远东股份：做电力能源百年企业

Core Viewpoint - Far East Holdings has evolved from a small factory into a global leader in the cable industry, with a focus on expanding its core businesses in smart cables, smart batteries, and smart airports, aiming for a balanced revenue distribution between these sectors in the future [5][6][8] Group 1: Company Growth and Financial Performance - In the first half of the year, Far East Holdings achieved a revenue of 12.976 billion yuan, a year-on-year increase of 14.38%, and a net profit attributable to shareholders of 144 million yuan, up 210.60% [5] - The company has expanded its operations significantly, now encompassing multiple factories and a diverse product range, with a strong presence in over 170 countries and regions [5][6] Group 2: Business Diversification and Strategic Initiatives - Far East Holdings has established three core business segments: smart cables, smart batteries, and smart airports, with the cable business currently accounting for 85% of total revenue and the new energy business 15% [6][7] - The company entered the battery sector in 2015 and has since made significant progress, moving towards profitability and focusing on innovation and market adaptation [7] - Recent projects include winning bids for key airport projects, enhancing its position in high-end airport construction, and developing proprietary management platforms for airport operations [6][8] Group 3: Future Outlook and Global Expansion - The company aims to achieve a balanced revenue split between its cable and new energy businesses, targeting a 50-50 distribution in the future [6] - Far East Holdings is pursuing globalization as a key strategic direction, with plans to increase overseas revenue to 20% within the next five years, having already established bases in Indonesia and the Middle East [8]