From August 8 to 9, 2017 the Fifth Jiangsu Merchants Conference was held in Nanjing, Jiangsu. Jiang Xipei, Founder of Far East Holding Group Co., Ltd.(hereinafter referred to as “Far East Holding Group”), President of the Board and Secretary of Party Committee was invited to attend the Series Selection Award Ceremony of “industrial power, competitive Jiangsu merchants” and the Fifth Anniversary Fellowship Association of Jiangsu Merchants Conference. He was awarded the “2016 - 2017 Model Entrepreneur of Targeted Poverty Alleviation of Jiangsu Merchants”. In the keynote speech, Jiang Xipei made a wonderful share from the aspects of industry reconstruction and self-breakthrough.

Scene of 2017 The Fifth Jiangsu Merchants Conference

Jiang Xipei makes a keynote speech

    Jiang Xipei advocated that efforts should be exerted to promote the change of business environment. He pointed out that, “Operating an enterprise, especially the private one, is a rather tough thing. The average lifespan of a private enterprise is three to five years. It is so hard to found an enterprise that only a few people can succeed. Moreover, this kind of success is almost periodical.”

    Jiang Xipei thought that the entrepreneurs are the most essential treasure and precious resource of a country when developing economy. Since the election of Donald Trump, the group of entrepreneur has drawn much attention. The value of entrepreneur and the meaning they endowed to the era are so obvious. “we advocate that further efforts to be put into improving the business environment. Those concern about our law environment, legal environment as well as the public opinion environment.” Jiang Xipei said.

    Meanwhile, Jiang Xipei also pointed out that the Intellectual Property Law, Anti-Unfair Competition Law, Product Quality Law, particularly the Bidding Law are not well implemented and optimized to some extent. Even worse, they hinder the strategy of quality strengthening the nation and brand prospering the nation, influence the implementation of the strategies of community of common destiny for all mankind and the Belt and Road that proposed by General Secretary Xi. Jiang Xipei thought that, “only supporting the outstanding and strong and the outstanding enterprises are the future of Chinese economy, the guarantee of the social development and the basis of rich citizen and powerful nation.

    Jiang Xipei also advocated that efforts should be put into promoting the upgrading and transformation of enterprises. Take Far East Holding Group as an example. He introduced that since its foundation in 1985, 32 years have passed. So far, the main business - Smarter Energy sets up the position as “world-leading service provider for the system of smart energy and smart city”. As the leading enterprise of the industry since 20 years ago, Far East Cable Co., Ltd. (hereinafter referred to as “Far East Cable”) is the only enterprise that wins the China Quality Award in the industry; at present, Far East Holding Group enters the market of new energy lithium battery. On the basis of the first enterprise at home and the third of the world, Far East First New Energy Co., Ltd. will continue to invest RMB ten billion into the fields of square and soft package power batteries to produce 20Gwh capacity; and Far East Holding Group conducted cooperation with Detroit Electric Holdings Limited, the time-honored electric car brand, to produce the best new energy automobiles. So far, Far East Holding Group has invested 339 enterprises and among them, 94 enterprises have already been successfully listed. By the end of the year, at least 100 enterprises would be listed. The investment income of Far East Holding Group covers approximately 70% of the total profit.

Jiang Xipei is awarded “2016-2017 The Model Entrepreneur of Targeted Poverty Alleviation of Jiangsu Merchants”

    Chen Haiping, an investor, Senior Director of Far East Smarter Energy Co., Ltd. (hereinafter referred to as "Smarter Energy", stock code: 600869) and Assistant to the General Manager of Far East Cable, Li Jianfeng, an investor, Supervisor of the Group, Marketing Director of Smarter Energy and Senior Marketing Director of Far East Cable, Xu Hua, Assistant to Marketing Director of Smarter Energy and Marketing Director of Far East Cable, and Zhou Fen, an investor and Senior Consultant of Smarter Energy accompanied to attend the conference.

Leaders participated pose for a group photo