterprises continued to be challenged. It is worth noting that in recent years, the market demand for spandex has actually been on the rise, but the growth rate of supply has been faster than that of demand, leading to an imbalance between supply and demand. How should enterprises respond to market pressure?

The representatives attending the meeting generally agreed that, on the one hand, cost reduction and efficiency improvement are very crucial. Enterprises should accelerate technological progress, carry out technological transformation of existing and outdated equipment, increase the application of advanced equipment, further optimize the process flow, reduce energy consumption, and improve efficiency, lower the comprehensive production cost and enhance the overall profitability by applying intelligent equipment. For instance, Xinxiang Chemical Fiber has joined hands with Zhengzhou COSCO Spandex Engineering Technology Co., Ltd. to adopt advanced technologies such as high-efficiency and large-capacity continuous polymerization high-speed spinning and multi-head spinning of spandex, enhancing production efficiency and spandex quality. They have also carried out intelligent transformation, achieving robot filament dropping, automatic sorting and intelligent warehousing.

On the other hand, enterprises should avoid homogenized competition, increase the research and development and production of differentiated, functional and green sustainable spandex, raise the proportion of spandex with antibacterial, mosquito-repellent, deodorizing, UW-resistant and ultra-fine denier properties, increase the sales proportion of high value-added products, and explore more application fields. Strengthen the research and development and production of green spandex such as post-consumer recycled and bio-based, and promote the low-carbon and sustainable development of the spandex industry.

At the meeting, representatives of the key task undertaking units in the spandex industry during the 14th Five-Year Plan period respectively introduced the achievements their enterprises have made in technological innovation, new product development, green development and brand building.

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