Global Cable Industry Leader, Brand Value Ranks First in Industry. This sector mainly includes Far East Cable Co., Ltd., New Far East Cable Co., Ltd., Far East Composite Technology Co., Ltd., Far East Submarine Cable Co., Ltd., Anhui Cable Co., Ltd., Far East Electric Co., Ltd., Far East Communications Co., Ltd., Far East Cable (Yibin) Co., Ltd., Far East Trading Pay Network Co., Ltd. and other subsidiaries.
Far East Cable Co., Ltd., founded in 1985, is mainly committed to the system research and development, design, manufacturing, marketing and service of all-sized and high quality products including overhead conductor, power cable, wire and cable for electrical equipment and special cable. The products are widely used in clean energy, smart grid, smart manufacturing, smart transportation, green building and etc. The production and marketing have been ranked first for many years in cable industry. Our customers are from well-known enterprises at home and abroad. We are the preferred brand for customers of the Global 500, the Chinese 500 and industry leading enterprises. We have won the “National Prize for Progress in Science and Technology”, "National Quality Award", "China Patent Excellence Award", "China Top 500 Machinery Industry" and other national honors.
Far East Cable (Yibin) Co., Ltd. is a wholly-owned subsidiary of Far East Smarter Energy Co., Ltd. (Stock Code: 600869). It covers an area of about 347 thousand m2, with a total investment of 3 billion yuan. It has advanced intelligent production and testing equipment at home and abroad, and is a wire and cable manufacturing enterprise in the forefront with comprehensive strength. The company is mainly committed to the manufacturing, marketing and service of low voltage cable, medium voltage cable, fireproof cable, pile cable, wind power cable and other cable products. After the full production, the company can achieve the annual output of smart cables for new energy vehicles and AC/DC charging pile special cables of about 220,000 kilometers each, and about 2.1 million kilometers of insulated wires.
New Far East Cable Co., Ltd. and Far East Composite Technology Co., Ltd. have won the "National Quality Benchmark Enterprise", "Jiangsu Province Demonstration Smart Workshop" and other honors, and Far East Composite Technology Co., Ltd is specialized and sophisticated enterprises that produce new and unique products.
Far East Submarine Cable Co., Ltd. was established in March 2022 with an investment of 3 billion Yuan. We build a high-end submarine cable industrial base in Yangkou Port Economic and Technological Development Zone, Rudong, Jiangsu Province. The base covers an area of 2.67 million m2, and has the production capacity of 2,000 kilometers of photoelectric composite submarine cable and special submarine cable, 6,000 kilometers of submarine optical cable, and 27,000 sets of various cable accessories and project service. The project has been successfully selected into the list of key projects in Jiangsu Province in 2023. Far East Submarine Cable Co., Ltd. will move firmly toward the goal of the industry's first lighthouse factory.
Far East Communications Co., Ltd., founded in 2018, is committed to the research and development, manufacturing and sales of G.652, G.657 and super low loss large effective area G.654 optical fiber preform, optical fiber and various types of cable products. The planned total investment of the prefabricated optical fiber cable whole industry chain project is 3.02 billion Yuan. And the planned land use is 4.53million m2. After comprehensive production, the annual output of optical fiber preform, optical fiber, optical cable, special optical fiber preform and special optical fiber will be 1500 tons, 50 million km, 50 million km, 100 tons and 3 million km accordingly.
Founded in 1991, Anhui Cable Co., Ltd. is mainly committed to the system research and development, design, manufacturing, marketing and service of all-sized and high quality products of LV&MV power cable, control cable, ship cable, special cable, cable accessories series for nuclear power plants with 1E level K1, K2, K3 and none-1E class. We are benchmarking enterprise in "Hualong One" 3rd generation nuclear cable field and China's special cable leader.
Far East Electric Co., Ltd. was established in 2021. It is another key strategy for Far East Smarter Energy to get close to consumers on the cornerstone of its industrial grade industry leader position. Far East Electric focuses on young user groups. Based on market demand, we concentrate on product research and development, production, sales and service of wires. With high safety, long life, more environmentally friendly and more energy saving high-quality products, we help to upgrade home decoration and embrace the quality of life. We are committed to making electricity safer and more intelligent, making life more convenient and better, Far East Electric knows not only electricity but also family.
In addition, Far East Cable exert all its strength to push Yibin Intelligent Industrial Park and other projects forward. Through the implementation of high-end, integration, internationalization strategy, we optimize the industrial structure, constantly improve the quality and efficiency, endeavor to build the company into an managerial advanced, technology intensive, brand outstanding domestic first-class, international well-known cable industry benchmark and moving forward towards the grand vision of becoming a "Global Cable Industry Leader".
In the first half of 2023, it realized revenue of 9.707 billion yuan, up 7.03% year-on-year, and net profit of 570 million yuan, up 26.64% year-on-year.
In the first three quarters of 2023, the company realized operating income of RMB 17.391 billion, up 9.12% year-on-year, hitting a record high in the same period; net operating cash flow of RMB 309 million, up 451.88% year-on-year, and R&D investment of RMB 516 million, up 12.48% year-on-year.
The smart cable network business realized operating revenue of NT$16.155 billion in the first three quarters of 2023, up 10.42% year-on-year, and net profit of NT$746 million, up 15.33% year-on-year.
Has more than 800 patents, academician workstations and four national postdoctoral research stations
We have won the “National Prize for Progress in Science and Technology”, "National Quality Award", "China Patent Excellence Award", "China Top 500 Machinery Industry" and other national honors.
100% interoperability
Full Intelligence for Key Processes
100% online
1+10 Strategic Planning Layout
1 Yixing headquarters base
10 industrial bases: Yixing Headquarter Base (including Far Eastern Telecommunications and Energy Storage Base Expansion Project), North China Base, Far Eastern Copper Foil Jiangsu Taixing Base, Tianchang Special Cable Base, and Battery Yichun Base, Yibin Industrial Base (under construction), Rudong Offshore Marine Cable Base (under construction),Southern Base Layout (planning), Indonesia Overseas Base (planning), Africa Base (planning).
2,000 industry-headquartered strategic customers, more than 10 million users, to achieve common growth and sustainable development with customers.
strategic client:Fortune 500, China's top 500, China's top 500 private enterprises, top 50 in the industry and listed companies on the main board, etc.
Served more than 100 Fortune 500 clients and more than 300 Fortune 500 clients in China.
