Jiangsu Accounting Talents Leading Class Visits Far East to Explore the Way of Enterprise Inheritanc

    On November 18, 2016, students of Jiangsu Accounting Talents Leading Class, led by Shi Xiaoming, Doctor of Accountant Branch of Department of Finance of Jiangsu Province, arrived at Far East and carried out subject research and communication here. Jiang Xipei, founder and Chairman of the Board and Secretary of Party Committee of Far East Holding Group Co., Ltd., Jiang Chengzhi, Chairman of Far East Smarter Energy Co., Ltd. (Abbreviated as Smarter Energy, stock code: 600869), Wan Jun, Chief Financial Officer of Smarter Energy, Liu Xiao, Director of Audit Settlement Department of Smarter Energy, Peng Yongjiu, Appointed Finance Controller of Financial Treasury of Smarter Energy, and other leaderships received the visitors.

Shi Xiaoming Makes a Speech at the Symposium

    Shi Xiaoming introduced the basic information of Jiangsu Accounting Talents Leading Class and indicated that purpose of the visit is to learn the extremely special experience of Far East Holding Group Co., Ltd., as a typical example of Chinese family enterprise, in aspects of inheritance and cohesive force. How to carry on the faith and cohesive force insisted by the Far East from generation to generation? How to build the foundation of close cooperation among family members? Students of Jiangsu Accounting Talents Leading Class came to Far East with these questions and hoped to find the “secret of enterprise inheritance”.

Jiang Xipei Makes a Speech at the Symposium

    During the symposium, the two sides interacted and communicated with each other on the project topic of The Enterprise Inheritance Based on Corporate Governance. Jiang Xipei believed that the most important factor for the sustainable development of the enterprise should contain shareholder structure, management structure and the value of culture, as well as the spirit of founder, including innovation, adventure, cooperation, win-win relationship, sharing and integrity. He shared the business partner mechanism, Core Employee Stock Ownership Plan and 361° Performance Evaluation System of the Far East with the leaderships, and said that the entrepreneurship mechanism and entrepreneurial platform established inside the company will stimulate inner motivation of employees to the greatest extent. So far, nearly 15% of core employees has become the shareholder of the Far East. Enterprise can only inherit itself by discovering, keeping and properly using the employees and stimulate their “spirit of founder”.

Jiang Chengzhi Makes a Speech at the Symposium

    As a successor, Jiang Chengzhi thought that inheritance is not just a task for a person or an occupation, but a system with the construction of talent team; it is not an incident, but a process. He thought that the successor should have the spirit of pioneering and the attitude of forgiveness and gratitude and learn the ability to work under pressure.

Wan Jun Makes a Speech at the Symposium

Q&A among Visitors

    With the ideas of “God reward those who work hard good”, “The culture of humanity includes harmony and flexibility”, “Business should come back to source”, Wan Jun explained the development idea and the value of culture of the Far East and emphatically introduced the transformation process of Smarter Energy. He also deeply communicated with students of Jiangsu Accounting Talents Leading Class, Ji Hui, Chief Financial Officer of Jiangsu Alcha Aluminium Co., Ltd., and Qiu Bei, Vice General-Manager of CNNC Hua Yuan Titanium Dioxide Co., Ltd., in the aspect of commodity spot trading cooperation.

Exchange at the Symposium

    Visitors also visited Far East Trading Pay Network Co., Ltd., Far East Material Trading Center Co., Ltd., EHV Cable Factory of Smart Energy and Science Museum of Smart Energy.

Visit to the Science Museum of Smart Energy