Group 1 - The company, Far East Holdings (600869), expects a net profit attributable to shareholders of 120 million to 200 million yuan for the first half of 2025, representing a growth of 192.49% to 254.14% [1] - In the smart cable network sector, the company is increasing its market share and making breakthroughs in AI, robotics, nuclear power, and submarine cable fields, with contract orders exceeding 1 million yuan reaching 12.566 billion yuan, a year-on-year increase of 20.68% [1] - The company has become the only domestic enterprise to meet the requirements for the "Hualong One" nuclear power project and has applied its cables to over 30 nuclear power units domestically and internationally [1] Group 2 - In the smart battery sector, the company focuses on high-end products, expands overseas, and accelerates loss reduction, with contract orders exceeding 1 million yuan amounting to 972 million yuan [2] - The energy storage segment continues to grow, with the company being listed in the "Top 10 Energy Storage Battery Systems" [2] - In the smart airport sector, the company has secured contract orders exceeding 1 million yuan totaling 1.815 billion yuan, participating in several international airport projects [2]

[Announcement Overview](index=1&type=section&id=%E5%85%AC%E5%91%8A%E6%A6%82%E8%A7%88) The company anticipates a return to profitability in H1 2025, with net profit for shareholders projected at **120-200 million RMB** [Key Highlights](index=1&type=section&id=%E9%87%8D%E8%A6%81%E5%86%85%E5%AE%B9%E6%8F%90%E7%A4%BA) Far East Smart Energy projects a turnaround to profit for H1 2025, with net profit attributable to shareholders expected between **120-200 million RMB** - The company expects to achieve a **turnaround to profit** in net profit attributable to parent company shareholders for H1 2025[4](index=4&type=chunk) Key Performance Indicators for H1 2025 Earnings Forecast | Indicator | Projected Amount (million RMB) | | :--- | :--- | | Net Profit Attributable to Parent Company Shareholders | 120 - 200 | | Net Profit Attributable to Parent Company Shareholders After Non-Recurring Items | 100 - 180 | [Details of H1 2025 Earnings Forecast](index=1&type=section&id=%E4%B8%80%E3%80%81%E6%9C%AC%E6%9C%9F%E4%B8%9A%E7%BB%A9%E9%A2%84%E5%91%8A%E6%83%85%E5%86%B5) This section details the H1 2025 earnings forecast period, preliminary financial estimates, and its unaudited status [Earnings Forecast Period](index=1&type=section&id=%EF%BC%88%E4%B8%80%EF%BC%89%E4%B8%9A%E7%BB%A9%E9%A2%84%E5%91%8A%E6%9C%9F%E9%97%B4) The earnings forecast covers the period from January 1, 2025, to June 30, 2025 - The earnings forecast period is from January 1, 2025, to June 30, 2025[5](index=5&type=chunk) [Earnings Forecast Details](index=1&type=section&id=%EF%BC%88%E4%BA%8C%EF%BC%89%E4%B8%9A%E7%BB%A9%E9%A2%84%E5%91%8A%E6%83%85%E5%86%B5) Preliminary calculations project H1 2025 net profit attributable to shareholders between **120-200 million RMB**, marking a turnaround to profit H1 2025 Earnings Forecast (Preliminary Calculation) | Indicator | Projected Amount (million RMB) | Year-on-Year Change | | :--- | :--- | :--- | | Net Profit Attributable to Parent Company Shareholders | 120 - 200 | Turnaround to Profit | | Net Profit Attributable to Parent Company Shareholders After Non-Recurring Items | 100 - 180 | - | [Audit Status Explanation](index=1&type=section&id=%EF%BC%88%E4%B8%89%EF%BC%89%E6%9C%AC%E6%9C%9F%E4%B8%9A%E7%BB%A9%E9%A2%84%E5%91%8A%E6%9C%AA%E7%BB%8F%E6%B3%A8%E5%86%8C%E4%BC%9A%E8%AE%A1%E5%B8%88%E5%AE%A1%E8%AE%A1) The earnings forecast data for this period has not been audited by a certified public accountant - This earnings forecast has not been audited by a certified public accountant[5](index=5&type=chunk) [Review of Prior Period Operating Performance](index=1&type=section&id=%E4%BA%8C%E3%80%81%E4%B8%8A%E5%B9%B4%E5%90%8C%E6%9C%9F%E7%BB%8F%E8%90%A5%E4%B8%9A%E7%BB%A9%E5%92%8C%E8%B4%A2%E5%8A%A1%E7%8A%B6%E5%86%B5) This section reviews the company's H1 2024 key financial performance, highlighting a loss-making situation [Key Financial Indicators](index=1&type=section&id=%EF%BC%88%E4%B8%80%EF%BC%89%E5%88%A9%E6%B6%A6%E6%80%BB%E9%A2%9D%EF%BC%9A-16%2C749.29%20%E4%B8%87%E5%85%83%E3%80%82%E5%BD%92%E5%B1%9E%E4%BA%8E%E6%AF%8D%E5%85%AC%E5%8F%B8%E6%89%80%E6%9C%89%E8%80%85%E7%9A%84%E5%87%80%E5%88%A9%E6%B6%A6%EF%BC%9A-12%2C974.92%20%E4%B8%87%E5%85%83%E3%80%82%E5%BD%92%E5%B1%9E%E4%BA%8E%E6%AF%8D%E5%85%AC%E5%8F%B8%E6%89%80%E6%9C%89%E8%80%85%E7%9A%84%E6%89%A3%E9%99%A4%E9%9D%9E%E7%BB%8F%E5%B8%B8%E6%80%A7%E6%8D%9F%E7%9B%8A%E7%9A%84%E5%87%80%E5%88%A9%E6%B6%A6%EF%BC%9A-13%2C461.32%20%E4%B8%87%E5%85%83%E3%80%82) In H1 2024, the company reported a loss across key financial metrics, including total profit and net profit attributable to shareholders H1 2024 Key Financial Data | Indicator | Amount (million RMB) | | :--- | :--- | | Total Profit | -167.49 | | Net Profit Attributable to Parent Company Shareholders | -129.75 | | Net Profit Attributable to Parent Company Shareholders After Non-Recurring Items | -134.61 | | Earnings Per Share (RMB) | -0.0585 | [Primary Reasons for Turnaround to Profit](index=2&type=section&id=%E4%B8%89%E3%80%81%E6%9C%AC%E6%9C%9F%E4%B8%9A%E7%BB%A9%E9%A2%84%E7%9B%88%E7%9A%84%E4%B8%BB%E8%A6%81%E5%8E%9F%E5%9B%A0) The company's projected turnaround to profit is driven by improved performance in its smart cable network, smart battery, and smart airport businesses [Smart Cable Network Business](index=2&type=section&id=1%E3%80%81%E6%99%BA%E8%83%BD%E7%BC%86%E7%BD%91%EF%BC%9A%E8%90%A5%E6%94%B6%E8%A7%84%E6%A8%A1%E5%92%8C%E5%88%A9%E6%B6%A6%E6%8C%81%E7%BB%AD%E6%8F%90%E5%8D%87%EF%BC%8C%E5%8F%97%E7%9B%8A%E4%BA%8E%E5%85%AC%E5%8F%B8%E6%8C%81%E7%BB%AD%E8%81%9A%E7%84%A6%E6%88%98%E7%95%A5%E5%AE%A2%E6%88%B7%E3%80%81%E4%BC%98%E5%8C%96%E4%BA%A7%E5%93%81%E7%BB%93%E6%9E%84%2F%E6%9C%8D%E5%8A%A1%E5%8F%8A%E5%95%86%E4%B8%9A%E6%A8%A1%E5%BC%8F%E3%80%81%E5%8A%A0%E5%BC%BA%E6%88%90%E6%9C%AC%E7%AE%A1%E6%8E%A7%E3%80%81%E4%BC%98%E5%91%98%E5%A2%9E%E6%95%88%E3%80%81%E9%99%8D%E6%9C%AC%E5%A2%9E%E6%95%88%E3%80%82) The smart cable network business saw continuous revenue and profit growth, driven by strategic customer focus, optimized products, and enhanced efficiency - **Revenue scale and profit continuously increased**[7](index=7&type=chunk) - Benefited from continuous focus on strategic clients, optimization of product structure/services and business models, strengthened cost control, improved staffing efficiency, and cost reduction initiatives[7](index=7&type=chunk) [Smart Battery Business](index=2&type=section&id=2%E3%80%81%E6%99%BA%E8%83%BD%E7%94%B5%E6%B1%A0%EF%BC%9A%E8%90%A5%E6%94%B6%E8%A7%84%E6%A8%A1%E6%8C%81%E7%BB%AD%E6%8F%90%E5%8D%87%E3%80%81%E5%88%A9%E6%B6%A6%E6%8C%81%E7%BB%AD%E5%A4%A7%E5%B9%85%E5%87%8F%E4%BA%8F%EF%BC%8C%E5%8F%97%E7%9B%8A%E4%BA%8E%E6%88%98%E7%95%A5%E5%AE%A2%E6%88%B7%E5%90%88%E4%BD%9C%E6%8C%81%E7%BB%AD%E5%8A%A0%E5%BC%BA%E3%80%81%E4%BA%A7%E8%83%BD%E5%88%A9%E7%94%A8%E7%8E%87%E5%A4%A7%E5%B9%85%E6%8F%90%E5%8D%87%E3%80%81%E6%88%B7%E5%82%A8%2F%E5%B7%A5%E5%95%86%E5%82%A8%2F%E6%BA%90%E7%BD%91%E4%BE%A7%E7%AD%89%E5%82%A8%E8%83%BD%E9%A1%B9%E7%9B%AE%E6%8C%81%E7%BB%AD%E8%90%BD%E5%9C%B0%E3%80%81%E4%BC%98%E5%8C%96%E4%BA%A7%E5%93%81%E7%BB%93%E6%9E%84%2F%E6%9C%8D%E5%8A%A1%E5%8F%8A%E5%95%86%E4%B8%9A%E6%A8%A1%E5%BC%8F%E3%80%81%E5%8A%A0%E5%BC%BA%E6%88%90%E6%9C%AC%E7%AE%A1%E6%8E%A7%E3%80%81%E4%BC%98%E5%91%98%E5%A2%9E%E6%95%88%E3%80%81%E9%99%8D%E6%9C%AC%E5%A2%9E%E6%95%88%E3%80%82) The smart battery business achieved continuous revenue growth and significant loss reduction, driven by strategic client collaboration, increased capacity utilization, and project deployment - **Revenue scale continuously increased, and losses significantly reduced**[7](index=7&type=chunk) - Benefited from continuously strengthened strategic client cooperation, significantly increased capacity utilization, and ongoing implementation of residential, commercial, and grid-side energy storage projects[7](index=7&type=chunk) - Achieved through optimizing product structure/services and business models, strengthening cost control, improving staffing efficiency, and implementing cost reduction initiatives[7](index=7&type=chunk) [Smart Airport Business](index=2&type=section&id=3%E3%80%81%E6%99%BA%E6%85%A7%E6%9C%BA%E5%9C%BA%EF%BC%9A%E8%90%A5%E6%94%B6%E8%A7%84%E6%A8%A1%E5%92%8C%E5%88%A9%E6%B6%A6%E6%8C%81%E7%BB%AD%E6%8F%90%E5%8D%87%EF%BC%8C%E5%8F%97%E7%9B%8A%E4%BA%8E%E8%AE%A2%E5%8D%95%E5%90%8C%E6%AF%94%E5%A4%A7%E5%B9%85%E5%A2%9E%E9%95%BF%E5%B9%B6%E5%BF%AB%E9%80%9F%E4%BA%A4%E4%BB%98%E3%80%81%E5%BC%BA%E5%8C%96%E9%A1%B9%E7%B2%BE%E7%9B%8A%E7%AE%A1%E7%90%86%E3%80%81%E9%99%8D%E6%9C%AC%E5%A2%9E%E6%95%88%E3%80%82) The smart airport business achieved continuous revenue and profit growth, driven by increased orders, rapid delivery, and lean project management - **Revenue scale and profit continuously increased**[7](index=7&type=chunk) - Benefited from a substantial year-on-year increase in orders and rapid delivery, strengthened lean project management, and cost reduction initiatives[7](index=7&type=chunk) [Risk Warning](index=2&type=section&id=%E5%9B%9B%E3%80%81%E9%A3%8E%E9%99%A9%E6%8F%90%E7%A4%BA) This section addresses potential risks related to the accuracy of the earnings forecast [Accuracy Risk of Earnings Forecast](index=2&type=section&id=%E5%85%AC%E5%8F%B8%E4%B8%8D%E5%AD%98%E5%9C%A8%E5%8F%AF%E8%83%BD%E5%BD%B1%E5%93%8D%E6%9C%AC%E6%AC%A1%E4%B8%9A%E7%BB%A9%E9%A2%84%E5%91%8A%E5%86%85%E5%AE%B9%E5%87%86%E7%A1%AE%E6%80%A7%E7%9A%84%E9%87%8D%E5%A4%A7%E4%B8%8D%E7%A1%AE%E5%AE%9A%E5%9B%A0%E7%B4%A0%E3%80%82) The company asserts no significant uncertainties exist that could impact the accuracy of this earnings forecast - The company confirms no significant uncertainties exist that could affect the accuracy of this earnings forecast[8](index=8&type=chunk) [Other Explanatory Matters](index=2&type=section&id=%E4%BA%94%E3%80%81%E5%85%B6%E4%BB%96%E8%AF%B4%E6%98%8E%E4%BA%8B%E9%A1%B9) This section provides disclaimers on the preliminary nature of forecast data and advises investors on associated risks [Important Notice and Disclaimer](index=2&type=section&id=%E4%BB%A5%E4%B8%8A%E9%A2%84%E5%91%8A%E6%95%B0%E6%8D%AE%E4%BB%85%E4%B8%BA%E5%88%9D%E6%AD%A5%E6%A0%B8%E7%AE%97%E6%95%B0%E6%8D%AE%EF%BC%8C%E5%85%B7%E4%BD%93%E5%87%86%E7%A1%AE%E7%9A%84%E8%B4%A2%E5%8A%A1%E6%95%B0%E6%8D%AE%E4%BB%A5%E5%85%AC%E5%8F%B8%E6%AD%A3%E5%BC%8F%E6%8A%AB%E9%9C%B2%E7%9A%842025%E5%B9%B4%E5%8D%8A%E5%B9%B4%E6%8A%A5%E4%B8%BA%E5%87%86%E3%80%82%E6%95%AC%E8%AF%B7%E5%B9%BF%E5%A4%A7%E6%8A%95%E8%B5%84%E8%80%85%E6%B3%A8%E6%84%8F%E6%8A%95%E8%B5%84%E9%99%A9%E3%80%82) Forecast data is preliminary; final figures will be in the H1 2025 semi-annual report, and investors should note investment risks - The forecast data is preliminary, and final financial figures will be based on the 2025 semi-annual report[9](index=9&type=chunk) - Investors are advised to be aware of investment risks[9](index=9&type=chunk)

远东股份：预计2025年半年度实现归属于母公司所有者的净利润为1.2亿元到2亿元，与上年同期相比， 实现扭亏为盈。 ...

远东股份（600869）公告，预计2025年半年度实现归属于母公司所有者的净利润为1.2亿元到2亿元，与 上年同期相比，实现扭亏为盈。预计2025年半年度实现归属于母公司所有者的扣除非经常性损益后的净 利润为1亿元到1.8亿元。 ...

关于向金融机构申请股票回购贷款及贷款承诺的议案 证券代码：600869 股票简称：远东股份 编号：临 2025-062 远东智慧能源股份有限公司 第十届董事会第二十次会议决议公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重 大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 一、董事会会议召开情况 远东智慧能源股份有限公司（以下简称"公司"）第十届董事会第二十次会议于 2025 年 7 月 3 日以通讯方式召开。本次会议应参加董事 9 人，实际参加董事 9 人（蒋锡培、 蒋华君、陈静、章小刚、蒋承宏、万俊、赵健康、张世超、沈永建）。会议由董事长蒋锡 培先生主持。会议的召集、召开符合《公司法》、《公司章程》、《董事会议事规则》的规 定。 二、董事会会议审议情况 为积极响应国家号召，公司向交通银行股份有限公司无锡分行申请股票回购贷款及 贷款承诺，贷款期限不超过 3 年，金额不超过人民币 1.5 亿元。最终金额、期限等以银 行实际审批为准。 上述贷款业务及与之配套的相关事项，在不超过上述申请贷款期限及金额的前提下， 无需再逐项提请董事会审批，公司董事会授权公司法定代表人或法定代表 ...

Core Viewpoint - Far East Holdings (600869.SH) has secured significant contracts totaling 2.593 billion yuan, indicating strong market competitiveness and potential for future business expansion [1] Group 1: Contract Orders and Financial Performance - In June 2025, Far East Holdings' subsidiary received contracts exceeding 10 million yuan, amounting to 2.593 billion yuan, primarily from national and local power grids and strategic clients [1] - For the year 2024, the company reported contracts exceeding 10 million yuan totaling 24.593 billion yuan, with intelligent cable network orders at 19.506 billion yuan and intelligent battery orders at 2.507 billion yuan, showing a year-on-year growth of 411.41% [1] - In Q1 2025, the company achieved revenue of 4.874 billion yuan, a year-on-year increase of 1.3%, and a net profit of 45.93 million yuan, up 84.6% [2] Group 2: Business Segments and R&D Investment - The intelligent cable network segment generated revenue of 4.207 billion yuan in Q1 2025, with a net profit of 121 million yuan [2] - The intelligent battery segment saw revenue of 329 million yuan in Q1 2025, reflecting a year-on-year growth of 93.64%, although it still reported a net loss of 107 million yuan [2] - From 2020 to 2024, the company invested a total of 2.954 billion yuan in R&D, with a focus on cutting-edge technologies such as all-solid-state batteries and sodium-ion batteries [3]

Core Viewpoint - The article highlights the upcoming 2025 Fifth Start Point Two-Wheeled Vehicle Battery Swap Conference and Lightweight Power Battery Technology Summit, emphasizing the growth and innovation in the battery and energy storage sectors, particularly focusing on Far East Holdings' recent project wins and product advancements [2][3]. Group 1: Event Details - The event theme is "Battery Swap City, Smart Two-Wheelers," scheduled for July 11, 2025, at the Shenzhen Baoan Dingshilou International Hotel [2]. - The event is organized by Start Point Lithium Battery, Start Point Sodium Battery, Start Point Two-Wheeled Vehicles, and Battery Swap [2]. Group 2: Company Achievements - Far East Holdings has secured two lithium battery-related projects in June, with a total contract value of nearly 90 million yuan, including a storage system integration project in Shandong and a battery project in Europe [2]. - The company has consistently won projects each month in 2023, with contract values of 1.4 billion yuan in January, 1.9 billion yuan in February, 2.5 billion yuan in March, 2.6 billion yuan in April, 4.2 billion yuan in May, and 2.6 billion yuan in June, covering various sectors such as smart grid cables, green building cables, energy storage systems, lithium batteries, and smart airport projects [3]. Group 3: Product Innovations - Far East Holdings is advancing its battery technology, with solid-state battery products in the small sample development stage and semi-solid batteries ready for market promotion [4]. - The company has launched the PowerPLANT 520 PLUS energy storage cabinet, designed for efficient deployment and space-saving, featuring a dual-loop thermal management system and AI algorithms for operational safety [4]. - The upgraded PowerSTROM 7000 energy storage container has been introduced, capable of operating in extreme temperatures and featuring a modular design for quick replacement [5]. Group 4: Battery Cell Developments - The company has achieved mass production of the world's first 300Wh/kg cylindrical battery cell, the 21700-6000mAh series, aimed at the robotics sector, providing high energy density and long cycle life [6]. - The 21700-6500mAh cylindrical lithium battery cell targets light mobility, smart home, and industrial storage markets, with enhanced energy density and temperature adaptability [6]. - The 21700-5000mAh all-tab ear cell is designed for smart home, humanoid robots, electric tools, and eVTOL applications, featuring low internal resistance and high discharge rates [7]. Group 5: Certifications and Production Capacity - Far East Holdings has received multiple international safety certifications for its battery products, including CCC, UL, IEC, and UN38.3 [8]. - The company operates two production bases in Jiangxi Yichun and Jiangsu Yixing, with a total production capacity of 10GWh, supporting a diverse product matrix in energy storage and battery systems [8].

Core Viewpoint - Far East Battery has secured significant contracts in the energy storage sector, indicating strong growth and market presence in both domestic and international markets [1][3][4]. Group 1: Contract Details - In June 2025, Far East Battery announced contracts exceeding 10 million RMB, totaling 259 million RMB, with a notable project in Shandong worth 76.74 million RMB [1]. - By mid-2025, the company disclosed six major energy storage projects, amounting to approximately 428 million RMB, primarily through its subsidiaries [1][3]. - The company has achieved a total of 1.375 billion RMB in energy storage orders in 2024, reflecting a staggering year-on-year growth of 5605% [3]. Group 2: Revenue and Growth - The smart battery business of Far East Battery reported a revenue of 1.654 billion RMB in 2024, marking a year-on-year increase of 180.47% [3]. - The company has successfully delivered industrial storage projects across various provinces in China and has commenced deliveries in several European countries [4]. Group 3: Project Highlights - In February, an independent energy storage station with a capacity of 200MW/800MWh was officially connected to the grid [4]. - In May, the company launched the PowerSTROM7000 liquid-cooled energy storage container, designed for extreme low temperatures, in Europe [4].

法律意见书 上海市静安区山西北路 99 号苏河湾中心 25-28 楼 邮编：200085 国浩律师（上海）事务所 关于 远东智慧能源股份有限公司 2025 年第二次临时股东会 之 网址/Website: http://www.grandall.com.cn 2025 年 7 月 国浩律师（上海）事务所 法律意见书 国浩律师（上海）事务所 关于远东智慧能源股份有限公司 25-28/F, Suhe Centre, 99 North Shanxi Road, Jing'an District, Shanghai, China 电话/Tel: (+86)(21) 5234 1668 传真/Fax: (+86)(21) 5234 1670 2025 年第二次临时股东会 之法律意见书 致：远东智慧能源股份有限公司 本所律师按照律师行业公认的业务标准、道德规范和勤勉尽责精神，对公司 本次股东会的召集、召开程序、出席会议人员的资格、表决程序及表决结果等有 关事宜发表如下意见： 1 国浩律师（上海）事务所 法律意见书 第二节 正文 国浩律师（上海）事务所（下称"本所"）接受远东智慧能源股份有限公司 （以下简称"公司"）的委托， ...

证券代码：600869 证券简称：远东股份 公告编号：2025-061 远东智慧能源股份有限公司 2025年第二次临时股东会决议公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 本次会议是否有否决议案：无 一、 会议召开和出席情况 (三) 出席会议的普通股股东和恢复表决权的优先股股东及其持有股份情况： | 1、出席会议的股东和代理人人数 | 630 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 235,952,847 | | 3、出席会议的股东所持有表决权股份数占公司有表决权股 | 20.5239 | | 份总数的比例（%） | | (四) 表决方式是否符合《公司法》及《公司章程》的规定，大会主持情况等。 本次会议由董事长蒋锡培先生主持，表决方式符合《公司法》、《公司章程》 的规定。 二、 议案审议情况 (一) 股东会召开的时间：2025 年 7 月 2 日 (二) 股东会召开的地点：江苏省宜兴市科技大道 8 号 (五) 公司董事、监事和董事会秘书的出席情况 1、公 ...