Core Viewpoint - Far East Holdings (600869) reported significant growth in contract orders, indicating strong business performance and market demand [1] Group 1: Contract Orders Overview - In November 2025, the company received contracts exceeding 10 million RMB totaling 2.383 billion RMB, representing a year-on-year increase of 33.04% and a quarter-on-quarter increase of 124.38% [1] - From January to November, the total contracts exceeding 10 million RMB reached 25.069 billion RMB, marking an 8.09% year-on-year growth and setting a historical high [1] Group 2: Business Segment Performance - The smart cable network business secured contracts totaling 20.286 billion RMB from January to November, reflecting an 11.18% year-on-year increase; in November alone, contracts amounted to 1.663 billion RMB, up 3.52% year-on-year and 93.44% quarter-on-quarter [1] - The smart battery business achieved contracts totaling 2.545 billion RMB from January to November, with a year-on-year growth of 7.46%; November contracts reached 552 million RMB, showing a remarkable year-on-year increase of 975.06% and a quarter-on-quarter increase of 356.36% [1] - The smart airport business recorded contracts totaling 2.238 billion RMB from January to November; in November, contracts were 168 million RMB, reflecting a year-on-year increase of 26.13% and a quarter-on-quarter increase of 106.56% [1]