Far Eastern Group signed a strategic cooperation agreement with Changchuang Group

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On October 26, Chen Jing, member of the Party Committee and director of Far East Holding Group and executive general manager of cable industry of Far East Smart Energy Co., Ltd. (hereinafter referred to as Far East Co., Ltd. stock code: 600869), led a team to visit Changzhou Venture Capital Group Co., Ltd. (hereinafter referred to as Changchuang Group) and signed a strategic cooperation agreement.

Zhou Danfeng, Deputy General Manager of Changchuang Group, Chairman of Changzhou Huitong Investment Co., Ltd. and General Manager of Changzhou Science and Technology Service Co., Ltd., Yin Rongfu, Chairman of Changzhou Gaochuang Technology Microfinance Co., Ltd. and General Manager of Changzhou Huitong Investment Co., Ltd., Zhang Huabin, General Manager of Changzhou Gaochuang Technology Microfinance Co., Ltd., Li Wenxing, Deputy General Manager, Jiang Qi, Assistant General Manager and Department Manager of Business Innovation Department, and Zhao Tao, Director of Internet Finance Department, attended the reception and discussion.

Jia Hai, senior partner and chief strategic customer officer of Far Eastern Group Cable Industry, Jiang Zeyuan, senior partner and deputy director of Far Eastern Group Cable Industry Procurement and Supply Service Department, Wei Jie, strategic development officer and assistant to the chairman of Far Eastern Group Cable Industry, Wang Le, strategic development officer and secretary to the executive general manager of Far Eastern Group Cable Industry, and Lu Jiao, financing manager, accompanied the visit.

At the meeting, Zhou Danfeng introduced the team of Changchuang Group and the development history of the company, and extended a warm welcome to the visit of the Far East team, and then she introduced the industrial layout and development of Changchuang Group in detail, and said that the two sides have more points of convergence in the fields of supply chain finance and industrial integration, and can carry out comprehensive strategic cooperation.

Chen Jing expressed her heartfelt gratitude to Changchuang Group for its warm reception and introduced the development history of Far East. Chen Jing pointed out that after 36 years of development, Far Eastern Group is currently focusing on three core business segments, including intelligent cable network, intelligent battery and smart airport, with diversified efforts and steady development of industry, charity and education.

Chen Jing emphasized that Far Eastern Group actively seeks cooperation with leading enterprises in various industries, closely follows the national strategic trend, joins forces, implements cooperation, and jointly builds a co-construction and sharing cooperation ecology. The strategic cooperation with Changchuang Group is expected to continue to deepen the exploration of cooperation models in the future, mutual benefit and win-win results, and seek common development.

Changzhou Venture Capital Group Co., Ltd. was established in December 2013 and is a service platform for the Changzhou Municipal Government to support the growth of small and medium-sized enterprises by market-oriented means. In accordance with the business model of "policy positioning and market-oriented operation", the group continuously improves the comprehensive service function of the platform, leverages social capital and financial capital through the linkage of "insurance, loan, investment, delivery and inquiry", provides comprehensive and integrated services for the majority of small and medium-sized enterprises in line with the policy development direction, promotes the transformation and upgrading of the industrial economy, and promotes the healthy development of advanced manufacturing, modern service industry and modern agriculture. Since its establishment, the group has completed an average annual financing and transaction volume of nearly 50 billion yuan, and served more than 5,000 small and medium-sized enterprises of various types every year, playing an active role in promoting the transformation and upgrading of the regional economy.