See how Far East Shares makes efforts to "specialize and innovate"

Not long ago, the Ministry of Industry and Information Technology, the Ministry of Finance and other six departments jointly issued the guiding opinions on accelerating the cultivation and development of high-quality manufacturing enterprises, proposing to build a gradient cultivation pattern of high-quality enterprises, with the goal of cultivating one million innovative small and medium-sized enterprises, 100,000 provincial-level specialized and special new enterprises, 10,000 specialized and special new "little giant" enterprises and 1,000 "single champion" enterprises
during the "14th Five-Year Plan" period.

At the same time, the state has intensively issued a number of support policies, such as the General Office of the State Council issued the Notice on Further Increasing the Relief and Assistance for Small and Medium-sized Enterprises, and the Office of the State Council Leading Group for Promoting the Development of Small and Medium-sized Enterprises also issued the "Practical List for "Specialized, Specialized and New" Small and Medium-sized Enterprises and Several Measures to Enhance the Competitiveness of Small and Medium-sized Enterprises"
at almost the same time.
It can be seen that all three documents without exception refer to "specialization and innovation"
.
This indicates that in the future, "specialized, specialized and new" enterprises will receive more attention and greater support
.

What is "Specialization and Innovation"? According to the definition of the Ministry of Industry and Information Technology, the leader of small and medium-sized enterprises with "specialization, refinement, specialization and novelty" is a vanguard enterprise
focusing on market segmentation, strong innovation ability, high market share, mastery of key core technologies, and excellent quality and efficiency.
In short, the scale of these enterprises is not large, but they all have "unique skills" and "fist products", which can play an important role in the industrial chain and greatly enhance China's industrial competitiveness
.

Such a high-level, all-round focus on small and medium-sized enterprises is rare
.
For enterprises, this is undoubtedly a golden opportunity, to make full use of policies, focus on the main business, create advantages, and take the road
of "specialization and innovation" 。 As a leading enterprise in the cable industry, Far East Smart Energy Co.
, Ltd.
(hereinafter referred to as: Far East Stock Code: 600869) has always practiced the new development concept of "three highs and one strong", to "refine" to establish a business, to "quality" to win, in the previous Ministry of Industry and Information Technology announced the list of enterprises, its Anhui Cable Co.
, Ltd.
(hereinafter referred to as: Ancable), Far East Composite Technology Co.
, Ltd.
(hereinafter referred to as: Far East Composite Technology) with strong comprehensive strength were selected as the second and third batch of specialized and special new "little giants", It reflects the high recognition
of Far East Holdings in independent innovation, scientific research application, market expansion and industry leadership.

In terms of technological innovation:

Technological innovation is an important part of driving development, but also the soul of "specialization and innovation", in order to make enterprises achieve long-term development, the key lies in innovation
.
Since its establishment, Far East Composite Technology has always regarded scientific and technological research and development as the top priority of development, and strives to become an enterprise with brand, patent and independent intellectual property rights, and form its own core competitiveness
through continuous innovation.

Relying on the research and development platforms such as Jiangsu Enterprise Technology Center and Jiangsu (Far East) New Special Conductor Engineering Technology Research Center, Far East Composite Technology has mastered carbon fiber composite conductor design circuit, product development, production, testing, installation, laying and other technologies, breaking the foreign technology monopoly and realizing the transmission requirements
of large capacity, energy saving and environmental protection of UHV transmission projects 。 It is worth mentioning that when declaring the "Little Giant" enterprise, the "energy-saving and low-consumption aluminum alloy series conductors for smart grid" of Far East Composite Technology is a key innovation project of Far East Holdings in UHV transmission lines, which can greatly reduce the occupation of transmission corridors and is of great significance
for saving land resources and improving the transmission capacity of transmission lines.

As a cable enterprise focusing on the research and development, production and sales of nuclear-grade cables, Ancable has been deeply engaged in the field of nuclear power for more than 20 years, and the nuclear-grade cable products produced are widely used in the containment and external power transmission, control, measurement systems, etc
.
of second- and third-generation nuclear power plants.
For a long time, Ancable has always regarded innovation as the primary productive force, invested a lot of R&D funds, continuously introduced scientific research talents, gathered resource advantages ahead of R&D, owned a number of patents, and cooperated with Hefei University of Technology to achieve market integration, vigorously improve the quality of education, and train high-tech talents and first-line practical technical talents
for enterprises in a targeted manner.

With its strong strength in technological innovation, Ancable has won the "Provincial Recognized Enterprise Technology Center Certificate", and has won many provincial and municipal science and technology awards, among which "Hualong No.
1 Class 1E Cable in Harsh Environment" has won the Science and Technology Award of China Nuclear Energy Industry Association and the Anhui Science and Technology Award
.
It can be seen that the innovation ability of Ancable is strong
.

In terms of quality control:

In order to achieve high-quality development, Far East Composite Technology comprehensively promotes lean management, builds a workshop-level industrial Internet system - SCADA system based on intelligent manufacturing, builds an intelligent workshop, realizes the interconnection and data sharing of workshop equipment, facilitates real-time monitoring and analysis of quality control, equipment operation, planned operation, energy consumption and other data in the production process, timely discovers problems in production and makes adjustments, makes accurate decisions, and greatly improves production efficiency and quality
.

In addition, in order to achieve the goal of quality control and quality improvement, Far East Holdings also makes full use of big data to manage the whole life cycle of products, create an Internet + total quality management model, and effectively ensure the excellent performance
of products 。 This model is based on ERP/EBS (Market Service Management System), ERP/CAPP (Product R&D Management System), ERP/SRM (Raw Material Supplier Management System), ERP/MES (Production and Manufacturing Management System), ERP/TMS (Delivery Transportation Management System), ERP/CRM (Customer File Management System), etc.
, by collecting data from the big database, to achieve customer needs, design and development, raw material procurement management and distribution, The information management of the whole process from manufacturing to product delivery covers quality management to every link, eliminating hidden quality hazards to the greatest extent and ensuring production safety
.

Adhering to the development concept of "excellence", Ancable also runs quality awareness through every link
of production.
At present, Ancable has passed ISO9001 quality management system certification, ISO14001 environmental management system certification, OHSAS18001 occupational health and safety system certification, national military standard system certification and obtained military equipment contracting qualification certificate, and also won the Chuzhou Mayor Quality Award
in 2019.

The two subsidiaries of Far East Holdings can be selected into the list of "Little Giants" of specialization and special innovation, which is a recognition and encouragement
of Far East Shares' independent innovation ability and technological research and development strength.
With the country's great attention to "specialization and innovation", it has become an inevitable trend
for enterprises to take the road of "specialization and innovation".
In the future, Far East Holdings will adhere to its original intention and fulfill its mission, give full play to the leading role of industry leading enterprises, continue to steadily develop in terms of innovation ability, market development, operation level, platform construction, etc.
, improve internal strength, and strive to cultivate more specialized and special new "little giant" enterprises, so as to provide a steady stream of endogenous power
for the long-term sustainable and healthy development of China's economy.
(Wang Jun)