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Far East Smarter Energy Held Successfully 2016 First Investor Reception Day

Release time:2016-05-20Click:781作者:


On May 19, Far East Smarter Energy Co., Ltd. (abbreviation: Smarter Energy; stock code: 600869) held "2016 First Investor Reception Day" in Yixing. This event was joined by a total of nearly 40 institutional and individual investors. Director and CEO of Smarter Energy Jiang Huajun, CFO and Board Secretary of Smarter Energy Wan Jun, Assistant to President and Chief Administrative Officer of Far East Holding Group Zhou Dongjiao, Assistant to General Manager of Smarter Energy and CEO of Far East Trading Pay Network Technology Co., Ltd. (hereinafter referred to as "Trading Pay") Sun Lu, Assistant to General Manager and CEO of Anhui Cable Co., Ltd. (hereinafter referred to as "Anhui Cable") Liu Zhijun, CEO of Far East First New Energy Co., Ltd. Cai Dong (hereinafter referred to as "First"), CEO of Far East Material Trading Center Co., Ltd. (hereinafter referred to as "Trading Center") Huang Qingfeng, Deputy General Manager of Shanghai Intelligence Power Electric Engineering Corporation (hereinafter referred to as "Intelligence Power") Tong Jianmin and General Manager of Power Battery Business Department of First Song Qi attended the activities.

In the event, Jiang Huajun first expressed a warm welcome and sincere thankfulness to the coming investors. Next, he introduced the company’s senior management team attending the event, and talked briefly on the corporate development process, basic information and operating highlights.



Jiang Huajun introduced the basic information of the company

Wan Jun explained the company's overall operating performance, business conditions, strategic layout and realization path in details, who noted that the company will continue to make strategic layout around "a smart energy and intelligence city system service provider", actively build two platforms including energy Internet and the "Internet +", strive to establish an industry chain of smart energy and intelligent city both online and offline, and complete a function chain in domestic and international markets. In 2015, Smarter Energy achieved an operating revenue of RMB 11.7109977 billion, a year-on-year growth of 3.16%; a net profit of RMB 451.2906 million, a year-on-year growth of 126.39%, and a net profit attributable to shareholders of listed companies at RMB 422.2769 million, a year-on-year growth of 131.11%.

Wan Jun explained the company's overall operating performance and 

strategic layout in details.

Cai Dong introduced the basic information of First, and Song Qi added the introduction on the technology of power battery cell. Currently, First’s 18650 lithium battery ranks No.1 in the country and No.3 in the world in terms of the scale of production and sales, behind South Korea's Samsung and Japan’s Panasonic. Recently, First has passed the testing certification and obtained the test reports in accordance with new national standards of GB/T 31484-2015 "Electric Vehicle-Used Power Storage Battery’s Life Cycle Requirements and Test methods", GB/T 31485-2015 "Electric Vehicle-Used Power Storage Battery’s Safety Requirements and Test Methods", GB/T 31486-2015 "Electric Vehicle-Used Power Storage Battery’s Electrical Performance Requirements and Test Methods". Based on the present development trend in power battery industry, First will experience a year-on-year growth at a more substantial pace in the future, which may achieve an increase greater than the expectation. Cai Dong said he has full confidence about the future of First. It will make a large layout in capacity, technology and market under a strong support from listed companies, continue to increase the power battery production, and prepare technically for its gradual extension to energy-storage area in future.

Cai Dong made a speech

In the following interactive communications, investors raised questions actively around the company’s business layout, development strategy and growth achieved in its subsidiaries including First, Trading Pay and Intelligence Power, who were replied by the participant senior management members.

Investors raised questions

Sun Lu answered the questions by the investors

Investors performed quite active in the activities held on the Investor Reception Day, which received positive responses. The investors communicated sufficiently with the company's management team face to face. The company and its subsidiaries’ development strategy, business layout and operating performance were widely recognized by the guests. In future, the company will continue to promote a long-term stable and good relationship with the investors, provide a variety of communication channels and platforms, listen to investors’ voice broadly, and fully respect to the investors’ development suggestions and opinions. It will also establish and improve a long-term return mechanism for the investors, shape a good image as a listed company that is healthy and progressive, and strive to achieve a win-win and a harmonious development among the companies, investors and society.

The on-site of the activities