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On September 15th, XieBoyang, consultant of the State Council, former vice president of All China Federation of Industry and Commerce, Shan Kangqi, Vice Minister of Wuxi Municipal United Front Work Department, Secretary of Party Committee of Wuxi Federation of Industry and Commerce and Hu Bingchuan, Project Director of Dacheng Enterprise Institute came into the Far East to carry out the project research on "Collaborative Development of Industry and Finance Combination". Zhang Xilan, Investor, executive deputy secretary of Party Committee of Far East Holding Group Co Ltd., Vice Chairman of the Board of Directors and Chief Executive Officer, Lei Jianhui, Group Director and Chief Investment Officer and Chairman of Financial Investment Company, Wang Zheng, Board Director and Secretary of Far East Smart Energy Co., Ltd. (referred to as Smart Energy, Stock Code: 600869), Chen Jianhong, Group Chief Financial Officer and Li Taiyan, Chief Financial Officer of Smart Energy hosted and attended the meeting. The Leaders of both sides expanded in-depth communication on practice and experience of industry and finance combination of the Far East Holding Group.
Zhang Xilan made speech in the meeting
Zhang Xilan introduced 32 years’ development history of the Far East Holding Group, it adheres to the development strategy of " main industry + investment", constantly creates capital fusion platform in the process of development, and realizes the transition from single production operation to production and capital operation through equity investment, mergers and acquisitions methods. On the one hand, it should focus on the industry to realizes the strategic layout, get new profit growth point and enhance the overall competitive advantage; On the other hand , it will get financial rewards through equity investment on the enterprises with different development stage.
Lei Jianhui made speech in the meeting
Lei Jianhui said that the Far East Holding Group provides a platform for the capital operation of existing business and the expansion of new business with the combination of industrial capital and financial capital in the development process. At the same time, it is planning to set up financial investment company in Shanghai, there will exist three major business segments in the future: Securities Investment, Equity Investment and Strategic Investment Mergers and Acquisitions. The overall strategy of the finance and investment company is to build the interchange platform of capital market with one and two level and to form a large platform for industrial, capital and resource integration.
XieBoyang made speech in the meeting
XieBoyang praised reform and upgrading success of the Far East Holding Group, and affirmed the achievements of the Far East in the integration of industry and finance. He pointed out that commercial civilization made rapid iterative evolution from the industrial commercialism era to commercial finance era. Industrial and finance interaction and industrial and finance development is the core of modern enterprises becoming big and important tasks. Dacheng Enterprise Institute focuses on Chinese private economic development strategic, forward-looking and practical problems and provides wisdom for promoting deep reform of economic system and the national modernization by combining experts and scholars with theoretical attainments with unique entrepreneurs’ thinking and perspective and researching related problems of China's private economy development from theory to practice.
The both leaders deeply debated the development of industry and finance combination of the Far East Holding Group. Dacheng Enterprise Institute participants put forward valuable suggestions basing on rich research and it will make far-reaching significance for the development of industry and finance combination.
Leaders visit Science and Technology Museum of Smart Energy