Jiang Xipei Receives a Delegation Led by Wang Bosheng

    On October 19, a delegation including Wang Bosheng, Vice President of Suqian CPPCC, and Director of Suqian Economic and Information Technology Commission, Yu Wenqin, Vice President and Secretary General of Jiangsu Sushang Development Promotion Association, Wang Haifeng, Deputy Secretary-General of Jiangsu Sushang Development Promotion Association, Xu Shengchun, Deputy Director of Suqian Economic and Information Technology Commission, Liu Fei, General Manager of Jiangsu Dahongying Hengshun Pharmaceutical Co., Ltd.., and Han Xingwang, President of Jiangsu Susi Silk Stock Co., Ltd., visited Far East for investigation. Jiang Xipei, Founder, Chairman of the Board of Directors and Party Committee Secretary of Far East Holding Group Co., Ltd., Chen Jing, an investor, Director and COO of Far East Smarter Energy Co., Ltd. (abbreviation: Smarter Energy; stock code: 600869), Chen Haiping, an investor, Senior Director of Smarter Energy and Assistant General Manager of Far East Cable, and Xu Hua, Marketing Assistant Director of Smarter Energy and Marketing Director of Far East Cable, attended this reception and symposium.

Group photo

Keep the same pace with the country, the same mind with the Party, and concerted efforts with people

    In the context of the opening of the 19th CPC National Congress, Jiang Xipei talked about how enterprises should develop in the current institutional environment and the market environment at the symposium. “Opinions on Building a Healthy Growth Environment for Entrepreneurs and Carrying Forward the Spirit of Excellent Entrepreneurs to Better Play the Role of Entrepreneurs jointly issued by the Central Government on September 25 has shown high recognition and trust in entrepreneurs who are given great expectations. At this historical moment, more development opportunities will appear in the market.” Jiang Xipei said. “However, opportunities come to those who are prepared. We need to find out how the wind blows and recognize the trend, to keep the same pace with the country, the same mind with the Party, and concerted efforts with people.” He also expressed that with the disappearance of demographic dividend in China, talent dividend and capital bonus are disappearing gradually as well, while brand dividend, quality dividend, integrity dividend and institutional dividend are looming. To grasp this rare opportunity not only needs the efforts of entrepreneurs, but also the support of leaders, as well as creating a favorable legal environment and public opinion environment.

Jiang Xipei makes a speech at the symposium

    At the symposium, Jiang Xipei introduced the development strategy of Far East Holding Group—“main business plus investment”, and said that Far East is aimed at becoming the world’s leading service provider for smart energy and smart city. By 2020, Far East aims at: a total asset of more than RMB 100 billion, an annual brand price of over RMB 100 billion, an annual revenue of over RMB 135 billion, of which Smarter Energy reaches RMB 100 billion, with an annual market value of more than 150 billion, and employees’ per capita annual income of more than RMB 200,000. In the field of investment, Far East always adheres to the top strategy to acquire leading enterprises in this industry. In the field of electric power planning and design, Shanghai Aineng Power Engineering Co., Ltd. operated by Smarter Energy is a China’s leading enterprise combined with network planning & design, construction, and total energy efficiency services. In the aspect of energy efficiency monitoring, Beijing Semeureka Electric Co., Ltd. is a benchmark enterprise in the field of distribution automation and distribution network fault detection. In the field of smart airport construction, Beijing Jinghangan Airport Engineering Co., Ltd. ranks first among private enterprises. Up to now, Far East has totally invested 339 enterprises, of which 96 were listed, and more than four enterprises are predicted to be listed this year.

Wang Bosheng and Yu Wenqin deliver a speech at the symposium

    Wang Bosheng pointed out that under the premise of industries competing fully, Far East can still maintain strong core competitiveness in the context of low-price bidding, which is worth being learned by all enterprises. Yu Wenqin expressed that Jiang Xipei’s speech contained a profound truth in business and life. During the 32-year development, Far East did not aim at steadiness, yet it chose the most stable road, with five reforms, to conform to the times and seize the opportunity.

Leaders visit the Science Museum of Smarter Energy