Mr. Li Shengjun, President of Tongkun Group Co., Ltd., delivered the opening address. He noted that 2024 is a year filled with both challenges and opportunities for the global industrial chain. The polyester industry faces a series of issues, including the release of new production capacities, intensified regional competition, pricing shifts, and global supply chain changes. In the face of these risks and challenges, he expressed confidence that the industry will stand firm, overcome obstacles, and achieve a turnaround toward economic recovery. Mr. Li hoped this summit would become a landmark event for the polyester industry chain's development and wished all attendees an enjoyable and meaningful experience in Wuzhen.

Mr. He Tao, General Manager of the Polyester Division at Zhejiang Qiancheng Petrochemical Co., Ltd., also gave an opening speech. He highlighted the polyester industry's continuous development, growing exports, and ongoing technological breakthroughs, all of which are driven by the hard-working, practical spirit of those within the sector. He encouraged everyone to embark on this journey of exchange, filled with hope and challenges, and to work together towards a better future.

Mr. Lai Tianming, General Manager of Zhejiang Huarui Information and Consulting Co., Ltd., also delivered opening remarks. He acknowledged the complex domestic environment of stagflation and deflation, alongside an unpredictable international economic climate. Despite these challenges, the polyester industry faces unique opportunities, and more companies are exploring global strategies while mitigating potential risks. Mr. Lai expressed his hope that this summit would serve as a valuable platform for information exchange among enterprises and experts, and he wished the summit every success.