**Abstract** Mr. Jiang Xipei, the Chairman of Far East Holding Group Co., Ltd., is a visionary leader known for his open-mindedness and ability to attract top talents with ambitious goals. He has successfully leveraged the power of capital giants to establish four core industries in the Far East, playing a crucial role in the region’s internationalization. His journey from a failed college entrance exam to building a multi-billion-dollar enterprise is a testament to his resilience and strategic thinking. **Business Online**: A college dropout who started from scratch, Mr. Jiang built Far East Holdings into a major business group. With a small stroke, he transformed a modest cable factory into the leading brand in China's cable industry. He opened his mind broadly, capturing global talent and uniting many individuals with lofty aspirations. By mobilizing capital giants, he created four core industries in the Far East, paving the way for the company’s international growth. Mr. Jiang Xipei is not only a successful businessman but also a symbol of innovation and determination. ![Cable King Jiang Xipei](http://i.bosscdn.com/blog/20/08/42/411214702.jpg) **Earn the First Pot of Gold by Repairing Watches** **Business Online**: Please greet everyone on behalf of Jiang Dong. **Jiang Xipei**: Thank you, host, thank you! **Business Online**: We all know your business journey has been full of challenges. I heard that your first pot of gold came from repairing watches. Can you briefly share this story? **Jiang Xipei**: In the early 1980s, after failing the college entrance exam, my parents wanted me to retake it. But I chose to start working. I followed my older brother to Hangzhou to repair clocks, aiming to earn 50,000 yuan. I believed that once I achieved this goal, I could build two houses and save the rest in the bank, living off the interest. However, within less than a year, I earned the 50,000 yuan, which sparked my confidence and entrepreneurial ambition. **Business Online**: After that, did you become an entrepreneur? **Jiang Xipei**: Yes. In 1986, I started my own business in the watch industry, establishing an instrument factory that produced parts for larger clock and watch factories. Unfortunately, one year later, due to poor management, the company lost over 1 million yuan. My first venture failed. **Business Online**: How did you turn that loss into profit? **Jiang Xipei**: At that time, my brother working at a cable plant gave me valuable information: there was high demand for cables in Shanghai and Jiangsu, with rising prices. I borrowed 100,000 yuan from a friend and set up a distribution department in Yixing to enter the cable business. **Business Online**: It seems like a single piece of information led to a breakthrough. **Jiang Xipei**: Yes, it was a turning point. In 1990, I established “Fandao Electric Plastic Factory,” a family-owned company with registered capital of 1.8 million yuan. This became the predecessor of Far East Group. **Business Online**: As a private enterprise with over 10 billion yuan in annual sales, some say you are a billionaire who changed the system. What do you think? **Jiang Xipei**: After four restructurings, Far East evolved from the Wenzhou model to a joint-stock company and eventually to a private holding group. It no longer resembles the small company that nearly failed due to 200,000 yuan in debt. Now, we're a large group with a listed company. The fifth restructuring is currently underway, incorporating more elements like capital and technological innovation. **Business Online**: Can you explain the four restructurings? **Jiang Xipei**: Initially, Far East was a private company. To adapt to market laws, we restructured into a township-owned enterprise in 1992, accepting a "red hat" to gain better development opportunities and attract talent. In 1995, we transitioned to a joint-stock company to address unclear property rights. By 1997, we partnered with state-owned enterprises like China Huaneng Group, forming a mixed economy that allowed us to grow on a higher platform. In 2002, we repurchased state and collective shares, restructuring again to improve governance and establish a new Far East Group. **Business Online**: So after 12 years, Far East returned to being a private enterprise? **Jiang Xipei**: Yes. Through these four restructurings, we found a way to stimulate growth and align with market development. Far East now enjoys rapid development. **First Investment in Suntech in Wuxi** **Business Online**: Far East is now the top in China's cable industry, with nine consecutive years of production and sales leadership. Its revenue exceeds 10 billion. Now, let's discuss investments. **Jiang Xipei**: I have always had an interest in investing. As Far East grew, I explored investment opportunities. **Business Online**: You invested in Mysee, a P2P video site, and later in Suntech. Was that your first investment? **Jiang Xipei**: No. My first investment was in Suntech, the first private company to list on the NYSE. In 2001, Dr. Shi Zhengrong brought his technology to Wuxi. I joined the investment, and together we raised six million U.S. dollars to form Suntech, which became the first private company to list on the NYSE. **Business Online**: Why did you invest in the Internet sector? **Jiang Xipei**: I believe the Internet has changed the world and is a promising industry. I met Gao Burning, a young entrepreneur with great vision. I invested 4 million yuan in Mysee and other projects. **Business Online**: How do you compare traditional industries like cables with the Internet? **Jiang Xipei**: The Internet is a new economy compared to manufacturing. While I may not be an expert in the Internet, I believe in its potential. Our cable business has grown rapidly, and we aim to become the largest and best cable company in the world within five to ten years. **Enterprise Development Model: Main Business + Fund** **Business Online**: Many entrepreneurs feel the Internet makes more money. Do you think more people are investing in the Internet? **Jiang Xipei**: It depends on the industry’s profitability and success rate. Emerging industries can offer significant rewards. However, diversification requires careful planning. The main business + fund model allows companies to invest in various sectors while maintaining focus on their core operations. **Business Online**: You’ve established the Shihua United Fund. Can you tell us about it? **Jiang Xipei**: The Shihua United Fund was initiated based on the Soviet Union Alliance, involving six Jiangsu enterprises. It is managed by China Merchants Fund Management, focusing on technology-based companies and IPOs. **Business Online**: Have you invested in any specific projects? **Jiang Xipei**: Yes. We’ve invested in several tech startups and companies with strong growth potential. These investments complement our core business and support long-term development. **Entrepreneurial Experience: Tips for Success** **Business Online**: What do you consider the most important lessons from your entrepreneurial journey? **Jiang Xipei**: Dreams, passion, intelligence, hard work, sincerity, and the ability to innovate and adapt are key. Without these, success is unlikely. **Business Online**: Any advice for aspiring entrepreneurs? **Jiang Xipei**: Focus on the market, technology, and management. Understand your customers, develop competitive products, and build a strong team. These are essential for long-term success. **Investment Advice: Industry Selection is Key** **Business Online**: As an angel investor, what advice do you have for private investors? **Jiang Xipei**: Choose industries with growth potential. Build strong partnerships and invest wisely. Diversify strategically, but stay focused on your main business. **Far East: Leading the Cable Industry** **Business Online**: How close is Far East to becoming the number one in the global cable industry? **Jiang Xipei**: We aim to achieve this within five to ten years. Over 16 years, Far East has grown from 28 employees and 1.8 million yuan to a company with over 10 billion yuan in revenue and 4,200 employees. **A Company with More Than 2,000 Disabled Employees** **Business Online**: You founded the Far East Charitable Foundation to support people with disabilities. Can you share more? **Jiang Xipei**: We believe in social responsibility. We employ over 2,000 disabled workers and ensure they receive fair wages. Helping others is as important as running a successful business. **Conclusion** **Business Online**: Thank you, Mr. Jiang, for sharing your inspiring story. We wish Far East continues to lead the global cable industry. Thank you all!

Sandwich Stacking Pressure Filter

SDDFZ filter housings are designed in accordance with international regulations. They consist of a filter head with a screw-in filter bowl. Standard equipment:

-Service access on the right

-Without clogging indicator.



DFZ filter Symbol.



Filter Element

Filter elements are validated and their quality is constantly monitored according to the following standard:

ISO 2941

ISO 2942

ISO 2943

ISO 3724

ISO 3723

ISO 3968

ISO 16889

Filter elements are available with the following pressure stability values

BH/HC: 210bar

Stainless steel fiber(V) 210bar

Compatibility with hydraulic fluids ISO 2943

-Hydraulic oils H to HLPD DIN 51524

-Lubrication oils DIN 51517, APJ, ACEA, DIN 51515, ISO 6743

-Biodegradable operating fluids VDMA 24568, HETG, HEES, HEPG

Seals

NBR or FPM

Special Models and Accessories

-On request


General

Mounting

Pressure Filter for sandwich stacking

Temperature range

-10℃~ +100℃

Setting pressure of clogging indicator

△Pa=8 bar±10%



DFZ mode code

DFZ dimension

Paver Filter,Filtration Filter,Sandwich Stacking Pressure Filter,Sandwich Stacking Pressure Filtration

Xinxiang Shengda Filtration Technique Co., Ltd. , https://www.shengdafiltration.com