Far East Holding Group Co. LTD is a private joint-stock group established by Jiang Xipei, the chairman of the board, president and secretary of the Party committee in 1990. It mainly produces and purchase wire, cable, new material; also deal with investment, stock and management consultation. Now the register capital of the company is 0.3 billion Yuan RMB, total capital is 1.5 billion Yuan RMB, and more than 3000 personnel with it. The sales income in 2002 was 2.03 billion Yuan RMB, the tax was 125 million Yuan RMB, and the profit was 62.05 million Yuan RMB. The aim in 2003 is to get 2.5 billion Yuan sales income, rise by 23.15% on 2002; 0.15 billion Yuan fax, rise by 20% on 2002; 80 million Yuan net profit, rise by 23.04% on 2002; to put 80 million Yuan into market, and develop more than 20 new products.

The company is one of the State High & New Technology Key Enterprises, 1000 Pillar Industry Enterprises of State Economy, China Most Competition Enterprises and Groups, China Honesty Enterprises, National Attach the Contract and Stress the Reputation Enterprises and China Quality Service Reputation AAA Enterprises. We have passes through the ISO9001 and ISO10012 certification, and FMRC、UL certification of the U.S.A. We are given the import and export management rights by National Foreign Trade Administration.

Core enterprise of the Group Far East Cable Factory mainly produces bare wire, wire and cable use for electrical equipment, electrical power cable, control cable and communication cable, more than 160 varieties, more than 16,000 specification products. The comprehensive strength is in before the 3^rd place among 5000 enterprises of same industry, and wins some No.1 in the country: the first to win the National Consumer Satisfaction Enterprises, the first to joint China Electrical Industry 100 Top Enterprises, the technology invest and new products exploration is the most, cable production and sales keep the 1^st for many squirrel years and first enterprise of China in the world cable industry list.

S&P holding by us is important Chinese herbs and Tibet drugs production enterprise in the country, the first launch company in Qinghai. The Group has 53.25% of its shares. S&P produce more than 150 series products such as Dong chong Xia cao, Hong jing tian and hepatitis Jianli Feipian.

Chairman of the group company Jiang Xipei, also won lots of titles, such as National Model Workers, China Outstanding Enterprise, National 10 Outstanding Cross-Century Technology Talents, National Profession Ethics Construction Advanced Individual, Jiangsu Model Worker, Jiangsu 10 Outstanding Youth and Jiangsu Excellent Communist. He was elected as a representative of 15^th National Congress of CPC in 2002; in 2003 he won the China Youth 5.4 Award.