Jiang Xipei Receives Teachers and Students of Phase III GDF Jinbo Class of Tsinghua University PBC S

    On October 20, a delegation of 26 teachers and students led by Yan Jun, Director of Global Finance GFD Center of Tsinghua University PBC School of Finance, Rong Shuo, Director of Admission of Global Finance GFD Center of Tsinghua University PBC School of Finance, Qi Congying, Head Teacher of Phase III GDF Jinbo Class of Tsinghua University PBC School of Finance, and Zhou Yifeng, President of Hongda Xingye Co., Ltd. (hereinafter referred to as “Hongda Xingye”) visited Far East Holding Group Co., Ltd. (hereinafter referred to as “Far East Holding Group”) for exchange. Jiang Xipei, Founder of Far East Holding Group, President of the Board and Secretary of Party Committee, Zhang Xilan, an investor, Vice President of the Board, CEO and Executive Deputy Secretary of Party Committee, Chen Jing, an investor, Member of the Board and and COO of Far East Smarter Energy Co., Ltd. (hereinafter referred to as "Smarter Energy", stock code: 600869), Huang Qingfeng, an investor, Member of the Board and CEO of Far East Material Trading Center Co., Ltd., Gan Xingzhong, an investor, Assistant to General Manager of Smarter Energy and Senior Deputy General Manager of Far East Cable Co., Ltd. (hereinafter referred to as “Far East Cable”), Wang Xiaoqiang, Assistant to General Manager of Cable Industry of Smarter Energy, and Jia Hai, an investor, Assistant to Marketing Director of Smarter Energy and Marketing Director of Far East Cable received the delegation and attended the symposium.

Group Photo

Yan Jun makes a speech at the symposium

    At the symposium, Yan Jun indicated that it is meaningful to come to Yixing for the visit to Far East Holding Group during the 19th National Congress. He further expressed his wish to the event a complete success.

Zhou Yifeng makes a speech at the symposium

    Zhou Yifeng complimented the industrial layout of Far East Holding Group which extends its business from cable industry to new energy. Meanwhile, he pointed out that almost every industrial revolution is accompanied by that of new energy which can be regarded as the future strategy. Besides, he delivered his admiration to Far East Holding Group for its perseverance in the industry over 32 years. He proposed two suggestions regarding the development of Far East Holding Group: firstly, further subdivide the trading platforms of its industry, and connect the cable index and copper index with those of the county and world; secondly, regard energy as the product and service for creating competitive product with the least delay possible by taking Detroit Electric as a good entry point.

Jiang Xipei makes a speech at the symposium

    At the symposium, Jiang Xipei appreciated the strength of culture and knowledge as well as the importance of learning. He also very cherishes this opportunity to study and exchange. Mentioning the development course of Far East Holding Group, Jiang Xipei unveiled the secret for its stronger development: firstly, uphold the philosophy of producing the best products and services. “It is related to my experience of mending watches for five years. It cultivates my personality of valuing details and pursuing perfection. The spirit of mending watches guides my way to produce cables, build houses and develop the industry”, said Jiang Xipei; secondly, come down to earth to progress. “Everyone has his or her family. I care about every customer and every deal. However, I’d rather give up this deal if the person involved values no quality and credit.” Over the decades, extending its business from producing parts of watches and clocks to establishing the enterprise to produce cables, Far East Holding Group has developed into the current world-leading smart energy and smart city service provider owing to the adherence to these two points above mentioned.

    In addition, concerning the issue of avoiding risks of diversified development, Jiang Xipei mentioned that Far East Holding Group has changed the idea of fighting alone early in 1999, jointly establishing Jiangsu Investment Alliance with 9 enterprises of Jiangsu. So far, Far East Holding Group has invested 339 enterprises, in which 96 have been listed. Over 70% of last year’s net margin, which amounts to RMB 2 billion, is the contribution of investment. He hoped that the target annual profit of RMB 10 billion can be the equal share of investment and main business by 2020. In addition, insisting on the principle that the acquisition enterprises should be the top five in the industry and excellent in the market segment, Far East Holding Group has successively conducted the merge and acquisition of Shanghai Aineng Power Engineering Co., Ltd., SEMEUREK A, Far East Foster New Energy Co., Ltd. and Beijing Jinghangan Airport Engineering Co.,Ltd. The Far East Trading Pay Network Co., Ltd., which has been in business in 2011, has become the leading electrical & electronics platform in the professional field.

    At the end of the symposium, Jiang Xipei and Zhou Yifeng signed the strategic cooperation framework agreement respectively on behalf of Smarter Energy and Hongda Xingye.

Scene of signing

Pay a visit to Reclusive Island

Pay a visit to Science Museum of Smart Energy