On February 10, Wuxi Bureau of Industry and Information Technology held the promotion meeting of specialized and special "Little Giant" enterprises in Wuxi, which was presided over by Vice Mayor Gao Yaguang. The meeting aims to summarize the promotion of specialized and special new "Little Giant" enterprises in Wuxi in 2021 and deploy key work in the next stage. Xu Jing, senior partner and chief Technology Officer of Cable Industry of Far East Smart Energy Co., LTD. (STOCK code: 600869), attended the conference as a representative of a specialized and special "Little Giant" enterprise.

Gao Yaguang delivered a speech

At the meeting, Gao Yaguang delivered a speech, and she believed that economic development is the core of the industry chain development, and enterprises should focus on the core of a strong comparative advantage products, and increase investment in innovation. At the same time enterprises also should focus improve concentration and total quality management in the field of business ability, improve product market share and business awareness, and give full play to the specialization, the new advantages. She said that General Secretary Xi has stressed that specialization is a state of enterprise existence, and it is also the goal of our efforts. As the old saying goes, three hundred and sixty lines make a champion, these enterprises now in Wuxi are the result of the market choice. She believed that being perfect will have the market, will be able to move to glory!

Xu Jing accepted the award on stage

At the meeting, Gao Yaguang awarded specialized and special "Little Giant" enterprises in Wuxi in 2021, and Xu Jing accepted the award on behalf of Far East Composite Technology Co., LTD., a subsidiary of Far East Holdings.

Far East Composite Technology Co., Ltd. has been awarded the "Little Giant" enterprise by the Ministry of Industry and Information Technology of the People's Republic of China. The product has won more than 40 national, provincial and ministerial awards, such as the second prize of National Science and Technology Progress award, 3 China Patent Excellence Awards, 3 Jiangsu Science and Technology Awards, Hebei Science and Technology Awards, Shanghai Science and technology Awards and other national and provincial awards.

It is reported that Far East Composite Technology Co., Ltd. has developed 34 new products of energy-saving and low-consumption aluminum alloy series wire, 5 of which have reached the international leading level, led or participated in drafting 26 standards, and authorized 18 invention patents. Its products have been successfully applied to silk screen - 800 KV UHV dc engineering in the south of Jiangsu and Anhui UHV ac electricity to east Huainan to Shanghai project, South Hami - Zhengzhou 800KV high voltage dc transmission line engineering and spiritual states - Shaoxing + 800 KV UHV dc transmission line engineering UHV transmission projects, such as used in article 30 of UHV transmission lines, Covering 16 provinces and cities such as Guangdong, Liaoning, Xinjiang and Jiangsu. These have realized large capacity, low loss, high reliability and high efficiency power transmission in response to various complex conditions.

Energy-saving and low-consumption aluminum alloy series conductors play an irreplaceable role in global energy interconnection and the construction of strong smart power grid in China, and will provide strong support and reliable guarantee for the national strategic goal of "30·60 carbon peak and carbon neutrality". In the future, the Far East will continue to play a leading role in the industry, enhance its capacity in independent innovation and technological research and development, and take the road of "specialization and innovation".