On June 17th, Kong Fanxing, vice chairman of the board of directors, executive director and chief executive of Far East Horizon, met with Zhuang Zhaolin, deputy secretary of Xuzhou municipal Party committee and mayor, and his party at the Far East Horizon Plaza. After the conference, the signing ceremony of Far East Horizon and Pizhou science and technology innovation industry fund was held. Cao Jian (senior vice president of Far East Horizon), Wu Zhijun (vice president), Xu Huibin (general manager of strategic center), Xu Donghai (deputy mayor of Xuzhou City), Zhang Ying (director of Xuzhou Municipal Bureau of Commerce), Cao Zhi (mayor of Pizhou City) and Luo Deqing (cheif of Gulou District) attended the event.

During the talks, President Kong Fanxing extended a warm welcome to mayor Zhuang Zhaolin and his party. He introduced the development process of Far East Horizon, elaborated the strategic layout of "Finance + industry" and focused on the development of Far East Horizon in medical, pension, construction, education and other industrial sectors.

△President Kong Fanxing speaking in the meeting

Mayor Zhuang Zhaolin thanks Mr. Kong for his warm reception. He highly agrees with Far East Horizon's "Finance + industry" strategy. In the financial direction, Far East Horizon has more than 10 years cooperation foundation with Xuzhou City as well as the districts, counties and enterprises of Xuzhou City; in the industrial direction, such real industries as Pizhou Dongda hospital and Jinpeng Yuankang have also landed in Xuzhou. In the long run, Mayor Zhuang Zhaolin hopes that both sides will continue to strengthen the work in all directions and continuously deepen the multi-directional cooperation in financial and industrial fields.

△Mayor Zhuang Zhaolin speaking in the meeting

With the joint witness of the leaders of both sides, Shanghai Zhouji Tongli Asset Management Co., Ltd., a subsidiary of Far East Horizon, and Pizhou Economic and Technological Development Zone signed a cooperation agreement on Pizhou science and technology innovation industry fund. The total scale of the fund is 1 billion RMB, and the main investment direction is 5G, semiconductor, new materials and other scientific and technological innovation fields.

Relying on the strong financial capital and industrial resources support of Far East Horizon, the science and technology innovation industry fund will further promote the industrial transformation and upgrading of Xuzhou City, support the development of innovative industries, and contribute to the development of four strategic emerging leading industries in Xuzhou.

△Both sides sign cooperation agreement

Both sides also conducted in-depth discussions and exchanges on the cooperation between the Far East Horizon and Xuzhou City in the fields of financial business, medical care, infrastructure investment, urban renewal etc.

△Group photo of participating leaders