Yixing Municipal Party Secretary Shen Jian and other leaders visited Far East for inspecting and ins

In the morning of July 15^th, Yixing economic and technological development zone municipal party secretary as well as Yixing party committee secretary Shen Jian; Member of the Standing Committee, Deputy Mayor Mei Zhonghua; Member of the Standing Committee, Director of Environmental Science and Technology Park Management Committee Zhu Xufeng and other leaders visited Far East for inspecting and instructing. Party secretary of Far East Holding Group, Board Chairman and CEO Jiang Xipei, Board Director as well as CEO of Far East Smarter Energy Co., Ltd. (abbreviation: Smarter Energy, stock code: 600869) Jiang Huajun, Board Director and Secretary Jiang Chengzhi, Investor and Chief Operating Officer of Smarter Energy Chen Jing received them.

Jiang Xipei (the front left) and Shen Jian (the front middle), Mei Zhonghua (the front right) etc had a friendly communication

Leaders came to Smarter Energy Intelligent medium-voltage cable factory, Jiang Xipei introduced company's operating and situation of strategic transformation to these leaders. He said,Far Easthas been founded for 26 years, the achievements it acquired is inseparable from Yixing municipal party committee municipal government's concern and support. In the first half of 2016, the company overall operate in good condition. He reported group’s strategic planning goals in 2020 to the visiting leaders: by 2020, the annual revenue is to exceed 135 billion yuan, among which Smarter Energy is to reach 100 billion; annual net profit exceed 6 billion yuan, including 5 billion yuan in Smarter Energy; annual market value exceed 150 billion yuan, the brand value exceed 50 billion yuan, the staff per capita annual income will above 150,000 yuan.

Shen Jian appreciated the development of the Far East, giving a high recognition toFar Eastwhich took the initiative to transform and advanced strategic cooperation, seized opportunities to develop. He said, Yixing municipal party committee, municipal government will as always concern and support the development of the Far East and encourageFar Eastto make persistent efforts and create greater glory, continuing to contribute to Yixing economic and social development.