Vice Chairman of Tianjin CPPCC Wang Zhiping and Leaders Visited Far East for Inspecting and Instruct

July 13, Vice Chairman of Tianjin CPPCC Wang Zhiping, director of Investment Promotion Office Sun Hujun, deputy director Zhang lianjun, Zhao Tiankun, deputy director of Tianjin Dongjiang Bonded Area Administrative Committee Yang Liu and his group visited Far East for inspecting and instructing. They are received by Board as well as CEO of Far East Smarter Energy Co., Ltd. (abbreviation: Smarter Energy, stock code: 600869) Jiang Huajun, CEO of Far East Materials Trading Center Co., Ltd. (abbreviation: Trading Center) Huang Qingfeng, Senior director of Trading Center General Manager Work Department Jiang Jian, deputy director of Far East Holding Group Cash Management Department Zhou Yin etc. The two Parties had a in-depth discussion about further expanding cooperation in the areas of finance, trade, etc.

Jiang Huajun introduced Smarter Energy’s Industry layout

Jiang Huajun offered his welcome to the visiting leaders. He pointed out that Far East Holding Group had gone through 26 years of development since it founded in 1990. In 2006, the group established the "main business + investment" development strategy. And in 2013, the group made a clear direction of development that is “Global investment management experts, smarter energy experts is smarter energy and smarter city system service provider”. At present, the group operating income reached 30 billion yuan of above. As for main business, Far East Smarter Energy is positively getting through the energy internet sector while the traditional business grows steadily. The group started to work on energy internet in 2013, acquiring Intelligence Power, TOAERO, SEMEUREKA, First New Energy and etc. Energy interconnection platform’s building is becoming more and more perfect, subordinate energy control system, lithium-ion batteries, intelligence system, cables and wires, e-commerce, “Trading Pay” and etc had apparent synergistic effect. The next step, Far East Smarter Energy will further improve the smarter energy industry chain, focusing on the sale of electricity, energy storage technology and other fields. In the aspect of the internationalization, Far East Smarter Energy made the internationalization development strategic objective in 2020. In the future, Far East Smarter Energy will closely follow the national policy guidance, combining with the group’s situation, and make steady progress in the internationalization development.

Wang Zhiping made a statement

Wang Zhiping pointed out that, Jiangsu as the second big economic province in China, has a large number of outstanding enterprises, Far East is the representative of the outstanding enterprises. Far East, with a clear layout in the aspect of smarter energy industry, has a vast development space in the future. He also stressed, Tianjin has the sole free trade zone in the north. Under the major national strategy of the coordinated development of Beijing-Tianjin-Hebei, it achieved the rapid economic development and led the country for five consecutive years, with the total amount of industrial economy exceed three trillion as well as total annual investment exceed one trillion. Tianjin has a good investment environment and supporting facilities, good industrial foundation, convenient transportation, and more policy support. In the aspect of tax and trade, Tianjin also has obvious advantages. He said, in the development strategy of “going out” and under the big background of a new way of thinking, a new plan of the whole construction of Tianjin city. Tianjin warmly welcome Far East’s entering. Further expanding the scope and content of cooperation between the two sides, hoping business enterprises realize their own development and at the same time, make some contribution to Tianjin’s economic and social development.

Huang Qingfeng reported the related situation of the trading center

Yang Liu introduced preferential policy of Dongjiang Bonded Area

Huang Qingfeng reported the related situation of the trading center and Yang Liu introduced the preferential policy in the tax, trade, etc, of Dongjiang Bonded Area.

Symposium Scene

Head of the Third Department of Tianjin Investment Promotion Office Niu Kun, General Manager of Tianjin Dongjiang Investment Promotion Service Co., Ltd Wang Haoyu, Principal Staff Member of the Third Department of Tianjin Investment Promotion Office Li Jimeng, Ren Peng, Investor of Smarter Energy, Assistant to Marketing Director as well as Cable marketing director of Far East Tang Suhua, Trading Center Assistant Director of the Finance Department Qiao Tonglei and other members joined the Symposium.

Jiang Huajun (second from right) accompanied Wang Zhiping (right), Sun Hujun (The front right) etc visited Smarter Energy Science and Technology Museum

The leader and his group also visited Smarter Energy Science and Technology Museum, listening to staff’s report about company development, enterprise culture, charity & public benefit and industry layout, etc.