Far East Upholdsthe Craftsmanship and Endorses for Chinese Industry

    Since the foundation of Far East Holding Group Co., Ltd. in 1985, the top management team centered on the founder Jiang Xipei has put priority on the quality of products and services. Abiding by integrity and seeking excellence, the Far East Holding Group accelerates industrial upgrading based on the “high-end, integrated and international” strategy. Under the quality policy of “exceed user expectations, producing world famous brand”, it enlarges the industrial chain layoutthrough merging and reorganization, thus inheriting craftsmanship and boosting Chinese industry.

    Providing High-Quality Products and Services to Global Power Transmission through Smart Cables and Wires

    The Far East Holding Group upholds craftsmanship. Far East Smarter Energy Co., Ltd. (Smarter Energy, stock code: 600869), a subsidiary corporation owned by Far East Holding Group, has such subsidiaries as Far East Cable Co., Ltd., New Far East Cable Co., Ltd., Far East Composite Technology Co., Ltd., Anhui Cable Co., Ltd., ShengDa Electric Co., Ltd., Far East New Material Co., Ltd., etc., which have devoted to researching and producing cables and wires for many years, providing high-quality products and services to global power transmission industry.

    Over the past three decades, the company has insisted in advancing and innovating to develop intellectual products with “high-end, integrated and international” features. Based on market demands, it focuses on ultra-high voltage grid, smart grid, clean energy, green buildings, high-end equipment, national defense equipment, intelligent transportation products and others, enhancing core competitiveness and maintaining a company image of craftsmanship.

    The Far East Cable, a supplier providing the most kinds and the biggest sales volume of cables and wires, enjoys such honors as China Quality Award, Jiangsu Quality Award, National Quality Award in Machinery Industry, Mayor Quality Award of Wuxi, Mayor Quality Award of Yixing, etc. It has provided products and services to major infrastructure construction and grid construction and reconstruction home and abroad, including Three-Gorge Power Transmission Project, Shanghai Expo Project, The Shanghai World Financial Center, Hong Kong-Zhuhai-Macao Bridge, Space Launch Center in Wenchang (Hainan), Jiuquan Satellite Launch Center, Tiangong-2 Project, Shenzhou-11 Project, Chashma Nuclear Power Plant in Pakistan, Guangxi Fangchenggang Nuclear Power Plant, Qinshan Nuclear Power Plant, Tianwan Nuclear Power Plant, Hualong One and other nuclear projects.Its products are widely used in smart power, smart transportation, smart energy, smart construction, and other fields. The Far East Cable represents the best performance of cables and wires, erecting a national brand through perfect quality and integrity and devoting to Chinese industries.

     ProvidingSmarter Energy and Intelligent City System Service by Optimizing Industry Chain Layout

    The Smarter Energy is committed to the vision of “a global leader in providing Smarter Energy and Intelligent City system service”, and becoming a major supplier of smart energy and smart city system with smart distributed generation techniques and products, battery cells, high-performance lithium ion battery packs, new energy automobile, etc.

    Far East First New Energy Co., Ltd., a subsidiary corporation of the Smarter Energy, has been developed into a professional leading new energy enterprise with lithium ion battery R&D, production, sales, and after-sale services. Its products are widely applied to electric vehicles, mail cars, special vehicles, base station energy storage, electric bicycles, laptops, portable power sources and others. The production and sale scale of its 18650 cylindrical lithium battery has ranked the first in China and the third around the world. Beijing SEMEUREKA Electrics Co., Ltd. has devoted to providing automatic power transmission and distribution system. Shanghai Intelligence Power Co., Ltd. focuses on electric power survey & design, general contracting of electric power project, project management, engineering technology consultation, service, energy investment and other system services.Far East Integration Technology Co., Ltd. focuses on the engineering construction solution of low costs but high efficiency, distributed energy system and energy management system. Far East Energy Service Co., Ltd. provides electricity allocation and sale services and manages energy efficiency system for smart community, smart city, smart power and smart power grids.

    In November 2016, the Smarter Energy and Jiangsu Far East First New Energy Co., Ltd., a wholly-owned subsidiary of Smarter Energy, signed the Cooperation Agreement on the Establishment of Smarter Energy Industrial Park with Gaocheng Town People’s Government of Yixing City, Jiangsu Province, to establish the “Smarter Energy Industrial Park” and industrial chain projects, such as 6GW high-performance and energy-storage power battery. It initially constructed the company’s resources and advantages in new energy automobile industry chain. In 2017,Smarter Energy established Detroit Electric Co., Ltd. with Detroit Electric Holdings Limited, indicating that Smarter Energy has formally entered the field of new energy automobile, further deepened the layout of new energy automobile industrial chain and broadened its strategic map. According to the plan, the first electric vehicle of mid-to-high end will be off the assembly line in 2019. The annual output of 2021 will be 100,000 and there will be 1 million in 2030.

    Over the past three decades,the Smarter Energystays true to its mission and forges ahead. With the mission of becoming a “Smarter Energy Expert”, the company insists on professionalism, craftsmanship and actively layouts and optimizes industry chain, thus boosting Chinese industries by providing smarter energy and intelligent city system service.

    Bringing Strong Power for Chinese Industries by Investing Leading Enterprises

    The Far East Holding sets “main business + investment” as its development strategy with smart energy as the major and global investment management expert as the positioning. It focuses on the investments tosmarter energy, great health, great consumption, food and drinks, advanced manufacturing, automated industry, TMT, cloud computing, etc. The foreign investments have scored lots of good records and the achievements are perfect as a whole. Until March 31, 2017, it has invested 339 enterprises and accumulated 98 listed companies (including 28 NEEQ), and there is 1 waiting for listing and 18 waiting for disclosing.

    In March 2017, the Smarter Energy invested RMB 300 million and founded Far East Smarter Energy Investment Co., Ltd. (Smarter Energy Investment), which focuses on investing, planning and implementing the system service of the Smarter Energy in an overall, long-term and professional way, thus facilitating the interaction between industrial operation and capital operation, optimizing resource allocation, nurturing new growth point, enhancing the company’s innovation capability and core competitiveness and the abilities of risk resistance and bringing follow-up benefits, and promoting its long-term development and strategic transformation.

    In the field of investment, the Far East Holdingfavors leading companies and companies enjoying regional advantages, among which most are industrial enterprises. It always focuses on boosting industry development by capital operation and enhancing good industrial enterprises and enterprises harboring craftsmanship, thus bringing strong power for China’s industry development.

    The Far East Holding insists on the tenet of “value creation and social services”, upholds the business philosophy of “achieve harmonious win-win cooperation with flexibility and innovation”. It tries to realize the five satisfactions: customer satisfaction, employee satisfaction, shareholder satisfaction, government satisfaction and society satisfaction. The Far East Holding not only wholeheartedly provides safe, environmentally-friendly and satisfactory products and high-quality services to customers and society, and it also devotes to increasing the charisma and influence as an enterprise enjoying craftsmanship, develop industries and invest the industrial fields on multiple dimensions, thus boosting Chinese industry development and building its brand to represent industries of China.