A series of "super projects" such as Hong Kong-Zhuhai-Macao Bridge, Hong Kong International Airport, ±800kV DC power transmission project from northwest Yunnan to Guangdong and so on, which are participated by subsidiaries of Far East Smart Energy Co., LTD. (Abbreviation: Far East Holdings; Stock Code: 600869), have become an important "engine" for the high-quality development of the Guangdong-Hong Kong-Macao Greater Bay Area, a major national strategic project.
The nine pearl River Delta cities such as the Hong Kong Special Administrative Region, the Macao Special Administrative Region and Guangzhou and Shenzhen in Guangdong Province are linked together, and covers a total area of 56,000 square kilometers. Since its inception nearly five years ago, the Guangdong-Hong Kong-Macao Greater Bay Area has witnessed significant growth in its overall strength, deepening reform and opening up with greater vigor, and showing unprecedented vitality.
The nine pearl River Delta cities such as the Hong Kong Special Administrative Region, the Macao Special Administrative Region and Guangzhou and Shenzhen in Guangdong Province are linked together, and covers a total area of 56,000 square kilometers. Since its inception nearly five years ago, the Guangdong-Hong Kong-Macao Greater Bay Area has witnessed significant growth in its overall strength, deepening reform and opening up with greater vigor, and showing unprecedented vitality.
In recent years, Far East has seized the major opportunities of the Guangdong-Hong Kong-Macao Greater Bay Area and drawn up the development blueprint of the company in the Greater Bay Area from an overall perspective. It has accelerated the implementation of smart cable network, smart battery and smart airport businesses in more projects in the Greater Bay Area and made solid progress in the construction of an international first-class Bay Area and a world-class city cluster.
Intelligent Cable Network
To Build a New Engine for the Rise of the Greater Bay Area
The 55-kilometer-long Hong Kong-Zhuhai-Macao Bridge connects Hong Kong, Zhuhai and Macao. It is the longest cross-sea bridge in the world, with the longest design time, the most difficult construction and the highest technological content, so it is called one of the "Seven Wonders of the New World" by foreign media. The intelligent transportation cables supplied by Far East Cable Co., LTD., a subsidiary of Far East Holdings, have been fully used in lighting, power supply and distribution, and related facilities of the comprehensive toll communication center of the main traffic project of the Hong Kong-Zhuhai-Macao Bridge, contributing to the connectivity of the Guangdong-Hong Kong-Macao Greater Bay Area.
The ±800kV DC power transmission project from northwest Yunnan to Guangdong is one of the west-to-east power transmission project of China Southern Power Grid, which can deliver about 20 billion KWH of electricity to Guangdong every year. The ultra-high voltage and large cross-section steel-cored aluminum stranded wire supplied by Far East Cable for the project has corrosion resistance, low loss and long service life, which effectively ensures the safe transmission of "green electricity" from northwest China to the Guangdong-Hong Kong-Macao Greater Bay Area.
In addition to participate in the above two major projects, Far East is also deeply involved in a number of urban rail transit projects, such as Guangzhou Metro and Shenzhen Metro in the Guangdong-Hong Kong-Macao Greater Bay Area, as well as power transmission engineering, distribution network engineering, urban network construction engineering, data center projects, photovoltaic power generation projects and so on, providing momentum for the development of the Guangdong-Hong Kong-Macao Greater Bay Area.
Intelligent Battery
Gather Momentum for Green Development
At present, the Guangdong-Hong Kong-Macao Greater Bay Area has initially formed an industrial cluster of new energy and intelligent connected vehicles, and Far East battery has also participated in some battery projects.
For a long time, Far East Battery is the ultimate pursuit of product quality and safety, and deeply integrates the quality culture of "Far East Battery, safe and durable" into its business and products. We are committed to providing customers with high security, long life, high ratio, aspect ratio, high reliability products and green solutions, and providing customized products and solutions to our customers.
Jiangxi Far East Battery, in one of the two battery production bases, has continuously extended its product line, developed a series of high specific energy, medium magnification cylindrical battery products, and established a diversified product matrix, which is applied to light travel, high-end digital, power tool energy storage and other fields. Jiangsu Far East Battery has mass-produced 50Ah soft pack lithium iron phosphate battery, which realizes the performance combination of high rate, high energy density and long cycle. Under the premise of controllable cost, it can meet various application scenarios such as household energy storage and mobile energy storage.
With the combination mode of "cylinder + soft package", the smart battery business of Far East is making great efforts in light travel, power tools, high-end digital, energy storage and other fields, and continues to "expand the territory".
Intelligent Airport
The Economy is Poised to Take Off
Opened in July 1998, the Hong Kong International Airport (HKIA) connects some 220 destinations around the world with more than 1,100 flights between Hong Kong and the rest of the world every day. The third runway of HKIA completed test flights in April this year and will soon be officially opened.
Beijing Hang 'an Airport Engineering Co., LTD., a subsidiary of Fareast Holdings, currently holds some qualifications, such as airport visual navigation assistance project contracting Class I, civil aviation air traffic control project and airport weak current system engineering contracting Class I, etc. At present, it has undertaken 121 domestic airport projects, accounting for 49% of the total transport airport projects in China, including Hong Kong International Airport.
It is worth noting that in June 2022, the contract orders of more than 10 million yuan won or signed in the Smart Airport sector of Far East Holdings was 312 million yuan, with a year-on-year growth of 111.54% and a sequential growth of 728.24%. All the project orders came from Hong Kong.
Hong Kong International Airport (HKIA) has kept pace with the development of the country. In line with the 14th Five-Year Plan, HKIA will enhance Hong Kong's status as an international aviation hub and be deployed in the Guangdong-Hong Kong-Macao Greater Bay Area to build a world-class airport cluster.
According to the 14th Five-Year Plan and the outline of the 2035 vision, the Guangdong-Hong Kong-Macao Greater Bay Area is to be built with high quality. The development of the Greater Bay Area will usher in a new stage of full implementation and accelerated progress. Far East Holdings will continue to seize opportunities, deepen cooperation with enterprises in the Guangdong-Hong Kong-Macao Greater Bay Area, promote the implementation of projects in an orderly manner, and contribute to the rise of the Greater Bay Area.