Far East Cable and Tesla China Official Partner

Far East Cable signed a strategic cooperation framework agreement with Jiangsu Huabo Industry, the official partner of Tesla China, and officially became a Tesla supplier. Affected by this, Far East Cable closed at 9. 10 yuan yesterday. Last night, Far East Cable announced that its subsidiary Far East Cable Co., Ltd. signed a strategic cooperation framework agreement with Jiangsu Huabo Industrial Group Co., Ltd., the official partner of Tesla Motors in China, to promote the network construction of Tesla vehicles and charging stations in China market, and designated Far East Cable to provide special cables for charging facilities for Tesla new energy electric vehicles. Within the framework of this cooperation, in addition to the related fields of new energy vehicles, the two sides also plan to carry out more in-depth and diversified cooperation in the field of smart energy based on the strategic positioning of high efficiency, energy saving and environmental protection. Our products will become special cables for Tesla's new energy electric vehicles and charging equipment, and we intend to continue to carry out in-depth and diversified cooperation in the field of intelligent energy. Stimulated by good news, Far East Cable opened at a daily limit of "one" on Wednesday, closing at 9. 10 yuan, with an increase of 10.04%.