Securities Times Online – On November 3, Far East Co., Ltd. (Stock Code: 600869) announced that in October 2025, the company received new contracts and bid awards worth over RMB 10 million each from its subsidiaries, totaling RMB 1.062 billion.

From January to October 2025, the cumulative value of such contracts and bid awards reached RMB 22.686 billion, marking a year-on-year increase of 6% and setting a record high.

By business segment:

• Smart Cable Network: From January to October, cumulative contracts/bid awards over RMB 10 million totaled RMB 18.624 billion, up 11.92% year-on-year; in October alone, the total was RMB 859 million.

• Smart Battery: From January to October, cumulative contracts/bid awards over RMB 10 million reached RMB 1.993 billion; in October, the total was RMB 121 million.

• Smart Airport: From January to October, cumulative contracts/bid awards over RMB 10 million totaled RMB 2.07 billion; in October, the total was RMB 82 million, representing a year-on-year increase of 21.19% and a month-on-month growth of 205.82%.