(February 11th) Far East Horizon successfully issued the high-level fix-rate bonds with $300 million (5-year) and won approx. 10 times oversubscription from wise investors, making an auspicious start for sustainable business growth at this critical moment.

As affected by COVID-19 this year, the issuing window of capital market is relatively volatile, while due to the strong influence and decisive execution capability, the bonds were already fully subscribed within the first 20 minutes and the final subscription volume even exceeded $2.9 billion, meanwhile, the final price was narrowed sharply by 40 basis points compared with the initial price.

The issued bonds attract much attention in the capital market, involving more than 100 domestic and overseas investors including CPIC Asset, BlackRock, Allianz etc., and the investor group covers funds, banks, insurance companies, asset management companies and private banks in Europe and Asia. The active subscription reflects the confidence and recognition from international capital market to China's economy and Far East Horizon’s sustainability. The current tough challenges will become the "touchstone" of excellent enterprises, while relying on the correct development strategy and business model, Far East Horizon will continue to evolve, overcome obstacles and turn crisis into opportunity.

In the future, Far East Horizon will continue to uphold the mission and vision of "Integrating global resources, Promoting China's industry", give full play to the professional expertise and resource integration ability as innovative financial company, effectively serve the real economy, actively transmit the enterprise value and financial temperature in the very special period of our country, and continue to make unique contributions to China's industrial upgrading and urban upgrading.