Recently, Far East Cable Co., Ltd. (hereinafter referred to as “Far East Cable”), a wholly-owned subsidiary of Far East Smarter Energy Co., Ltd. (hereinafter referred to as “Smarter Energy”, stock code: 600869), obtained Indonesian National Standard (SNI) certificate (for low-voltage power cables). So far, Far East Cable has been the cable company expanding market in Indonesia that has obtained the most certificates among companies in domestic cable industry. Getting SNI certificate is a milestone for Smart Energy and Far East Cable.
Indonesian National Standard (SNI) certificate
Indonesian National Standard (SNI) is the only standards that apply nationally in Indonesia. From 2007 to 2010, Indonesian Ministry of Industry had issued 53 mandatory industrial standards, which included standards for electric wires. Products without SNI certification shall be banned from selling, and products in the market shall be removed off shelves. All regulated products exported to Indonesia must bear the SNI Mark. Indonesia is a growing developing country with a promising market.
Far East Cable always adheres to the mission of “creating value and serving the society” and strives to take the technological innovation as the driving force of enterprise development. Relying on national enterprises technology center, national postdoctoral workstation, academician expert workstation and other platforms, it has established industry-university-research cooperative relationship with Shanghai Electric Cable Research Institute, State Grid Electric Power Research Institute, Xi’an Jiaotong University and other scientific research institutions, and gathering resource advantages to advance research and development.
Key projects of Far East Cable
Far East Cable has served many national key projects, such as the Three Gorges Project on the Yangtze River, Shanghai Expo, Shanghai World Financial Center, Wenchang Spacecraft Launch Site in Hainan Province, Jiuquan Satellite Launch Center, Tiangong-2, Shenzhou 11, Changji-Guquan 1100kV UHVDC (ultra-high voltage direct current) transmission link, CITIC Tower (China Zun) -- the tallest building in Beijing, capital of China, as well as world-renowned Hong Kong-Zhuhai-Macao Bridge. It has been highly recognized by consumers and fully catered for their needs.
SNI certificate enables Far East Cable"s products to enter the Indonesian market, which provides more possibilities to expand the Indonesian market in the future and is also the most effective proof of the company’s product quality. At the same time, getting the certificate is also an important step for Far East Cable to respond to the Belt and Road Initiative and promote the quality of China"s products.