Building up "New Infrastructure" with Fast East Smart Energy

　　At the beginning of 2020, covid-19 swept through China then to the world, causing a considerable crisis for the global economy. Economists believe that the easiest and most effective way to deal with the crisis caused by this pandemic is to launch a "new infrastructure", which will become the new engine of growth in 2020.

　　According to statistics from the 21st Century Business Herald, as of March 1, 13 provinces, including Beijing, Hebei, Shanxi, Shanghai, Heilongjiang, Jiangsu, Fujian, Shandong, Henan, Yunnan, Sichuan, Chongqing and Ningxia, have released a list of investment plans for key projects in 2020. The investment list includes a total of 10,326 projects with a cumulative investment of over 33 trillion yuan, with the focus of investment all pointing to "new infrastructure".

　　What is "new infrastructure"? Compared with the traditional infrastructure，which means the construction of infrastructure such as railways, highways, urban railways, bridges and airports，the "new infrastructure", however, mainly refers to infrastructure construction at the technology end of the spectrum, including seven major areas: 5G infrastructure, ultra-high voltage, intercity high-speed railways and intercity rail transport, new energy vehicle charging piles, big data centres, artificial intelligence and industrial internet.

　　The new infrastructure investment will continue to enlarge and transform the integrated energy services market, a new round of challenges and opportunities. Currently, the energy industry is moving towards a big energy era, with new industries represented by integrated energy services revolutionising the traditional energy system. The vast majority of infrastructure projects require the construction of energy support facilities, so it is certain that infrastructure investment will be behind the growth in demand for new intelligent, integrated energy services.

　　Integrated energy system services

　　Adhering to its niche market leadership strategy, completing more than RMB 3 billion of mergers, acquisitions and investments, and accelerating strategic upgrades, Far Eastern Smart Energy (stock code: 600869) is committed to becoming a leading global smart energy and smart city service provider by making full use of its existing resources and those of related parties to comprehensively lay out the whole industry chain of "Internet+" smart energy system services in power generation, energy storage, power transmission, power distribution, power sales and end-user energy efficiency management, on the basis of strengthening and expanding its original business.

1. Extra High Voltage

　　EHV is the central nervous system of electricity. In early 2019, the State Grid Corporation announced that it would continue to increase the scope and strength of its "mixed reform", opening up the construction of UHV to social capital for the first time. In addition, the National Energy Board issued a notice to accelerate the construction of nine key power transmission projects, including 12 ultra-high voltage projects, to continue to promote the construction of ultra-high voltage power grids.

　　Under the influence of the dual policies, as one of the industry's benchmark cable manufacturers, Far Eastern Smart Energy has long been cooperating with State Grid and South Grid in the development of UHV products. Since 2006, Wisdom Energy has participated in international and national key R&D programs and independent projects in market demand to develop and put into production UHV conductors, and has developed large cross-sectional steel-core aluminium strand (720 mm2, 900 mm2, 1250 mm2), 1250 mm2 energy-saving conductors, heavy ice area conductors, large span conductors, low wind pressure conductors, 1660 mm2 carbon fibre composite conductors. 1660 mm2 carbon fiber composite wire and other series of products, making the line loss significantly reduced, while the line transmission voltage and transmission capacity to an unprecedented height, leading the development of intelligent cable in the field of ultra-high voltage transmission.

Changji to Guzhuan ±1100kV UHV DC Transmission Project

Xiangjiaba to Shanghai ±800kV UHV DC Transmission Demonstration Project

　　Benefiting from its leading core technology in the field of ultra-high voltage and the advantages of the "Far Eastern" brand, Smart Energy has now won a large number of orders for key national projects. China's first UHV transmission project - Southeast Jin-Nanyang-Jingmen 1000kV UHV AC test demonstration project, Xiangjiaba-Shanghai ±800kV UHV DC transmission demonstration project, South China Network's first ± 800kV DC transmission project - Yunnan-Guangdong ±800kV UHV DC transmission demonstration project, State Grid Hami South-Zhengzhou 800kV UHV DC transmission line project, Changji-Guzhuan ±1100kV UHV DC transmission project, Jinping-Sunan ±800kV UHV DC transmission project and other UHV line construction all use smart energy cables. Among them, the Changji-Guzhuan ±1100 kV EHV project has successfully started full voltage transmission recently, demonstrating Smart Energy's technical level in the field of EHV transmission and its leading position in the smart grid construction market.

　　2. New Energy Vehicle Charging Piles

　　Charging piles are the "refuelling stations" for new energy vehicles. According to the national planning, the ratio of vehicle to pile is basically 1:1 in 2020, with a huge gap. In 2019, the company reached strategic cooperation with Phoenix and BYD, and has achieved batch supply. The newly developed thin-walled automotive low-voltage wires are at the international advanced level and have been successfully applied to XCMG's heavy-duty transport vehicles.

　　In the area of intelligent automotive power and energy storage systems, the company is a manufacturer of new 21700 lithium batteries and has also launched a high performance lithium-ion soft pack battery project with a planned capacity of 6GWh (expandable to 12GWh in the future), aiming to build a domestic leading and international first-class automated and intelligent soft pack and square aluminum shell lithium battery production base in Yixing, Jiangsu. The first phase of the project will be put into operation in 2019, and will be dedicated to creating "high safety, long life and low cost" soft pack power batteries while achieving high specific energy, which will meet the needs of high-end new energy vehicles and energy storage.

　　3. Industrial Internet

　　The Industrial Internet has been upgraded to a national strategy, and policy support has been established. The significance of the Industrial Internet industry is no less than that of new energy vehicles. The country's demand for upgrading industrial systems is strong enough, and the trillion-dollar market space is large enough. Far Eastern Intelligent Energy has taken "Cable.com, Buy & Sell.com and Trading Center" as its carrier to build an e-commerce service platform for the whole industry chain of electrical and electric industry.

　　Since its establishment in 2011, relying on the solid industrial foundation of intelligent energy, Far Eastern Buyoyo has integrated the ecological resources of the industry, truly opened up the business model of the whole industry chain from the raw material end to the manufacturing end and then to the end user end, realized the four closed loops of information flow, large logistics, capital flow and service flow on the same platform, built a manufacturing ecology based on the platform, mastered the dominant power of industrial big data entrance, seized the new high point of industrial competition, and became a global electric and electrical vertical e-commerce platform with industrial support, and won the title of national "e-commerce demonstration enterprise".

　　At present, Far Eastern Buy & Sell has reached strategic cooperation with big brands with high reputation in their respective fields, such as Far Eastern Cable, Schneider, Delisi, ABB, Siemens, Chint Electric, Rogeland, Bull, Shanghai Electric, Eaton Electric and 3M. With the increasing demand of end-users for one-stop procurement of wires and cables, electricians and electrical appliances, Far Eastern Buy & Sell has continuously explored channel innovation and created the O2O service system, which directly connects manufacturers and customers, reduces the intermediate levels of supply and sales links, centralizes the management of massive data on the platform, and comprehensively connects supply and demand upstream and downstream. While meeting customers' demands for one-stop purchasing and seamless services, it effectively reduces customers' comprehensive purchasing costs and achieves four wins for the platform, shops, sales elites and customers.

　　4. Smart Transportation

　　In the urban transportation industry, based on the high quality of cable service for rail transportation, Far East Smarter Energy has been deeply laying out the construction of smart airports, and its subsidiary Beijing Jing Hangan An Co. Ltd. is one of the four units that have the double qualification of professional contracting for airport visual aids to navigation engineering, civil aviation air traffic control engineering and airport weak electrical system engineering, and has won the "China Construction Engineering Luban Award", "National Quality Engineering Silver Award", "China Municipal Engineering Golden Cup Award" and "China Municipal Engineering Golden Cup Award". The company has won many honours such as "China Construction Engineering Luban Award", "National Quality Engineering Silver Award" and "China Municipal Engineering Golden Cup Award", and has undertaken more than 600 intelligent power projects in more than 160 military and civil airports, including Beijing Daxing International Airport, Shanghai Hongqiao International Airport, Luanda New International Airport in Angola and Vila Na International Airport in Maldives.

Beijing Daxing International Airport

Zhuhai-Hong Kong-Macao Bridge

　　Smart Energy, Smart City Service Provider 

　　More than that, in the big data centre industry, the company reached a strategic collection partnership with Shanghai Baoye Group, Jiangsu Zhongdian Innovation, and China Railway Electrification Bureau Group on the national storage base project of Changjiang Storage Technology Co., Ltd, the national memory base electromechanical installation project, and the data centre project of the General Administration of Iron and Steel of China Railway Electrification Bureau, rapidly laying out the big data centre service field.

　　In the artificial intelligence industry, IRS07EE-H-450/750V Class I and III robotic cables developed and produced by Wisdom Energy (600869) were awarded TüV Rheinland certificates for Class I and III robotic cables, making it the first company in China to receive such certificates.

　　In the future, Far East Smarter Energy will base on wire and cable, deploy communication cable business, enter the 5G market, give full play to the comprehensive advantages of the industry leader, combine many years of experience in intelligent manufacturing in the industry, take the industry's well-known brands and nationwide sales channels as the core, and continuously cultivate leading integrated solutions in key industries to build a "leading energy internet "We will further enhance our market share and consolidate our strategy of becoming a leading global provider of smart energy and smart city services.

　　 Source from: Far East Smart Energy