Far East Had High-level Reciprocal Visits with the Leaders of GE Company to Promote Deep Cooperation

On March 11, a group of leaders including Dave Cox, Senior Global Purchase General Manager of GE Transportation System Group, (thereafter referred to as “GE Transportation”) came to Far East to have 2016 high-level reciprocal visits, communicating on the supply cooperation details, inspecting the development of new products and so on. Chairman of the Board and CEO of Far East Holding Group Jiang Xipei, CEO of Far East Smarter Energy Co., Ltd. (Far East Smarter Energy for short with stock code 600869) Jiang Huajun and others received them. The both sides had a deep discussion on the cooperation in the fields of strengthen high-end equipment manufacturing and new energy. The also reached a consensus on how to expand the cooperative scale and promote the cooperative level.

Jiang Xipei expressed a warm welcome to the visit of Dave Cox. He pointed out that the earlier strategic cooperation with GE Company showed that GE Company highly affirmed the strategy, culture, management, technology and service of Far East; seen from the GE’s continuous inspection and learning of Far East in the past, GE’s culture is creative culture, value culture, quality culture and brand culture, which happened to have the same view with Far East’s entrepreneurial culture, innovative culture, institutional culture and credit culture. Far East cherished every chance that GE offered, believed to be GE’s best cooperative partner, expected to start with the GE Transportation to find more cooperative opportunities under the huge developing strategy of GE Group in the future.

Jiang Xipei made a speech in the symposium

Dave Cox gave high appraisal and affirmation to the Far East, he said that the reason why GE choose Far East as the only supplier of smart green traffic wire and cable in the world except for North America is that Far East’s smart products have reached the international strictest standards for environmental protection, which possessed the forefront equipment technology. So far, Far East has transformed according to the domestic and international situation, and it is the model of innovative enterprises. Its developing direction in the future happened to coincide with GE’s position of establishing innovative solution and they are closest cooperative partners. He expected that both sides could broaden cooperative fields, expand cooperative scale, promote cooperative level, thus realizing longer cooperation.

Dave Cox, Senior Global Purchase General Manager of GE Transportation, made a speech in the symposium

Soon afterwards, Jiang Xipei talked freely with Housai ? Molina, Global Purchase Director for power electronics parts of GE Transportation, and Wu Tao, Purchase Director in China, about the wills to comprehensively cooperate between both sides in the fields such as new energy, clean energy, high-end equipment manufacturing and industry 4.0, etc., and establish periodical high-level reciprocal visits mechanism, expected to reach the goal of making deep communication, tracing and pushing the cooperative projects and realizing mutual benefit and win-win result.

Communication between both sides

On-the-spot inspection of production field 1

On-the-spot inspection of production field 2

The group of leaders including Dave Cox also inspected the Far East Smarter Energy Marine Equipment Cable Factory and High-end Equipment Cable Factory. Wang Chuanbin, who is Investor and Senior Vice General Manager of Far East Smarter Energy, CTO and CQO of cable industry, Chen Haiping, who is Investor, Senior Director and General Manager Assistant of Far East Cable, Hu Qingping, who is Investor and Senior Director of Technology Research Institute, Li Lin, who is Investor and Senior Director of Quality Management Department, Jia Hai, who is Director Assistant and Marketing Director of Far East Cable, Liu Shuhai, who is Senior Marketing Operator and Senior Director, and Members of GE transportation machine cable project team received them.

Group photo of Jiang Xipei (first from right), Jiang Huajun (first from left), Dave Cox, Senior Global Purchase General Manager of GE Transportation (second from right) and Housai ? Molina, Global Purchase Director for power electronics parts (second from left)

Group photo of both sides