"Far East Corporation and others establish a new company including internet equipment sales business."

According to the QiChaCha app, Changzhou Yuankong Cable Sales Co., Ltd. was recently established, with Li Qun as the legal representative. Its business scope includes sales of optical fibers, optical communication equipment, batteries, internet equipment, etc. Equity penetration information from QiChaCha shows that the company is jointly held by Far East Cable Co., Ltd., a wholly-owned subsidiary of Far East Holding Group, and other companies.