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Jiang Xipei Receives a Delegation from the Vice-chairman Unit of China Enterprise Confederation

Date time:2017-11-10点击量:401作者:

    On November 9, Jiang Xipei, Founder, Chairman of the Board and Secretary of Party Committee of Far East Holding Group and others received a 53-person delegation from the vice-chairman unit of China Enterprise Confederation, led by Zhu Hongren, Executive Vice Chairman and Director General of China Enterprise Confederation and China Enterprise Directors Association.

Group photo

    During exchanges, Jiang Xipei introduced the past, present and future of Far East. He mentioned his entrepreneurial experience: first working as a watchmaker and earning the first sum of money in his life; then setting up a workshop to produce parts of clocks and watches, but failed, which made him realize that “quality is the life of enterprises”, and apply the concept in the whole process of corporate development.

Jiang Xipei introducing Far East at the symposium

    At present, Far East adheres to the strategy of “main business + investment”. The “main business” refers to the Far East Smarter Energy Co., Ltd. (hereinafter referred to as "Smarter Energy", stock code: 600869) which is devoted to becoming “a world-leading service provider for smart energy and smart city”. The comprehensive strength of Intelligence Power, Far East First, Semeureka, Jinghangan and other subsidiaries under Far East rank among the top three in their respective subsectors. It has laid a solid foundation for the realization of the company's strategic objectives in 2020.

    According to the group’s goals, by 2020, its total assets will exceed RMB 100 billion, and annual brand value will exceed RMB 100 billion; annual operating revenue will exceed RMB 135 billion, including RMB 100 billion earned by Smarter Energy; annual net profit will exceed 10 billion, including RMB 5 billion gained by Smarter Energy; annual market value will exceed RMB 150 billion, and the annual average income of employees will exceed RMB 200,000.

    Regarding investment, as of October 31, 2017, the number of the enterprises invested by Far East Holding Group has totaled 339, among which 96 have been listed. Jiang Xipei said, “It is believed that the number of listed enterprises (invested by Far East) would reach 100 by the end of the year.”

    In its 32 years of development since foundation, Far East always stays true to its original aspiration and successfully fulfills its missions, wins the respect of markets with best products and services, and strives to become an enterprise with a time-honored history of a hundred years or longer. That requires excellent management concepts and systems.

    Jaing Xipei denoted that Far East adheres to the ideas of “focusing on customers” and “people with good behavior and performances oriented”, and puts the thoughts and worries of customers at first place. Regarding systems, Far East advocates business partnership mechanism, and has introduced equity incentive plan for core staff, house-purchase preferential policy for staff and other policies.

    At last, Jiang Xipei pointed out that risk prevention and control is very important in the process of enterprise development. He particularly noted three major risks which need to be prevented, namely legal risk, financial risk and personnel risk.

Zhu Hongren delivering a speech at the symposium

    Zhu Hongren praised Jiang Xipei as an entrepreneur, a thinker and a strategist with admirable patriotism. Through the visit to Far East this day, he enjoyed and deeply inspired by the atmosphere of openness, innovation and inclusion in Far East as one of the Top 500 Enterprises of China; he also learned how to realize strategic optimization, measure implementation and scientific management, which was also the original intention and objective of the delegation from the vice-chairman unit of China Enterprise Confederation. He looked forward to the establishment of long-term cooperation mechanism in the future, so as to promote interaction and exchanges among enterprises and achieve win-win development.

Guests visiting Far East Trading Pay Network Co., Ltd., manufacturing plant, Reclusive Island, and Science Museum of Smarter Energy

    The delegation was accompanied and received by Zhang Xilan, an investor, Vice President of the Board, CEO and Executive Deputy Secretary of Party Committee of Far East Holding Group, Xu Guoqiang, an investor, Vice Chairman of Supervision Board and CAO, Zhou Dongjiao, an investor, President Assistant and CHRO, Ma Yueqin, an investor, Senior Director of Smarter Energy, Assistant to General Manager of Far East Cable, and Director of Far East Real Estate, Li Jianfeng, Supervisor of the group, Marketing Director of Smarter Energy and Senior Marketing Director of Far East Cable, Mao Yiguo and Miao Lilong, investors, Assistants to Marketing Directors of Smarter Energy and Marketing Directors of Far East Cable, and Marketing Managers involved in relevant business.

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