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On the occasion of the growing and colorful Meng Xia era, the 2024 Annual Meeting of the Iron Oxide Pigments Branch of the China Coatings Industry Association was successfully held, with the theme of “Developing New Quality Productivity to Promote a New Journey of the Industry”. The meeting explored from multiple perspectives and jointly promoted the development of the iron oxide pigment industry. Lei Zhengjun, Vice Chairman of the Branch and Chairman of Yuxing Technology, and Chen Tao, Deputy General Manager of Sales, jointly attended the meeting.

During the meeting, Liu Pujun, President of the China Coatings Industry Association, congratulated the iron oxide industry on its achievements in the past year and the successful convening of the industry annual meeting.

President Liu pointed out that Chinese coatings are an important engine for the world’s coatings, and iron oxide pigments, as important raw materials for consumption in the coatings industry, have a promising future market prospect.

President Liu emphasized that in the future, the paint industry will take effective measures together with the iron oxide industry, gather various forces, break through the ice with ideas to lead development and break through, and improve and empower the manufacturing industry to excel through measures.

During the meeting, Chairman Lei reviewed the development of Yuxing Technology in 2023 and shared the work experience of Yuxing Technology in green development, energy conservation and consumption reduction.

At the same time, Chairman Lei proposed two suggestions regarding the current situation facing the iron oxide industry: firstly, focus on regulating the market and accelerating the construction of industry alliances. The iron oxide industry should work together to build a comprehensive and deep level enterprise alliance, consolidate the strong force of market regulation, and create conditions for winning the competitive initiative. The second is to focus on the bottom line of industry access and accelerate the construction of green production alliances. Enterprises in the iron oxide industry should accelerate the process of green development, strive to build a healthy industry competition pattern, and win the long-term development of the industry.

The convening of this annual meeting not only boosted industry confidence, but also pointed out the direction for the future development of the industry. Yuxing Technology will also work hand in hand with peers to promote the high-quality development of the entire industry chain of China’s iron oxide pigment industry through practical actions, and jointly paint a new chapter of green development!