Far East Holdings and East Group signed a strategic cooperation agreement

Recently, Yu Wei, Director of Battery Industry and Chief Operating Officer of Far East Smart Energy Co., Ltd. (abbreviated as: Far East Holdings, stock code: 600869), led a team to visit East Group Co., Ltd. and signed a strategic cooperation agreement.

Professor He Simu, founder and chairman of the board of directors of YST Group, Wang Li, general manager of 5G+ Smart Power Business Unit, Liang Quan, product director of lithium battery product line, Huang Jinming, sales director of lithium battery business unit, and Ma Qiang, project director of lithium battery business unit, attended the signing ceremony and participated in the discussion.

Fu Zongwei, supervisor and chief customer officer of Far East Holdings' Battery Industry, Hua Tao, director of Far East Holdings' Battery Industry's Vehicle Power and Energy Storage Service Department, Li Wei, deputy director, and Zhang Ji, director of Far East Holdings' Battery Industry Research Institute's System Product Service Department, accompanied the delegation.

Founded in 1989, East Group Co., Ltd. is a global provider of smart city and smart energy solutions. Focusing on strategic emerging industries such as smart cities, big data, smart energy and rail transit, East Group provides global users with comprehensive solutions such as high-quality IDC data centers, 5G edge computing, quantum communication cloud computing systems, new energy vehicle charging piles and energy storage systems, new energy power generation, integrated photovoltaic storage and charging systems, smart grids and rail transit smart power supply systems, and 5G power supply systems.

Far East Holdings is a global leading smart energy and smart city service provider. Its main businesses include the research and development, manufacturing and sales of smart energy and smart city technologies, products and services as well as their Internet and Internet of Things applications; smart energy and smart city project planning and design, investment and construction, energy efficiency management and services; and general contracting of smart energy and smart city projects.

During the symposium, both parties introduced their respective business development, main business sectors and R&D innovation, and conducted in-depth exchanges on the areas of cooperation to be carried out. In this cooperation, both parties will give full play to their respective multiple resource advantages in the industry and jointly provide better products and system solutions for both parties' customers.

Next, the two parties will closely follow the pace of national development strategies and the "14th Five-Year Plan", empower and support each other, create value for customers to the greatest extent, and enhance market influence!