On the afternoon of April 21st , Kong Fanxing, vice chairman of the board of directors, executive director and chief executive officer of Far East Horizon, held talks with Jiang Yu (Chairman of Huatai United Securities Co., Ltd. (hereinafter referred to as "Huatai United Securities")), Qiao Wei (vice president of Huatai International) and Zhou Jiwei (executive member of the board of directors). Wang Mingzhe (executive director and chief financial officer of Far East Horizon) and Xu Huibi (general manager of strategic center) attended the meeting.

△Group photo of President Jiang Yu and his party of Huatai United Securities with FEH leaders

Shen Liwei, general manager of Far East Horizon capital center, firstly introduced the company's performance in 2019 and the operation status of the industry sector, reviewed the history of cooperation between the two sides, and looked forward to the future cooperation.

Subsequently, Zhou Jiwei, executive member of Huatai United Securities, introduced the company's development history, development situation and core competitiveness, hoping to promote in-depth cooperation in various fields between the two sides, and put forward valuable suggestions for the IPO of Horizon Construction & Development.

Jiang Yu, chairman of Huatai United Securities, highly recognized the innovation and operation capabilities of Far East Horizon and expressed the hope that the two sides would carry out a new round of strategic cooperation in the next 5-10 years.

△Jiang Yu, chairman of Huatai United Securities

President Kong Fanxing said that Huatai United Securities is not only an important partner of Far East Horizon, but also there are many similarities in the ideas of the two sides in terms of mixed ownership reform. In recent years, Huatai United Securities has found a new way in the investment banking business direction, which is very brilliant. Its business ideas and methods are very novel, which is worth learning from Far East Horizon. We hope that both sides will continue to work together to open a new chapter.

△Kong Fanxing, Chief Executive Officer of Far East Horizon

In the future, both sides will expand cooperation in such fields as stock and bond investment banking business and overseas business and promote the implementation of a new round of strategic cooperation.