Far East Holding Group Co., Ltd. was founded in 1985, with its predecessor being Yixing Fandao Instrument Factory. It is now ranked among "China's Top 500 Enterprises", "China's Top 500 Private Enterprises" and "China's Best Employer Enterprises". Currently, the company's annual operating income exceeds 70 billion yuan, and its brand value stands at 116.937 billion yuan, leading the global industry. It employs over 8,000 people. The company has always adhered to the mission of "Creating Value, Serving Society", with the vision of " Building and Sharing a Safe, Green and Better Life", and upholds the core values of "Customer-centric, Striver-oriented, Dream and Passion, Integrity and Pragmatism, Innovation and Excellence, Self-criticism, and Harmonious Win-win". It has consistently committed to developing industrial undertakings, educational undertakings and charitable undertakings.
Far East Smart Energy Co., Ltd. (abbreviation: Far East Co., Ltd.; stock code: 600869), a subsidiary of the Group, takes "ALL IN AI – Electric Power + Computing Power + AI" as its core strategy. It has laid out three major businesses: intelligent cable network, intelligent battery and smart airport. As a global smart energy/intelligent city service provider, it aims to become an unparalleled great enterprise in the global industry.
In the field of intelligent cable network, the company focuses on clean energy (wind power, photovoltaic power, nuclear power, energy storage, charging piles), smart grids, intelligent transportation, smart manufacturing, green buildings, marine engineering, digital communications, national defense and military industry, concentrating on the R&D, production, sales and system services of wires and cables, optical fibers and cables, and marine engineering cables. In the field of intelligent battery, the company is committed to the R&D, production, sales and services of cylindrical cells, energy storage cells, modules, PACK and energy storage systems, providing multi-scenario energy solutions. In the field of smart airport, the company specializes in the deep integration of intelligent development for military-civil aviation airports and the low-altitude economy, providing system integration, specialized engineering construction, detailed design, and customized intelligent airport technology products and solutions.
In 2017, the company invested 130 million yuan to establish the Far East Education Award for Teachers and Students, providing grants to the outstanding children of employees who have been admitted to higher education institutions. It has also set up Far East Scholarships in cooperation with more than 30 key domestic universities, including Peking University, Nanjing University, Shanghai Jiao Tong University, Jiangnan University and Xi'an Jiaotong University. To date, the cumulative amount of grants and scholarships distributed has reached 20 million yuan. Adhering to the talent development philosophy of "Respect People, Recruit the Right People, Develop Talents, and Achieve Their Aspirations", the company has formulated a talent training plan based on Far East University – the first corporate university in the industry built around the philosophy of "Academic Studies, Career Development, Professional Achievement". For many consecutive years, the university has been awarded the title of "China's Best Corporate University".
In 2007, the company established the Far East Charity Foundation – China's first large-scale non-public offering charity foundation dedicated to targeted funding and support for employment and entrepreneurship training for people with disabilities. Various charitable deeds of the Far East Charity Foundation have been praised and recognized by all sectors of society, and it has successively won honors such as "National Advanced Social Organization", "China Charity Award", "Top Ten Model Public Welfare Projects" and "Jiangsu Charity Award". Up to now, the company has employed more than 3,000 people with disabilities and provided training and assistance to over 100,000 people with disabilities. In terms of assisting people with disabilities, encouraging education, and providing disaster relief, the company has accumulated donations of money and materials worth more than 300 million yuan to all sectors of society.
The company adheres to the principles of "Three Integrations, Four Comprehensives, and Five Orientations", specifically: insisting on the combination of ultimate products and services, domestic and international markets, and hard power with soft power; pursuing comprehensive digital intelligence, comprehensive internationalization, comprehensive benchmarking, and comprehensive transcendence; and upholding the orientations of customer focus, system, goal, problem-solving, and performance. It remains committed to the steady development of "specialization, refinement, characteristic, and innovation" in coordination with scale expansion. The company has served over 100 Fortune Global 500 enterprises, more than 300 China Top 500 companies, nearly 2,000 strategic clients that are industry leaders, and over 30 million users, achieving mutual development and growth with its clients.
Far East Holding's 2030 strategic goals:The annual operating income of Far East Holding Group exceeds RMB 129.2 billion.The annual net profit of Far East Holding Group exceeds RMB 5.114 billion.The annual brand value of Far East Holding Group is RMB 150 billion.
