Far East Holding Group: Riding on the Momentum of the Two Sessions, Seizing the Heights of Development
Categories:Date:2025-03-13
(Image courtesy of People's Daily)
During this year's Two Sessions, the "dual carbon" goals and the construction of a new energy system continued to be a focus. Areas such as power grid construction, battery energy storage, and green infrastructure have received a surge of favorable policies, injecting strong momentum into the energy industry. Far East Smart Energy Co., Ltd. (hereinafter referred to as "Far East") seizes these opportunities, focusing on three key industries: "smart cables, smart energy storage, and smart airports," deeply integrating into national strategies, and providing Far East's wisdom and solutions for the green energy transformation.
The government has increased investment in power grids and new energy construction, stimulating a surge in demand for ultra-high voltage and submarine cables. Carbon neutrality policies have significantly boosted the application of environmentally friendly cables, while smart cables benefit from the accelerated penetration of new technologies such as 5G in the power and transportation sectors, presenting multiple growth opportunities for the industry.
Far East has been deeply involved in the cable industry for many years, with products covering a wide range of fields such as smart grids, clean energy, smart manufacturing, intelligent transportation, marine engineering, and green buildings. The company has continuously tackled the industry's "bottleneck" problems in high-end products, high-value-added products, and special products, breaking foreign technology monopolies. Two gems shine brightly— "wind power cables" and "high conductivity aluminum stranded wires" have proudly joined the ranks of national-level manufacturing single champion products, earning high praise and widespread coverage from official media such as CCTV and Xinhua News Agency. Far East differentiates its products for various scenarios, with strict requirements for high fire resistance, moisture resistance, low smoke, and halogen-free characteristics. The company comprehensively uses low-energy, long-life eco-friendly materials, always prioritizing social responsibility while pursuing economic benefits, and is dedicated to promoting the green development of the building electrical industry.
The 2025 Government Work Report further clarifies the "strategic support" role of new energy storage, positioning it as the "strategic engine for energy transformation." It emphasizes its deep integration with technological innovation and the green economy. Additionally, the report specifies the removal of restrictions on foreign investment in the manufacturing industry, encourages foreign investment in energy storage technology research and development and industry chain construction, and supports global expansion.
Far East's energy storage products have recently received multiple international standard certifications and numerous awards. The products have also passed the PCS grid connection certifications in multiple EU countries, meeting European grid connection standards and providing compliance assurance for its expansion in the European market. Against the backdrop of energy transformation, Far East offers high-performance, high-safety energy storage solutions to meet global market demands, contributing to the development of industrial, commercial, and residential energy storage sectors. Notably, Far East has deepened international cooperation through a "technology licensing" model, reaching a technology licensing agreement with the UK-based large battery independent manufacturer Volklec, contributing to the development of the battery industry and sharing development outcomes.
Feng Zhenglin, a standing committee member of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), Vice Chairman of the Economic Committee, and former Director of the Civil Aviation Administration of China, pointed out that accelerating the creation of a globally competitive international aviation hub is not only an inherent requirement for the high-quality development of the civil aviation industry but also a key point for civil aviation to help build a unified national market and accelerate the construction of a new development pattern.
Far East Jinghang An currently holds 12 engineering qualifications, including Class I qualifications for airport visual navigation engineering contracting, civil aviation air traffic control engineering and airport weak current system engineering contracting, and airport runway engineering contracting. It is a "Class I qualified" enterprise in the civil aviation engineering field, leading in the subfields such as airport lighting. Recent developments show that the projects Far East Jinghang An participates in, including Changsha Airport, Hohhot Shengle International Airport, and Lishui Airport, have made significant breakthroughs, with the company winning a nearly 60 million yuan bid for the Shanghai Pudong International Airport project.
In the future, Far East will continue to deeply cultivate and innovate within its three major industries, align with the policy directions of the Two Sessions, contribute to the development of the cable, battery energy storage, and airport construction industries, and provide customers with timely and exceptional products and services.