The 14Th Board Of Directors Of The 3Rd Textile Light Foundation Was Held

On March 26, 2025, the 14th meeting of the 3rd Council of the Textile Light Science and Technology Education Foundation was held in Beijing. The Board of Directors reviewed and passed the 2024 work summary and financial statement report, added the Management Measures for the Investment of the ETF Index Fund of the Textile Light Science and Technology Education Foundation, and added Chen Zhihua as the director of the Foundation. Xia Lingmin, Secretary General of China Textile Industry Federation, Liang Pengcheng, Vice President , and directors and supervisors of the Textile Light Foundation attended the meeting online and offline.

　　 Ye Zhimin, Chairman of Textile Light Foundation Chair the meeting.

　　 Zhang Cuizhu, Vice President and Secretary General of Textile Light Foundation Summarize the work of the Foundation in 2024. In 2024, the Foundation will strictly abide by relevant laws and regulations and various management measures, fully promote the work deployment of the Council at the beginning of the year, take promoting scientific and technological progress and talent training in the textile industry as the core goal, and continue to help the public welfare projects of science and technology education in the industry. At the same time, gradually standardize the management process, actively build a charity platform, and provide more professional services for the textile industry.

The Foundation has always focused on industry science and technology education, promoted scientific and technological progress and talent cultivation in the textile industry, and fully played the advocacy and promotion role of industry charities. In 2024, the Foundation spent 23.346 million yuan on public welfare charity activities in the whole year, mainly funded industry science and technology awards, applied basic research, skilled talents and other projects, and set up "Textile Light" in 16 colleges and universities The education project awards outstanding teachers and students, and carries out the activities of "Light of Textile · Love and Benefit".

Zhang Cuizhu mentioned that in 2025, the Foundation will continue to widely mobilize all forces, broaden fund-raising channels, actively respond to the challenge of insufficient funds, and continue to play the role of charitable organizations as a platform for public welfare. At the same time, it will further optimize the internal management process, improve the efficiency of fund use, and improve the implementation effect of the project. Ensure that every penny is spent on the cutting edge, provide solid support for the high-quality development of science, technology and education in the industry, and contribute to the cultivation of new quality productivity in the textile industry.

　　 Zhao Zhi'e, Office Director of Textile Light Foundation Explain the financial statement report of 2024. In 2024, the total income of the Foundation will be 20.6074 million yuan, the total expenditure will be 27.9406 million yuan, and the net assets at the end of the year will be 90.2685 million yuan.

In order to standardize the ETF investment business of the Foundation, effectively control investment risks, and ensure the safety and steady appreciation of fund assets, the withdrawal system is hereby formulated in accordance with national laws and regulations and the investment management regulations of the Foundation, and the Measures for the Investment Management of ETF Index Fund of Textile Light Technology Education Foundation is supplemented.

　　 Sun Xiaoyin, Supervisor of Textile Light Foundation When the supervisor expressed his opinion, he pointed out that the meeting met the requirements and the resolution was effective. He hoped that the Foundation would do a good job in budget management, control the balance of income and expenditure, and strictly control investment risks.

　　 Xia Lingmin, Secretary General of China Textile Industry Federation and Executive Chairman of the Presidium of Textile Light Science and Technology Education Foundation In the summary, the work of the Foundation in 2024 was affirmed, and the directors were expected to have a deep understanding of the actual situation faced by the Foundation and continue to support the work of the Foundation. He stressed that the foundation must ensure compliance operation, improve system construction, improve fund-raising ability and capital maintenance and appreciation level, enhance autonomy in work, do a good job in the acceptance and evaluation of applied basic research projects, and ensure the efficiency of capital use. At the same time, the Foundation should strengthen communication and cooperation with both inside and outside the industry, expand the scale of the Fund, promote the continuous development of work with more open and innovative thinking, and make greater contributions to the scientific and technological progress and talent cultivation of the textile industry. (Text: Li Yajing Picture: Xiang Cheng)

(Source: Light of Textile)