Securities Times News: On November 1, Far East Co., Ltd. (600869) released an announcement stating that in October 2023, the company’s subsidiaries secured signed and awarded contracts worth over RMB 10 million totaling RMB 2.283 billion, up 108.48% year-on-year and 18.41% month-on-month. From January to October, cumulative signed and awarded contracts above RMB 10 million reached RMB 20.476 billion, a year-on-year increase of 11.84%.
For the intelligent cable network business, cumulative contracts over RMB 10 million from Jan to Oct hit RMB 18.536 billion (+13.53% YoY), of which October’s volume stood at RMB 1.568 billion (+154.94% YoY).
