Far Eastern Leasing, under Far East Horizon, received the 10th consecutive “ Top 20 Companies with Special Contributions to Economy”award at the “Award Ceremony for Companies with Outstanding Contribution to Pudong’s Economy in 2021” recently held by the People’s Government of Shanghai Pudong New Area. This achievement is Pudong New Area Government’s high recognition of Far Eastern Leasing that has been committed to serving the real economy.

The event was also attended by the leaders from the Party committee, government, people’s congress and CPPCC committee of Pudong New Area. Zhu Zhisong, member of the Standing Committee of the CPC Shanghai Municipal Committee and Party secretary of Pudong New Area, presented awards to the Top 20 companies. Wang Ruisheng, deputy Party secretary and Vice President of Far East Horizon, was invited to attend the event and accepted the award on behalf of the company.
 

Zhu Zhisong, member of the Standing Committee of the CPC Shanghai Municipal Committee and Party secretary of Pudong New Area, is presenting the award to Far Eastern Leasing.
 

Vice President Wang Ruisheng (middle) accepts the award on behalf of Far Eastern Leasing
 

Since its southward relocation to Pudong, a district of Shanghai, Far East Horizon has been on a mission of ‘Integrating global resources, promoting China’s industries’ and contributed to industrial and urban upgrading through its nationwide business network from its base in Shanghai. Over the past two decades, the company has always put every penny in the real economy. Together, it has invested more than one trillion yuan, serving more than 20,000 clients.
 

As Pudong develops and opens wider to the world, Far East Horizon has contributed to and witnessed tremendous changes in the area over the past two decades. Far East Horizon is emerging as the industry leader with solid growth in leasing driven by opening up of Pudong, while helping Pudong become the Macca of financial leasing industry in China.

Over the past two decades, Far East Horizon has gradually realized the goal of “moving ahead on leasing and beyond”, benefiting from Pudong’s favorable business environment, policy support and resource concentration. On the one hand, we strengthen and expand traditional financial leasing business while boosting new financial services. On the other hand, we go further in businesses such as equipment and hospital operation, with unswerving efforts to blaze a new “finance+industry” path.
 

In his speech, Hang Yingwei, deputy secretary-general of Shanghai Municipal Government and mayor of Pudong New Area, said that we have posted extraordinary results and made great contributions in the past year. In response to challenges from slowing global economy, pandemic resurgence and risk exposure, Far East Horizon has adhered to the strategy to overcome difficulties and innovate, sustaining its momentum for steady and balanced growth. At the same time, it played a leading role in practicing corporate responsibilities and empowering rapid recovery and growth of the real economy.

The Opinions of the CCP Central Committee and the State Council on Supporting High-Quality Reform and Opening Up in Pudong New District and Making it into a Leading Area for Socialist Modernization Construction officially released in July this year sets forth more arduous tasks, greater challenges and more honorable missions for the future development of Pudong.

Looking ahead, Far East Horizon will continue to actively serve and align with major national strategies. Focusing on the “14th Five-Year Plan” and the company’s goals, we will fully leverage Pudong’s advantages of serving China and the world to enhance financial services for the real economy and make industrial services more efficient, as a way of making due contributions to the economic development of Pudong New Area, Shanghai and even the whole country.