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Recently, the results of the comprehensive strength evaluation of China's real estate development enterprises in 2021 were officially released, the TOP500 list of comprehensive strength of China's real estate development enterprises and the preferred supplier service provider brand were announced, and Far East Cable ranked first in the wire and cable category of the subsidiary of Far East Co.
, Ltd.
(600869), and the brand preference rate increased from 15% in 2016 to 21%, and it was recognized
by the authority of the real estate industry with its ultimate products and services.
Far East Cable, a subsidiary of Far East Co.
, Ltd.
(600869), has more than 30 years of industry experience in the field of cables, leading the industry for 23 consecutive years, and is one of the top 10 most competitive enterprises in the global cable industry, leading the market share in smart grid, clean energy, green buildings, intelligent transportation and other market segments.
According to the cable related industry report, in 2020 the Chinese market capacity of about 1.
3 trillion, the next 5 years average annual growth rate of about 5.
4%, although China's cable industry market capacity is huge, but the industry pattern is still very scattered, the top 10 cable companies market share about 12%, and developed countries for comparison, the top 4 companies in the United States market share of about 80%, the top 7 companies in Japan market share about 86%, France top 5 companies market share about 90%.
With the continuous standardization of industry development and the increasing recognition of brands by customers, the trend of integration of domestic industries to head enterprises will become more and more significant in the future, the market share of industry leading enterprises will increase rapidly, and Far East Cable is expected to further accelerate the expansion of market share
.
Recently, the results of the comprehensive strength evaluation of China's real estate development enterprises in 2021 were officially released, the TOP500 list of comprehensive strength of China's real estate development enterprises and the preferred supplier service provider brand were announced, and Far East Cable ranked first in the wire and cable category of the subsidiary of Far East Co.
, Ltd.
(600869), and the brand preference rate increased from 15% in 2016 to 21%, and it was recognized
by the authority of the real estate industry with its ultimate products and services.
Far East Cable, a subsidiary of Far East Co.
, Ltd.
(600869), has more than 30 years of industry experience in the field of cables, leading the industry for 23 consecutive years, and is one of the top 10 most competitive enterprises in the global cable industry, leading the market share in smart grid, clean energy, green buildings, intelligent transportation and other market segments.
According to the cable related industry report, in 2020 the Chinese market capacity of about 1.
3 trillion, the next 5 years average annual growth rate of about 5.
4%, although China's cable industry market capacity is huge, but the industry pattern is still very scattered, the top 10 cable companies market share about 12%, and developed countries for comparison, the top 4 companies in the United States market share of about 80%, the top 7 companies in Japan market share about 86%, France top 5 companies market share about 90%.
With the continuous standardization of industry development and the increasing recognition of brands by customers, the trend of integration of domestic industries to head enterprises will become more and more significant in the future, the market share of industry leading enterprises will increase rapidly, and Far East Cable is expected to further accelerate the expansion of market share
.
