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Far East Holding Group: In March, the company secured contracts worth over 1 billion RMB, totaling 2.585 billion RMB, a year-on-year increase of 12.97%

Categories:Date:2025-04-02

Securities Times Online, April 1st — Far East Holding Group (600869) announced that in March 2025, the company received a total of 2.585 billion RMB in contracts/orders of over 10 million RMB from its subsidiaries, representing a year-on-year increase of 12.97% and a month-on-month increase of 35.44%. From January to March, the company received a total of 5.92 billion RMB in contracts/orders of over 10 million RMB from its subsidiaries.

Among these, the smart cable network business received a cumulative total of 4.179 billion RMB in contracts/orders of over 10 million RMB from January to March. In March, the value of contracts/orders over 10 million RMB was 2.208 billion RMB, a year-on-year increase of 10.41% and a month-on-month increase of 162.23%. The smart battery business received a cumulative total of 535 million RMB in contracts/orders over 10 million RMB from January to March. In March, the value of contracts/orders over 10 million RMB was 336 million RMB, a year-on-year increase of 43.07% and a month-on-month increase of 1,316.47%. The smart airport business received a cumulative total of 1.206 billion RMB in contracts/orders over 10 million RMB from January to March, marking a year-on-year increase of 65.12%. In March, the value of contracts/orders over 10 million RMB was 42 million RMB.

(Reporter: Qin Sheng)