“blood transfusion” for fighting COVID-19! Far East Horizon issued the 1st “epidemic prevention and control” bonds with ¥ 2 billion totally

(February 14th) Far East Horizon issued the 1st “epidemic prevention and control” bonds with totally ¥ 2 billion to transfuse “Blood” to fight the COVID-19.

The epidemic prevention bonds this time were set up in two varieties with full subscription (1.83 times and 1.75 times respectively), which were actively subscribed by various types of investors such as banks, funds and insurance companies. Comparing single enterprise, Far East Horizon has unique advantages as a financial institution: stronger professional ability, wider range of capital radiation, and all the advantages is so conducive to meeting financing needs of entity enterprises efficiently in this special period.

At the critical period of fighting COVID-19, though the time for project launch was urgent, and Far East Horizon colleagues gave full play to the spirit of teamwork and expertise advantages and completed the preparation work of bonds issuance in the shortest time. Meanwhile, the fast bond issuance attributes to the big support from various levels of the government, specifically, Shanghai Stock Exchange has opened a "green channel" for the issuance of the bonds, speeding up various procedures with high efficiency to ensure the smooth bonds issuance.

Presently, the financial business of Far East Horizon is rooted in real economy and spread all over the country. Part of the fund raised will be used to support the financial leasing business in Hubei, Guangdong, Zhejiang, Henan and Hunan etc. with high epidemic incidence. In the meantime, it will increase the fund investment for the enterprises involving pharmaceutical R&D, prevention materials, medical equipment manufacturing, material storage & transportation etc. for epidemic prevention and control. Meanwhile, it will also enhance the strength to provide balanced and integrated financial leasing business models to guarantee the smooth operation and development of small and medium-sized enterprises in China, release the pressure of operating funds of enterprises and help entities in various fields to go through hard times together.

“Set up the talent and keep the world in mind”, since the outbreak of COVID-19, in addition to the hospital group and Horizon Construction Development that took the lead in rescuing the front line of Wuhan, Far East Horizon also played its financial advantages to support the "fighting epidemic financially". By simplifying the process, signing contracts remotely, and emergencies management etc., it ensured that customers with real and reasonable fund needs could get timely financial support asap, and meanwhile, big data analysis and alike information technologies was utilized to actively allocate sufficient financial insurance for customers.

In the future, Far East Horizon will continue to firmly implement the work of epidemic prevention and control, escort the steady development of the real industry, realize the orderly and efficient production and operation and continuously create value for all stakeholders.