A Delegation of Leaders of Dawa District, Panjin City Arrives at Far East Holding Group for Visit and Communication
On September 1, a delegation led by Gao Xuesong, District Mayor of Dawa District People’s Government, Panjin City, Liaoning Province, Wang Hailong, Office Director of Dawa District People’s Government, Song Ye, Director of Bureau of Economic Cooperation of Dawa District, Wang Huai, Deputy Director of Investment Promotion Bureau of Dawa District, Li Lei, Director of Investment Promotion Center, and Shi Hongliang, General Manager of Panjin Renzhen Eco-Agriculture Company arrived at Far East Holding Group Co., Ltd. (hereinafter referred to as “Far East Holding Group”) for visit and communication. Ma Yueqin, an investor, Senior Director of Far East Smarter Energy Co., Ltd. (hereinafter referred to as "Smarter Energy", stock code: 600869) and Assistant to General Manager of Far East Cable Co., Ltd. (hereinafter referred to as “Far East Cable”), Zhou Zhaohui, Office Director of Board of Far East Holding Group, Cheng Maofeng, an investor, Assistant to Marketing Director of Smarter Energy and Marketing Director of Far East Cable, and Zhou Feng, Deputy Chief Develop Engineer of the Second R&D Department of Far East Cable received the delegation and participated in the symposium.
Gao Xuesong makes a speech at the symposium
Gao Xuesong highly affirmed the development of Far East Holding Group. He indicated that the value of enterprise culture and developing attitude of striving for perfection of the company are worthy of learning by all enterprises. Far East Holding Group has the high forward-looking perspective in development strategy. The aim of this visit is to implement the counterpart cooperation between Jiangsu and Liaoning. He hoped that Yixing and Panjin can establish the cooperation relation due to the reason that the two cities have high similarities in various aspects such as the industrial structure.
Ma Yueqin makes a speech at the symposium
At the symposium, Ma Yueqin introduced the course of establishment, development and transformation of Far East Holding Group. Since its foundation in 1985, the company has insisted on the development strategy of “main business + investment”. As the “global asset management expert”, Far East Holding Group achieved repeated successes in investment to other companies, yielding an excellent overall investment result.
Zhou Zhaohui makes a speech at the symposium
Zhou Zhaohui introduced the achievements of Far East Holding Group in the investment field. By August 31, 2017, the total enterprises invested by the group reached 339, among which, 96 were listed companies, (28 listed in the New Third Board), 12 preliminarily disclosed, with a ROI of over 30%. Zhou Zhaohui said that the investment of the company is industry-based, which is without the limitation of region. The investment priority of Far East Holding Group is power & energy. In the aspect of merger & acquisition, the company mainly serves for listed companies and centers on the energy field.
The economic development of Panjin City is so rapid, with the GDP ranking of the fifth of Liaoning Province, and the third of growth rate, possessing a prominent advantage in resource and transportation. Moreover, the underground resource of Panjin City is so abundant that makes it headquarter of the largest production base of thickened oil, super heavy oil and high pour-point oil - Liaohe Oilfield.
A delegation led by Gao Xuesong visits the Science Museum of Smart Energy