Core Viewpoint - Far East Holdings Group Co., Ltd. holds approximately 1.058 billion shares of Far East Smart Energy Co., Ltd., accounting for 47.69% of the total share capital [1] Group 1: Shareholding and Pledge Information - Far East Holdings has pledged approximately 861 million shares, representing 81.32% of its holdings [1] - Together with its concerted actions, Far East Holdings and its affiliates hold about 1.066 billion shares, which is 48.03% of the total share capital [1] - The total pledged shares by Far East Holdings and its affiliates amount to approximately 861 million, accounting for 80.75% of their holdings [1] Group 2: Revenue Composition - For the year 2024, the revenue composition of Far East Smart Energy is as follows: - Green building cables: 28.13% - Intelligent manufacturing cables: 27.86% - Smart grid cables: 19.43% - Smart airport: 6.36% - Clean energy cables: 5.3% [1] Group 3: Market Capitalization - As of the report, the market capitalization of Far East Smart Energy is 17.2 billion yuan [1]

Group 1 - Company Far East Holdings (SH 600869) announced a total guarantee amount of approximately 10.666 billion yuan, with an actual guarantee balance of about 7.529 billion yuan, representing 249.47% and 176.1% of the company's audited net assets attributable to shareholders for 2024 [1] - The company provided guarantees totaling approximately 10.541 billion yuan to its wholly-owned or controlled subsidiaries, with an actual balance of about 7.404 billion yuan, accounting for 246.53% and 173.16% of the audited net assets for 2024 [1] - The company has no overdue guarantees and does not provide guarantees for its controlling shareholders or actual controllers and their related parties [1] Group 2 - For the year 2024, the revenue composition of Far East Holdings includes: 28.13% from green building cables, 27.86% from smart manufacturing cables, 19.43% from smart grid cables, 6.36% from smart airports, and 5.3% from clean energy cables [1] - As of the report date, the market capitalization of Far East Holdings is 17.5 billion yuan [1] Group 3 - The Chinese industry is experiencing a surge, with overseas orders increasing by 246%, covering over 50 countries and regions [2] - Entrepreneurs have warned of potential issues as some are selling at a loss, raising concerns about vicious competition extending overseas [2]

Group 1 - The core point of the article is that Far East Holdings (SH 600869) held its 23rd meeting of the 10th Board of Directors on October 13, 2025, via telecommunication, where it reviewed the proposal regarding external guarantees [1] - For the year 2024, the revenue composition of Far East Holdings is as follows: green building cables account for 28.13%, smart manufacturing cables for 27.86%, smart grid cables for 19.43%, smart airport for 6.36%, and clean energy cables for 5.3% [1] - As of the report, the market capitalization of Far East Holdings is 18.4 billion yuan [1]

Core Viewpoint - Far East Holdings (600869.SH) announced that it has secured contracts worth a total of RMB 176,893.60 million, which will positively impact the company's future operating performance [1] Group 1: Contract Details - The company received contracts exceeding RMB 10 million from its subsidiary, with a significant portion coming from the State Grid Corporation's smart grid cable project amounting to RMB 7,036.47 million [1] - Other strategic clients include projects related to green building cables and smart manufacturing cables, contributing to a total contract value of RMB 169,857.13 million [1]

Group 1 - The revenue composition of Far East Holdings for the year 2024 is as follows: Green building cables account for 28.13%, smart manufacturing cables for 27.86%, smart grid cables for 19.43%, smart airport cables for 6.36%, and clean energy cables for 5.3% [1] Group 2 - As of August 11, the total guarantee amount of Far East Holdings is approximately 10.803 billion yuan, with an actual guarantee balance of about 7.528 billion yuan, representing 252.67% and 176.07% of the company's audited net assets attributable to shareholders for 2024, respectively [3] - The total guarantee amount for wholly-owned or controlled subsidiaries is about 10.678 billion yuan, with an actual guarantee balance of 7.402 billion yuan, accounting for 249.74% and 173.14% of the company's audited net assets attributable to shareholders for 2024, respectively [3] - The company has provided guarantees to other companies totaling approximately 125 million yuan, with an actual guarantee balance of 125 million yuan, representing 2.93% of the company's audited net assets attributable to shareholders for 2024 [3] - There are no overdue guarantees, and the company does not provide guarantees for controlling shareholders, actual controllers, or their related parties [3]

Company Summary - Far East Holdings (SH 600869) announced on August 1 that as of July 31, 2025, it has repurchased a total of 19.45 million shares, accounting for 0.88% of the company's total share capital [1] - The highest price for the repurchased shares was 5.65 CNY per share, while the lowest was 4.21 CNY per share, with a total expenditure of approximately 102 million CNY [1] Revenue Composition - For the year 2024, the revenue composition of Far East Holdings is as follows: - Green building cables: 28.13% - Intelligent manufacturing cables: 27.86% - Smart grid cables: 19.43% - Smart airport: 6.36% - Clean energy cables: 5.3% [1]

远东股份公告，2025年7月份，公司收到子公司中标/签约千万元以上合同订单合计为人民币28.14亿 元。具体包括国家和地方电网项目，以及其他战略客户，如智能制造线缆、绿色建筑线缆、智能电网线 缆等。其中，储能系统合同金额为5.66亿元，锂电池合同金额为1554万元，锂电铜箔合同金额为1817.37 万元，智慧机场项目合同金额分别为3878.74万元、2023.6万元和1186万元。 ...

Group 1 - Far East Smart Energy Co., Ltd. (Far East) announced a total contract order amount of 2.646 billion yuan for April 2025, including a smart grid cable contract worth 138 million yuan from State Grid Corporation [1] - In Q1 2025, Far East achieved operating revenue of 4.874 billion yuan, a year-on-year increase of 1.3%, and a net profit attributable to shareholders of 46 million yuan, up 84.65% year-on-year [1] - The company aims to drive growth through innovation, focusing on smart cable networks, smart batteries, and smart airport sectors, with the new contracts expected to positively impact future performance [1] Group 2 - National grid investment in China reached 608.3 billion yuan in 2024, a year-on-year increase of 15.3%, with expectations for 2025 to exceed 650 billion yuan [2] - Other cable companies, such as Ningbo Orient Cable and Wanma Co., also reported significant contract wins, indicating a broader trend in the industry [2][3] - The core drivers of grid investment in 2025 include national policy support, the push towards carbon neutrality, and technological innovations in smart grids and high-voltage transmission [3] Group 3 - The cable industry is facing pressure, with 11 out of 38 listed companies reporting net profits below 10 million yuan in Q1 2025, indicating a need for transformation [4] - Traditional cable manufacturers are accelerating their smart transformation, while emerging tech companies are entering the smart cable integration and solution space [4] - Far East plans to focus on smart cable networks, smart batteries/storage, and smart airports, aiming for approximately 30 billion yuan in revenue and 600 million yuan in net profit in 2025 [4] Group 4 - The rapid development of artificial intelligence and robotics is creating new growth opportunities for the cable industry, particularly in high-performance specialty cables [5] - Companies with core technology barriers in ultra-high voltage and smart cables, specialized firms focusing on high-end product development, and globally competitive leaders are expected to gain market advantages [5]

Core Viewpoint - Far East Holdings (600869) announced that in April 2025, the company received contracts worth a total of RMB 2.646 billion from its subsidiaries, indicating strong business growth and demand for its products [1] Group 1: Contract Details - The company’s subsidiary, Far East Cable Co., Ltd., won a contract for the State Grid Corporation of China’s smart grid cable project, valued at RMB 138 million [1] - Other strategic clients include cities such as Shenzhen, Urumqi, Wenzhou, Ezhou, and Shanghai, with contract amounts ranging from RMB 50 million to RMB 100 million, covering products like green building cables, smart manufacturing cables, and clean energy cables [1]