Far East Holding Group Co., Ltd. was established in 1985,formerly known as Yixing FanDao Instrumentation Factory.It is now ranked among the "Top 500 Chinese Enterprises,""Top 500 Chinese Private Enterprises,”and "Best Employer in China.”The company's annual revenue exceeds 50 billion yuan, with a brand value of 108.819 billion yuan . It has nearly 10, 000 employees. The company has always adhered to the mission of "create value and benefit society," with a vision Of "co-build and share safe,green and beautiful life”. It upholds the core values of "focusing on customers,put strugglers and contributors first,ambitious and passionate, honest and pragmatic, pursuing innovation and excellence,self-reflective, achieving harmony and win-win.”
The company' s subsidiary, Far East Smart Energy CO., Ltd. (referred to as Far East Energy,stock code: 600869）,has expanded into three major businesses: smart cable network/smart battery/smart airport, aiming to become a global leader in smart energy and smart city solutions.
As a global leader in the cable industry, the company leads the market in fields such as wind power, nuclear power, photovoltaic, ultra-high voltage, and charging pile cables, and continuously serves national key projects in areas such as clean energy, smart grid, intelligent manufacturing, intelligent transportation, marine engineering, and green buildings. The main business of smart batteries covers fields such as energy storage, light travel, power tools, and smart homes. It comprehensively arranges a diversified product and solution matrix including power generation side energy storage, industrial and commercial energy storage, household energy storage systems, and portable mobile power supplies to meet multi-scenario applications. The company focuses on the production of high-precision ultra-thin lithium battery copper foil, mainly used in high-performance power batteries, energy storage, digital, and other fields. Meanwhile, it explores research and development and layouts in new product fields such as composite copper foil and aluminum foil, and is committed to becoming a global leader in copper foil. The company holds the first-class qualification for professional contracting of airport visual aid navigation engineering, air traffic control engineering and weak current system engineering, and runway engineering. It is a leading enterprise in the field of professional airport technology construction and has accumulated nearly 700 projects in more than 160 airports at home and abroad. The company adheres to innovation-driven and technology-led development, continuously increases R&D investment, accelerates digital and intelligent transformation, builds industry lighthouse factories, and invests in the construction of multiple projects such as the Far East Nantong Submarine Cable Digital and Intelligent Lighthouse Factory, the Far East Yibin Cable Digital and Intelligent Lighthouse Factory, and the Far East Wuxi Optical Rod and Fiber Digital and Intelligent Lighthouse Factory.
Adhering to the talent development philosophy of "respecting people, developing people, and fulfilling people", the company has formulated a talent training plan based on the "study, occupation, career" model at Far East University, the first corporate university in the industry, and has been awarded the title of "China's Best Corporate University" for consecutive years. In 2017, the company invested 130 million yuan to establish the Far East Education Teaching Award, providing scholarships to the children of its employees who excel in further education. It has also established Far East Scholarships with more than 20 key domestic universities such as Peking University, Nanjing University, Shanghai Jiao Tong University, Jiangnan University, and Xi'an Jiaotong University, with a total of 20 million yuan awarded so far.
The company has established the Far East Charitable Foundation, non-public offering charitable foundation in China that provides targeted assistance and support for the employment and entrepreneurship training of people with disabilities. Up to now, the company has successively arranged more than 3,000 employees with disabilities and trained and assisted more than 100,000 people with disabilities. The company has donated more than 300 million yuan in cash and materials to all sectors of society in terms of assisting people with disabilities, encouraging education, and providing disaster relief.
The company adheres to three combinations, four comprehensives, and five orientations, namely, insisting on the combination of ultimate products and services, the combination of domestic and international markets, and the combination of hard power and soft power; insisting on comprehensive digital intelligence, comprehensive internationalization, comprehensive benchmarking, and comprehensive transcendence; insisting on the policies of customer orientation, system orientation, goal orientation, problem orientation, and performance orientation, and insisting on the stable development of specializing in refinement, innovation, and scale synergy. The company has served over 100 Fortune Global 500 enterprises, more than 300 China's Top 500 enterprises, nearly 2,000 strategic customers of industry-leading enterprises, and over 30 million users. The company achieves common development and growth with its customers.
Far East Holding Group's strategic goals for 2028: operating income of 145.25 billion yuan, net profit of 7.681 billion yuan, and brand value of 150 billion yuan.
