The Technology Center of Far East Cable Co., Ltd. Successfully Passed the Re-evaluation by the NDRC

Recently, the National Development and Reform Commission issued the 2015 No. 3449 Document-Announcement of National Development and Reform Commission of People's Republic of China-to release the evaluation results for 1090 state-certified enterprise technology centers. The Technology Center of Far East Cable Co., Ltd, a wholly owned subsidiary of Far East Smarter Energy Co., Ltd. (abbreviation: Far East Smarter Energy, stock code: 600869), successfully passed the re-evaluation, ranking No.134 among 1098 participating enterprises. The re-evaluation performance reflects the scale and competitive advantages in the Technology Center of the Far East Cable, a comprehensive display of the Far East Cable’s R & D and innovation capability too.

National enterprise technology center currently represents the highest-level, the most influential technological innovation platform authorized jointly by the National Development and Reform Commission, Ministry of Science and Technology, Ministry of Finance, General Administration of Customs, and State Administration of Taxation. Over the years, the Far East Cable has been strictly complying with the Measures on Management of State-Certified Enterprise Technology Center (Development and Reform Commission No. 53 Decree), and implementing the "two-transformation" strategic thinking and the guidelines of "integrity, innovation, science and technology, culture and talent". It has also been continuing to promote a business-based, market-orientedscientific and technological innovation system that combines production, study and research, strengthening the construction of technical center, improving R&D experimental conditions, and increasing the input in scientific and technological innovation year by year, as well as vigorously training and introducinghigh-tech talents, and further enhancing the enterprise core competitiveness, to offer a strong support to achieving a sustainable development of enterprise.

The pass of the re-evaluation will further encourage the Far East Cable to seek scientific and technological innovation, actively promote the implementation of the innovation-driven development strategy at the enterprise level, and enhance its scientific and technological competitiveness.