On May 9, the “2015 Global Wire and Cable Annual Meeting†was grandly opened in Yixing, Jiangsu. Jiang Xipei, Chairman and CEO of the Board of Directors of Far East Holding Group, attended the conference as a representative of entrepreneurs and gave a keynote speech on "Transformation and Development of the Cable Industry under the New Normal Economy", allowing the guests to know the industry leader of the Far East. It also clarifies the development of the cable industry. Reform dividends bring more strategic opportunities "Peer is the most important strategic partner. The competition in the industry is inevitable and the characteristics of the market economy. If there is competition, there will be development, and reform will have a future." Jiang Xipei believes that the current government is leading us to make profound changes. The in-depth development of the "four comprehensive" guiding ideology will definitely bring us more strategic opportunities. The dividend of reform is obvious. Whether it is the reform of tax laws, financial regulations, quality regulations, or even constitutional reforms, they are all considerations of advancing with the times. They are all security needs and development needs. I believe these will be gradually presented to everyone in the future. Social reforms are underway. The current concepts and ideas of social development have focused on how to make the values ​​more in line with the trends and laws of economic, social and world development under the circumstances of laws and regulations, making such an economy and society more Can be healthy and sustainable. The reform of the economic field, from development as the last word, to the scientific development concept, to the comprehensive construction of a well-off society, is based on economic development, and the important force of economic development is private enterprises and entrepreneurs, so entrepreneurs are the state. The precious wealth of society, reform needs to create a better space and environment conducive to the growth of entrepreneurs and enterprises. “Volkswagen Entrepreneurship and Innovation†have pointed out the direction for the development of private enterprises, and also pointed out the way for the reform of social and economic systems. The era of mature industries in various industries is no longer the era of barbaric growth. "The current economic situation is constantly changing. Under the new economic normal, business operations are also faced with various opportunities and challenges. In the next 5 to 10 years, nine out of ten enterprises will no longer exist, including our wire and cable. Industry.†Jiang Xipei pointed out that various industries have entered the era of mature market, no longer the era of barbaric growth, which means that the extensive development in the past will shift to lean development, unruly, unintelligible, and not progressing. It is bound to be eliminated. It is also under such a general trend that we have to think about how to enter the "Internet +" era and embrace "Internet +". For example, Jiang Xipei said that looking at the whole country and the world, the chances of surpassing Ma Yun and Ma Huateng in the Internet field are very small. But there is still an opportunity in the cable industry. We must actively embrace the Internet and the Internet of Things, and through close integration, we can generate new hopes. The Far East Holding Group is a traditional enterprise that entered the Internet field earlier. It turns out that the Far East Trading Network Technology Co., Ltd., which we established in 2011, has achieved remarkable results. Enterprises can only win more development opportunities if they are integrated with the capital market. Jiang Xipei also stressed the importance of the capital market. He said that embracing the capital market is not enough to rely solely on product management, and integration with the capital market can win more development opportunities. Far East Holding Group is at the forefront of China's capital market through mergers, acquisitions and restructuring. The divestiture of some industries is like finding a good family for a daughter who has been cultivated for more than ten years. Although it has some reluctance, it helps the company to focus on developing its core business and closely focuses on the core of cable industry, smart energy and internet finance. Business development. We are convinced that if we can keep up with the booming capital market, the prospects of enterprises will definitely be different. Such a rare historic opportunity is for all enterprises that are prepared and have basic conditions. In such an environment, companies need to review the situation and clarify their strategies, especially capital strategies, as well as international strategies. Now every enterprise is part of the international market. The Far East is also accelerating the process of internationalization. From now on, international business only accounts for about 10%, and about 20% in 2020, about 20% of international talents. . These indicators are challenging for the Far East. However, we firmly believe that with such a 25-year foundation for developing a company, the conditions for its creation, and the historic opportunities that we now bring, these goals can be expected and realized. Cable companies need to be based on the industry and jump out of the industry The current problems facing the development of the cable industry are not only the result of market competition, but also the irrational result of the industry itself. Cable companies need to look at the industry based on the industry, jump out of the industry to see the industry, can really find the key points, pain points, difficulties, and actively communicate with our users, especially large users, mutual benefit, change the current bidding methods and forms From the bidding regulations to the establishment of a credit system, entrepreneurs with quality, brand, and reputation, with a sense of social responsibility and mission, have more resources, create more value, and serve the society. . Jiang Xipei is full of confidence in the future development of the cable industry. He firmly believes that the future can be changed and is changing. As long as everyone who is interested in changing the industry and changing the status quo has enough wisdom and ability to adhere to ideals and dreams, the future development will be even better.
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