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Far East Holding Group Ranked No.12 Among 2015 Top 100 China Machinery Industry Companies

Date time:2016-05-28点击量:694作者:


Press Conference on 2015 Top 100 China Machinery Industry Companies and Top 30 China Automobile Industry Companies was held in Dongguan on May 26. Far East Holding Group ranked No. 12 among top 100 China Machinery Industry Companies in 2015. Marketing Manager of Far East Smarter Energy Co., Ltd. (abbreviation: Smarter Energy; stock code: 600869) Su Ruihui attended the conference and received the award on behalf of Far East.

Benefiting from a gradually implementation of the company's strategic transformation layout, Far East Holding Group achieved a steady improvement in 2015. Far East Smarter Energy, a listed company, realized an operating revenue at RMB11.711 billion in 2015, up 3.16% year on year; a net profit attributable to shareholders of listed company at RMB422 million, up 131.11% significantly year on year; a net cash flow from operating activities at RMB 1.382 billion, up 105.73% year on year. In addition, Far East adheres to the strategy of "main business + investment", developing greatly smarter energy as the main business and fully expanding investment business simultaneously based on its positioning as "a global investment management expert", in order to realize an organic integration of industrial and capital operation. In 2015, the investment exhibited a "reform bullish" status in China’s capital market, with emerging opportunities in the secondary market. By taking this opportunity, Far East has achieved fruitful results in foreign investment.

 In accordance with the main statistical indicators of 2015 machinery and automotive industry enterprises, and outstanding contributions and development results made by backbone machinery and automobile enterprises in the past year in restructuring, transformation and upgrading, innovation driven, independent innovation and brand building, China Machinery Industry Federation and China Association of Automobile Manufacturers verified, and listed 2015 top 100 machinery industry companies and top 30 automobile industry companies. Far East Holding Group was included into the list, together with China National Machinery Industry Corporation, Weichai Holding Group Co., Ltd., Shanghai Electric (Group) Corporation and Xuzhou Construction Machinery Group Co., Ltd., highlighting a backbone role played by these key enterprises in pushing forward the industrial restructuring and transformation & upgrading with their hard work and great progress made by taking huge pressure, in the background of complicated world economic environment and increasing domestic economy downward pressure.

 

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