A Group of Deputy Secretary of Municipal Party Committee and Mayor of Tianchang City Liu Rongxiang Paid a Visit to Far East to Inspect

On October 23, a group of leaders including Liu Rongxiang, the Deputy Secretary of Municipal Party Committee and Mayor of Tianchang City, Lu Jintang, Member of the Standing Committee of Municipal Party Committee and the Secretary of Politics and Law Committee, Dong Xuewen, Director of Administrative Committee, Lv Chuanhua, Director of Commission of Economy and Information Technology and Chen Xiangyang, Director of China Merchants Group, paid a visit to Far East to inspect. Jiang Xipei, Secretary of the Party Committee, Chairman of the Board, and CEO of Far East Holding Group, Teng Xueren, General Manager of Anhui Cable Co., Ltd. ("Anhui Cable" for short), Wan Jun, CFO of Far East Smarter Energy Co., Ltd ("Far East Smarter Energy" for short with the stock code 600869), Liu Zhijun, General Manager Assistant of Far East Smarter Energy and Standing Senior Vice-General Manager of Anhui Cable as well as Cai Hao, Director Assistant of President Work Department of the Group, received them.

The delegation was visiting Smart Medium-Voltage Cable Factory

The Liu Rongxiang group visited the Far East Ultra-high Voltage Cable Factory, Smart Medium-Voltage Cable Factory and Maritime Equipment Cable Factory, getting a further understanding of the production scale, production capacity and production management of Far East.

Jiang Xipei was exchanging on the symposium

On the symposium, Jiang Xipei firstly made an introduction of the company's development status, management mode, etc. to the delegation, and stressed that enterprises should control three main risks, i.e. laws and regulations risk, significant investment decision-making risk, and employment risk on the way of operation and management. He stated that during the development, enterprise should constantly adjust development thought and method. Take Far East as an example, despite a company started from cable production, it now has transformed into a smarter energy supplier capable of providing the end users with such services as design and planning, production service, installation and construction, energy management and systematize service through insisting on the homocentric pluralistic development strategy and grasping the markets both at home and abroad. Thus, Far East has opened the market space and promoted the performance beyond expectation. At present, Far East Holding Group is transforming into "Global Investment Management Expert", and Far East Smarter Energy Co., Ltd is transforming into "Smarter Energy Expert", ie, "Smarter Energy System Supplier".

Liu Rongxiang affirmed Far East Science and TechnologyIndustrial Park item

Scene of symposium

Finally, Liu Rongxiang summarized and made a speech; he said that strategic deployment and construction of key projects deeply impressed him in this visit of Far East. He gave sufficient confirmations to the development performance after taking over the Anhui Cable, the construction situation of Far East Science and Technology Industrial Park and the future strategic layout, and put high expectation on the Far East Science and Technology Industrial Park to optimize the industrial structure of Tianchang City, accelerate industry innovation, transformation and upgrading, pushing the new industrialization process. Meanwhile, he hoped Anhui Cable to serve as communication media between Far East and Tianchang Municipal Government to strive for more qualified items for TianchangCity and Far East Science and TechnologyIndustrial Park.

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