On July 10, 2017, Wu Bangjiang, Chairman of 7895.com, subsidiary of Jiangsu STEG Co., Ltd. (hereinafter referred to as “STEG”), Wang Ying, CEO of 7895.com, and Liao Yinzhong, Secretary of the Board of Directors of 7895.com, paid a visit to Far East for survey and exchange, and signed the strategic cooperation agreement with Far East. Leaders of Far East attended the signing ceremony, including Jiang Chengzhi, an investor, Director of Far East Holding Group Co., Ltd. (hereinafter referred to as “Far East Holding Group”) and Chairman of Far East Smarter Energy Co., Ltd. (hereinafter referred to as "Smarter Energy", stock code: 600869), Jiang Huajun, an investor, Vice Chairman and CEO of Smarter Energy, Chen Jing, Director and COO of Smarter Energy, Wang Zheng, Secretary of the Board of Directors of Smarter Energy, Chen Haiping, an investor, Senior Director of Smarter Energy and Assistant General Manager of Far East Cable Co., Ltd. (hereinafter referred to as “Far East Cable”), Wang Fan, Senior Director of Smarter Energy and Assistant General Manager of Far East Cable, Huang Qingfeng, Director and General Manager of Chinese Materials Exchange Co., Ltd., and Sun Lu, an investor, Director and General Manager of Far East Trading Pay Network Co., Ltd.
Jiang Chengzhi makes a speech at the symposium
Jiang Chengzhi introduced the detailed information of the operation, management and strategic layout of Smarter Energy in the field of new energy to the guests. Jiang Chengzhi pointed out that the development of the enterprise was required to follow the development trend of the times and achieve mutual benefit through the cooperation between the upstream enterprises and downstream enterprises. Smarter Energy is devoted to becoming world’s leading service provider of smarter energy and smart city system. Jiang Chengzhi hoped that the two parties could give full play to the superiority of platforms respectively and conduct in-depth cooperation in such fields as new energy, photovoltaic power generation, power plant construction, data platform and charging pile to complement each other’s advantages, enhance the market competitiveness and achieve a win-win result.
Wu Bangjiang makes a speech at the symposium
Wu Bangjiang highly praised the achievements made by Far East in the field of smarter energy and the operation philosophy, management and technological innovation of Far East. Wu Bangjiang thought that since the two parties shared the common ideas and goals, they could conduct an in-depth cooperation in such aspects as the integrated marketing service of industry, supply chain and overseas business development and make full use of the superiority of platforms to establish a long-term and stable strategic partnership.
Scene of symposium
Group photo of leaders
The two parties sign the strategic cooperation agreement
In the spirit of achieving “honest strategic cooperation and win-win result”, Chen Jing and Wu Bangjiang, representatives of the two parties, signed a strategic agreement in company with other attendees to integrate the high-quality resources in aspects like the integrated marketing service of industry, supplier resources and international business platform, achieve the mutual cooperation and establish a long-term strategic partnership. The communication and cooperation between Smarter Energy and 7895.com will be of great significance to the development of business of Smarter Energy.
7895.com (stock code: 835192), a subsidiary of STEG, is China’s first Internet platform company of electrical industry listed on the innovation layer of New Third Board, as well as the largest electrical products sales and service platform of China. With a million mainstream customers, 7895.com has integrated over 10,000 leading brands of the industry and more than 4,000 electrical materials manufacturers, including more than 180,000 types of online products. 7895.com designs the service mode according to the important parts of the value chain of electrical industry to provide the electric industrial enterprises with services like B2B, supply chain finance, marketing and electrical technology, and establish a good ecosystem for enterprises to obtain more Internet dividends and enjoy more valuable services.