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Far East Smarter Energy Co., Ltd.'s (SHSE:600869) Market Cap Dropped CN¥1.0b Last Week; Private Companies Bore the Brunt
Far East Smarter Energy (600869.SH): In December, received contract orders of approximately 1.4 billion yuan from subsidiary bids.
Gelonghui, January 2 - Far East Smarter Energy (600869.SH) announced that in December 2024, the company received contract Orders from its subsidiaries totaling 1399.3647 million RMB for contracts over ten million.
Far East Smarter Energy (SHSE:600869) Adds CN¥488m to Market Cap in the Past 7 Days, Though Investors From Three Years Ago Are Still Down 27%
Far East Smarter Energy (SHSE:600869) Has Some Difficulty Using Its Capital Effectively
far east smarter energy (600869.SH): has completed the technical research and development of optical-electric composite submarine cable systems and soft joints for 35kV, 66kV, 220kV, and 330kV AC power transmission.
Gelonghui November 7th | far east smarter energy (600869.SH) stated on the investor interaction platform that the company is focusing on promoting the construction of the far east Nantong Marine Cable Smart Lighthouse Factory, marine service capacity building, and the series of high-end marine cable product technology research and development. The main factory building, equipment foundation, power supply and distribution system, and other related work have been completed, and equipment installation debugging production is in progress. The pier has been completed, and production and delivery are expected to start before the end of the year. The technical research and development of optical-electrical composite marine cable systems and soft joints for 35kV, 66kV, 220kV, and 330kV AC has been completed. Also, the technical research and development of 66kV and 110kV wind power torsion-resistant cables and wind-solar hybrids.
Far East Smarter Energy (600869.SH): In October, a subsidiary won a contract order worth 1.448 billion yuan.
On November 1, Gelon Hui reported that far east smarter energy (600869.SH) announced that in October 2024, the company received a total of RMB 1447.6745 million in contract orders exceeding tens of millions of yuan, of which submarine cable was 28.5236 million yuan.
Far East Smarter Energy's (SHSE:600869) Returns On Capital Are Heading Higher
