The "2026 Sustainable Global Leaders Summit" was held in Shanghai from October 20 to 22. Jiang Xipei, Founder and Chairman of the Board of Far East Holding Group Co., Ltd., attended and delivered a speech.
Jiang Xipei pointed out that looking back at the "14th Five-Year Plan" period, profound changes took place in the global energy landscape, industrial system, and digital ecosystem, and China's real economy completed a systematic transformation and upgrading. Entering the new cycle of the "15th Five-Year Plan," high-quality development has entered a stage of deep breakthroughs, and new quality productive forces are no longer the exclusive track of emerging industries. The traditional real economy and high-end advanced manufacturing are precisely the core battlegrounds for the implementation of technological innovation and industrial iterative upgrading.
He introduced that Far East Holding Group has been deeply engaged in industry for more than 40 years, always adhering to its main business and making sustained efforts, focusing on three core businesses: intelligent cable networks and electric power, computing power and AI, and smart airports, precisely aligning with the three core functions and strategies of national energy security, the digital economy, and new infrastructure. Electric power is the foundation of development, computing power is the engine of the era, and AI is the core of transformation. The deep integration and collaborative empowerment of the three have completely reconstructed the development logic of traditional industry, opening up a brand-new path for manufacturing enterprises to break through cycles and improve quality and efficiency.
"Having been deeply engaged in the industry for decades, I have become increasingly certain: the core code for real enterprises to achieve steady and long-term progress is to assess the situation, keep pace with the times, maintain integrity and right-mindedness, and move toward goodness and upward. We must uphold our original aspiration in industry, deepen hardcore innovation, actively integrate into national strategies, empower industrial upgrading through the iteration of our main business, support low-carbon development through green innovation, and embrace global opportunities through openness and cooperation," he said.
So, how should enterprises seize the opportunity? First, break through with new quality and activate the internal momentum of the real economy through digital and intelligent transformation. There is currently a widespread cognitive bias in the industrial community that new quality productive forces and AI innovation belong only to the frontier scientific and technological fields. In fact, the core connotation of new quality productive forces includes two layers: first, cultivating and strengthening emerging technologies and emerging industries; second, using frontier technology to transform traditional industries and revitalize existing production capacity. This is also the core path for the vast number of real manufacturing enterprises to traverse industry cycles and achieve high-quality development.
Jiang Xipei pointed out that in real sectors such as cables, energy storage, and infrastructure supporting facilities, competition is full and iteration is rapid. The past development model of extensive expansion and low-price involution has long been unsustainable. Only by adhering to intelligent transformation, digital empowerment, and high-end upgrading can steady operation and long-term development be achieved. Over the years, Far East has always taken innovation as its primary driving force, comprehensively promoting intelligent transformation and digital transformation and green intelligent manufacturing, building multiple national-level green factories and intelligent lighthouse factories, establishing a full-process industrial internet system, and achieving digital control across the entire chain of research and development, production, supply chain, and operations and maintenance, continuously reducing costs, increasing efficiency, improving quality, and cultivating excellence.
He introduced that in the field of core technologies, Far East has continued to tackle key technologies such as nuclear-grade cables, flexible DC submarine cables, wind power-specific cables, and battery materials. More than 100 products have achieved domestic substitution, deeply supporting major national projects such as ultra-high-voltage power transmission, offshore wind power, new power systems, and computing power AI, firmly safeguarding the bottom line of energy transmission security and consolidating the foundation of real economic development.
Based on the opportunities of the "15th Five-Year Plan" era, Far East closely follows the trend of industrial transformation and has established a trinity core strategy of "electric power + computing power + AI," promoting precise coordination, deep empowerment, and closed-loop development of its three main businesses. Intelligent cable networks build a solid electric power foundation, empowering industry with intelligent, digital, and green technologies and improving the layout of modern new infrastructure.
He emphasized that the real economy has never been a bystander in the AI era, but rather the core carrier for the implementation of new technologies, the empowerment of new industries, and the iteration of new models. For manufacturing enterprises, intelligent, digital, and high-end transformation is not an optional path, but a required question for long-term立足 and winning the future.
Second, establish oneself through green development and practice sustainable development responsibility through deep cultivation of the entire chain. Entering the "15th Five-Year Plan," the global green and low-carbon transformation has become an irreversible trend of the times. Green development, ESG compliance, and low-carbon production capacity have become hard standards and core competitiveness for enterprises participating in global competition and connecting with international markets. The green transformation of manufacturing is by no means end-of-pipe treatment or simple emission reduction, but a full life-cycle green transformation covering raw material procurement, product research and development, intelligent manufacturing, terminal application, and recycling. It is the core essence of high-quality development of the real industry.
Jiang Xipei stated that Far East has always integrated green development into the top-level strategy of the enterprise, promoting all-round and full-chain green upgrading of its three core main businesses. In the intelligent cable network track, it iterates high-conductivity, low-loss low-carbon cables, greatly reducing energy transmission losses and helping clean energy transmission over long distances and with high efficiency; in the intelligent battery energy storage track, it deeply cultivates low-carbon energy storage technology, optimizes peak shaving and valley filling and energy-saving and carbon-reduction functions, precisely adapting to the green energy needs of the computing power and AI industries, and promoting efficient energy consumption and recycling; in the smart airport track, it builds a benchmark for green intelligent infrastructure, greatly reducing infrastructure energy consumption through the application of low-carbon equipment, intelligent operation and maintenance transformation, and upgrading of energy-saving systems, leading the green transformation of transportation infrastructure.
"We use the coordinated efforts of our three main businesses to precisely support the implementation of the 'dual carbon' goals and empower global green and sustainable development with the practical strength of real enterprises," he said.
In his view, green development is the common vision of all humanity, regardless of national borders or regions. As the world's two core economies, China and the United States have complementary advantages and huge potential in areas such as clean energy, new energy storage, computing infrastructure, and the co-construction of green standards. Far East has always insisted on replacing differences and confrontation with pragmatic industrial cooperation, using technology interoperability, standard co-construction, and supply chain coordination to transform green development consensus into practical results and real projects. With the hardcore strength of Chinese real enterprises and mature ESG practices, it deeply participates in global green governance and works hand in hand to build a low-carbon, efficient, and sustainable global industrial ecosystem.
Third, reach far through openness and demonstrate the pattern of Chinese industry through value globalization. During the "15th Five-Year Plan" period, the country continues to promote high-level opening up. Chinese enterprises going global have already bid farewell to the primary stage of extensive scale expansion and low-price product output, and have entered a brand-new development stage of value globalization, long-termism, and localization. In the new era, going global in industry is not a competition of size, but of core technology, brand value, compliance capability, and symbiotic responsibility.
Jiang Xipei introduced that at present, Far East's products and services have covered more than 170 countries and regions worldwide. He emphasized that after years of deep cultivation in overseas markets, he has deeply realized that for private real enterprises to develop globally, they must adhere to three original aspirations: first, stand on technology and take quality as the core, breaking the stereotype of "low-end manufacturing" with independently controllable hardcore technology and reshaping the high-end brand image of Chinese manufacturing; second, deeply cultivate locally and achieve symbiosis and win-win results, laying out research and development, production, and service systems according to local conditions, deeply integrating into the local industrial ecosystem, and realizing co-construction, sharing, and mutual benefit; third, operate in compliance and pursue long-term success with integrity, upholding the original aspiration of home and country, abiding by global trade rules and industry standards, and building the lifeline for enterprises to achieve steady and long-term global development.
Finally, he stated that looking to the future, Far East will focus on its three core tracks and precisely lay out a global value map. It will deeply cultivate emerging markets such as Southeast Asia, Central Asia, and the Middle East to achieve localized implementation of the entire chain of intelligent cable networks, intelligent battery energy storage, and smart airports; it will tackle high-end markets in Europe and America, focusing on exporting computing power AI supporting energy storage products, high-end power transmission cables, and overall intelligent airport solutions, creating global benchmark projects and leading high-end industry standards. We are willing to cooperate openly with partners from all sectors around the world, complement each other's advantages, consolidate the foundation of cooperation with electric power infrastructure, empower industrial upgrading with computing power AI, and jointly build a high-quality ecosystem with smart infrastructure, achieving technology co-creation, industrial integration, green co-construction, and mutual benefit.
"Practical work builds the foundation, AI empowers the future," said Jiang Xipei. The new journey of the "15th Five-Year Plan" has already begun in full. The wave of new quality productive forces and AI intelligence has injected new and powerful momentum into the transformation, upgrading, and high-quality development of the real economy. Private enterprises are a vital force in innovative development and also the backbone of building a strong nation through industry and global collaboration. They have great potential and will certainly accomplish great things.
He said that in the future, Far East Holding Group will always adhere to the essence of real industry, keep in mind its original industrial aspiration, deeply cultivate its three core main businesses of intelligent cable networks and electric power, intelligent battery energy storage and computing power AI, and smart airports, unswervingly implement the core strategy of "electric power + computing power + AI," drive industrial upgrading with new quality innovation, deepen sustainable development with green transformation, and embrace global opportunities with an open pattern, fully serving China's modernization drive and contributing solid Far East industrial strength and Chinese enterprise responsibility to global industrial coordination and green low-carbon development.
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