Behind clean energy, Far East has repeatedly broken the "best in the industry"

Recently, the State Council issued the Action Plan for Peaking Carbon Emissions before 2030, which clearly states that it is necessary to strictly and reasonably control the growth of coal consumption and vigorously develop new energy
.
Comprehensively promote the large-scale development and high-quality development of wind power and solar power generation, adhere to both centralized and distributed development, accelerate the construction of wind power and photovoltaic power generation bases, and further improve the guarantee mechanism
for renewable energy power consumption.

The latest data shows that in the third quarter of this year, 1.
67 million kilowatts of offshore wind power were newly connected to the grid, a year-on-year increase of 227%.

By the end of September, the cumulative installed capacity of offshore wind power in China reached 13.
19 million kilowatts, a year-on-year increase of 75.
7%.

According to the report, it is expected that affected by the offshore wind power grid-connected electricity price policy, the scale of offshore wind power grid-connected in coastal areas will increase
in the fourth quarter.
In addition, the Global Wind Energy Council predicts that China's total offshore wind capacity is likely to surpass the UK and become the world's largest
within this year.

Market share reached 30%

Become the largest supplier of wind power cables in China

Stimulated by the good news, the related industries in the wind power industry chain have achieved rapid development, and wind power cables, as a key link in the upstream and downstream industry chain of wind power, have also ushered in new development opportunities
.
Far East Smart Energy Co.
, Ltd.
(hereinafter referred to as Far East Stock Code: 600869) Far East Cable Co.
, Ltd.
, a wholly-owned subsidiary of Far East Cable Co.
, Ltd.
, entered the field of wind power as early as 2002, relying on strong technical research and development and manufacturing strength, and made every effort to create special cables suitable for wind power environment, with a market share of 30%, and has become one of
the largest wind power cable suppliers in China.

8MW medium-voltage torsion-resistant cable for offshore wind power

Over the years, Far East Horizon has independently developed torsion cables for wind turbines with 0.
6/1kV, 1.
8/3kV, 3.
3/6kV, 12/20kV, 21/35kV, 26/35kV, 36/66kV wind turbines, aluminum alloy tower cables, etc
.
Torsion cable has low temperature torsion resistance, low temperature bending resistance, moisture resistance, cold resistance, salt spray resistance, oil resistance, ultraviolet resistance and other characteristics, aluminum alloy tower cable has cold resistance, salt spray resistance, flame retardant, oil resistance, UV resistance, light weight and other characteristics
.

Among them, the aluminum alloy power cable with rated voltage of 1kV wind power tower can achieve a procurement cost 40% lower than that of copper cable and save more than 30% of installation and construction costs under the same electrical performance, which is a green product
for energy conservation and emission reduction.

After in-depth research, Guoyuan Securities said in the first coverage report of Far East Shares in the "cable leader old tree shoots, copper foil + battery vitality emerged" Far East shares first in the industry, and accounted for the first proportion in a number of cable market segments based on clean energy, and the market share in the clean energy cable segment market such as wind power cable, nuclear power cable and photovoltaic cable reached 30%, 60% (third-generation products) and 10%
respectively.
In the downstream industry, Far East Cable has been the preferred brand
of real estate enterprises for 6 consecutive years.

Pursue the extreme

Escort a number of key projects

With its timely and ultimate products and services, Far East Cable has been unanimously recognized by customers at home and abroad, such as twice won the title of "Five-level Green Supplier" awarded by Goldwind Technology, and won the "2020 Best Supply Award" authorized by Yunda Wind Power, and successfully participated in a number of domestic key wind power projects
.

Shanghai Donghai Bridge Wind Farm

Shanghai Lingang offshore wind power

In 2009, China's first 3MW offshore wind turbine was successfully hoisted at the Donghai Bridge Wind Farm in Shanghai, marking a historic 3MW of China's offshore wind turbines
.

In 2019, Shanghai Electric 6.
25-172 offshore wind turbine successfully hoisted the first wind turbine in the first phase demonstration project of Shanghai Lingang Offshore Wind Power, which is the most powerful offshore wind turbine in Shanghai and the world's largest offshore wind turbine with the largest impeller diameter that has been lifted
.

Two groundbreaking innovations in the history of wind power in China, the cable kits used in wind turbines were provided
by Far East Cable.

In 2019, Far East Horizon successfully trial-produced Asia's first 66kV torsion-resistant flexible cable for offshore wind turbines of 8MW and above, which is another major breakthrough
in the design and manufacture of high-voltage torsion-resistant flexible cables for offshore high-power wind turbines after the 35kV medium-voltage wind power torsion-resistant flexible cable.

On March 20, 2020, the last blade lifting of the 300MW project demonstration project of the Leting Bodhi Island offshore wind farm in Tangshan, Hebei Province was successfully uncoupled, marking the completion of the lifting of the first offshore wind farm in Hebei and the largest in northern China
.
The project adopts 100% Far East Cable, including 20,000 sets of wind power encoder cables, bus cables, control line number cables, medium and low voltage power cable harnesses, a total of more than 500 kilometers of copper core cables, and more than
100 kilometers of domestic low-smoke halogen-free wind power tower special aluminum alloy power cables.
It is worth noting that the whole set of wiring harness product solutions reduce the overall cost for customers by more than
30%.

In addition to domestic projects, Far East is also widely used in wind power projects
in many overseas countries such as the United States and South Korea.
At present, Far East has become a strategic supplier of the world's top ten wind turbine manufacturers, and is also listed as a global supplier
of NORDEX, VESTAS, GE, and Siemens.

Strive for clean energy

Comprehensive layout of wind, light, gas, life and storage

The in-depth report "Cable Leader, 600869 Second Take-off" released by Northeast Securities mentioned that Far East continued to lead in many aspects in 2020, becoming the first in cable sales of Chinese listed companies, and the first
in the market segment of clean energy such as wind power, photovoltaic, nuclear power and hydropower.
The company has provided services to more than 200,000 customers, including more than 50 Fortune 500 customers and more than 200 Fortune 500 customers in China, and has established strategic cooperation
with leading enterprises in green building, intelligent manufacturing, smart grid, clean energy, intelligent transportation and other industries.

At a time when energy production mode is transformed by clean energy, Far East Horizon aims at the field of clean energy, focuses on the R&D and manufacturing of innovative products, and vigorously develops clean energy to provide overall solutions from clean energy cable products, clean energy power generation and transmission and distribution projects, creates a low-carbon development model, and forms an industrial chain layout for the coordinated development of clean energy such as wind, solar, gas, generation and storage
.

Baihetan Hydropower Station

Far East has successively provided intelligent cable products for the Yangtze River Three Gorges Transmission Project, Baihetan Hydropower Station and other projects, and made its own contributions
to the construction of "Hualong No.
1" with nuclear-grade cable intelligent manufacturing production technology and innovation capabilities.

Shanghai Aineng Power Co.
, Ltd.
, a subsidiary of Far East Limited, focuses on clean energy power generation (including natural gas distributed energy, photovoltaic and heating, wind power, biomass and garbage storage, etc.
), and designs and constructs engineering projects throughout Jiangsu, Zhejiang, Shanghai, Wan, Tibet, Qinghai, Ningxia, Xinjiang, Gansu, Hebei, Hainan and other places, including the National Convention and Exhibition Center (Shanghai) natural gas distributed energy station project, the largest floating photovoltaic power station in China, Anhui Xuancheng Zhuqiao Township 100MWp fishery-solar complementary photovoltaic power generation project
。

Wind power has always been the main force in the development of
clean energy.
As a leading cable enterprise, Far East Horizon has strong R&D and manufacturing strength and complete production and testing equipment, always walking in the forefront of the industry, contributing wisdom and strength
to promoting the development and utilization of renewable energy.
(Chu Mengqian)