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Wang Ruisheng, deputy Party secretary and vice president of Far East Horizon, attended the media meeting of central enterprises

2020-04-24

On April 22nd, the media meeting of central enterprises in the Expo District with the theme of "30-year Pudong · 10-year World Expo" was held in Shanghai. Wang Ruisheng, deputy Party secretary and vice president of Far East Horizon, was invited to attend the meeting to introduce the development of Far East Horizon to the media on behalf of the company.

△Wang Ruisheng, deputy Party secretary and vice president of Far East Horizon, Speaking at the media meeting

In his speech, Wang Ruisheng said that, this year is the 30th anniversary of Pudong and the 10th anniversary of the World Expo. He is very happy to share with the media the story of the joint development of Far East Horizon and Pudong New District.

Wang Ruisheng expressed that Far East Horizon was a pioneer in the mixed reform of central enterprises. In 2001, Far East Horizon headed from Shenyang to Shanghai,choosing Pudong New District, the place moving forefront of the reform and opening-up and full of opportunities, and realized the market-oriented operation. In 2011, Far East Horizon was listed on the main board of the Hong Kong stock exchange, realizing the marketization of the system. In 2018, with the support and help of Pudong NewDistrict and World Expo leaders, Far East Horizon set its headquarters on the Bank of Huangpu River in the Expo District. FEH people really have their own "home" - Far East Horizon Plaza.

With the vigorous development of the headquarter in the Expo District, thanks to the favorable development environment and preferential policy support created by the Pudong New District and the government departments at all levels of the Expo Management Bureau for enterprises, Far East Horizon has formed a service network of "based on Shanghai and radiating the whole country", which has driven the steady growth of national business.

While realizing its own development, Far East Horizon actively practices its corporate responsibility and makes contributions to the economic development of Pudong New District and even Shanghai. Up to now, Far East Horizon has contributed more than 13.5 billion RMB in fiscal revenue to Shanghai, and has been one of the top 100 tax paying enterprises in Shanghai for many years. It has contributed more than 12 billion RMB to Pudong New District and won the special economic contribution award of Pudong New District for many times.

The operation and development of Far East Horizon is highly consistent with the development and opening strategy of Pudong New District. In 30 years, Pudong has experienced tremendous changes from an intertidal zone to a prosperous district; in 19 years, Far East Horizon has also experienced a transformation from 11 people who moved to Shanghai to more than 18,000 employees today. From the original unknown and destitute company, till now it has grown into a leading industry and a comprehensive group of "finance and industry".

△Vice president Wang Ruisheng speaking at the media meeting

The meeting was held by the Expo Management Bureau of China (Shanghai) pilot Free Trade Zone Management Committee. Representatives of six central enterprises, including Far East Horizon, China Reform holding, Sinotrans, China Aluminum International Engineering, ZPMC and Sinochem International. Nearly 20 medias including Xinhua news agency, people's daily, CCTV, Jiefang daily, Guangming Daily and Shanghai TV station attended the meeting.

Media journalists asked Wang Ruisheng questions at the meeting

Q:

In the Q&A session, some reporter asked how the "Finance + industry" business model of Far East Horizon was operating?

A:

Wang Ruisheng replied that as early as 2007, Far East Horizon first proposed the strategic transformation from a single financial service to an industrial comprehensive operation service. After years of practice, the "Finance + industry" business model has been verified by the market, and its strategic value has been constantly highlighted.

Relying on the financial advantage of Shanghai Pudong, Far East International Financial Leasing Co., Ltd. (hereinafter referred to as "Far East leasing") of Far East Horizon has continuously deepened its financial products, innovated financing methods, and has served about 20,000 industrial customers and invested nearly 1,000 billion RMB into the real economy.

In the field of medical and health, Far East Horizon hospital group is the largest social medical group in China. Up to now, it has 52 member hospitals and 20,000 open beds. Far East Horizon actively responded to the national call of "no serious illness out of the county", focusing on the layout of the third, fourth and fifth tier cities and counties and providing high-quality, warm medical services for the grassroots people.

In the field of construction equipment, Horizon Construction Development Co., Ltd. (hereinafter referred to as " Horizon Construction Development") of Far East Horizon is one of the top 100 construction equipment comprehensive operation service providers in the world, with the largest equipment ownership in China. Far East Horizon has participated in the construction of Shanghai National Convention and Exhibition Center, Shanghai Hongqiao Airport, Shanghai Pudong Airport, National Stadium Bird's nest, Hong Kong Zhuhai Macao Bridge and other "super projects".

In the field of education, Far East Horizon actively arranges the K-12 education system and has established more than 10 high-end kindergartens and 4 international schools at home and abroad. Among them, Hongwen school, the flagship school built by the company in Pudong New Area, is committed to becoming a supporting base for Pudong to attract international talents. Leaders of Shanghai and Pudong New Area visited and investigated many times and gave support and help to Hongwen school.

Q:

Reporter asked, what strength does Far East Horizon show in the fight against COVID-19?

A:

Wang Ruisheng said that, Far East Horizon took the initiative and take full advantage of the financial and industrial advantages to fight against COVID-19.

In the critical period of epidemic prevention, thanks to the "green channel" opened by Shanghai Stock Exchange, Far East Leasing issued 2 billion yuan renewable epidemic prevention and control debt in the shortest time, and part of the funds raised was used to support financial leasing business in areas with high incidence of epidemic. In addition, the company has also accelerated the financial support to customers by simplifying the process and signing contracts remotely, so as to provide "timely rain" for the entity enterprises in various fields.

Far East Horizon Hospital Group actively responded to the national call-up. More than 20 medical staff braved the difficulties and took the initiative to form 5 Far Eeast medical teams to aid the front line of Hubei epidemic, and became an important supplement to the public medical system with strength and responsibility.

The builders of Horizon construction and development gathered quickly and rushed to the construction sites of Wuhan Huoshenshan and Leishenshan hospital. They fought at the power supply sites of more than 40 medical centers such as Wuhan Jinyintan and Wuhan Central Hospital. More than 200 aerial work platforms and nearly 20 power supply equipment were put into operation, becoming the founder and witness of the world-famous "China speed".

Finally, Mr. Wang Ruisheng said that at the beginning of moving south to Shanghai, Far East Horizon set up the mission of " integrating global resources, promoting China’s industry ", benefiting from the rapid development of Pudong New Area. Facing the future, Far East Horizon will continue to deeply participate in the development of Pudong New Area, contribute to the economic and social construction of Shanghai and make contributions to the high-quality development of China's economy.