[Monthly News] September Update on Far East Horizon—Fruitful Results in Finance + Industry
01.Unswerving Implementation of New Strategic Positioning
CEO Kong Fanxing ’s Employee Research Trip to Hong Kong
Recently, Vice Chairman of the Board, Executive Director and CEO of Far East Horizon Mr. Kong Fanxing and his party went to the Hong Kong headquarters for research and symposium, which is his second employee research trip to Hong Kong this year. Mr. Kong expressed that, surrounding the Company’s strategy of “backed by the mainland and headquartered in Hong Kong with influence extended to reach Southeast Asia,” the Hong Kong headquarters and the Overseas Business Department should seize new opportunities, give play to the role of Far East Horizon as a bridge and window connecting the mainland with the rest of the world, and begin the new journey determinedly.
02.Far East Horizon Signed Strategic Cooperation Agreement with Asia Cuanon
On September 6, the signing ceremony of the strategic cooperation agreement between Far East Horizon Co., Ltd. and Asia Cuanon Technology (Shanghai) Co., Ltd. (Asia Cuanon) was held at the Far East Horizon Plaza. The agreement was signed by President Assistant Zhan Jing of Far East Horizon and Vice President Shen Gang of Asia Cuanon on behalf of the two parties. Asia Cuanon is a high-tech enterprise integrating the R&D, manufacturing and services of decorative architectural coatings, decorative insulation panels, fire-resistant insulation materials and waterproof materials, and maintains a leading position in the field of insulation materials and decorative insulation panels. The signing of this strategic cooperation agreement marks an all-round upgrade of the partnership between Far East Horizon and Asia Cuanon. The two parties will join hands to serve industrial upgrade and urban upgrade, and contribute to green transformation and energy transition.
03.Far East Horizon Signed Strategic Cooperation Agreement with Jiangxi Electric Power Construction
On September 16, a party of guests from POWERCHINA Jiangxi Electric Power Construction Co., Ltd. visited Far East Horizon Plaza for investigation and exchange. The meeting was attended by Far East Horizon’s President Assistant Ma Hong along with relevant responsible persons of traditional financial and new financial business departments. The two parties conducted discussion and exchanges on new energy development & project cooperation, infrastructure investment, cooperation on capital business, etc. After the meeting, a strategic cooperation framework agreement was signed by Ma Hong, President Assistant of Far East Horizon, and Zou Shengping, Secretary of the Party Committee and Chairman of the Board of Jiangxi Electric Power Construction. Both parties look forward to closer cooperation in the future and further realization of mutual benefit and a win-win outcome.
04.Horizon Healthcare Signed Strategic Cooperation Agreement with the People’s Government of Ye County, Henan Province
Recently, the signing ceremony of the strategic cooperation agreement between Horizon Healthcare and the people’s government of Ye County, Pingdingshan, Henan Province was held in Ye County, with focus on improving local medical and healthcare services and together starting exploration of multi-dimensional cooperation. The ceremony was attended by leaders including Vice President of Far East Horizon and General Manager of Horizon Healthcare Li Jiancheng, Mayor Wen Xiaofan of Ye County, Deputy Secretary Tian Hongxia of the County Party Committee, Vice Chairman of the County Committee of CPPCC and Secretary of the leading Party group of the County Health Commission Li Bingqian, etc.
Actively responding to the call of national policies, Horizon Healthcare unswervingly pushes forward the “100 counties plan,” and concentrates efforts on creating a hospital network of Far East characteristics. In this strategic cooperation, Horizon Healthcare will fully exploit its platform advantages and inject professional resources to vigorously support the development of The Second Hospital of Ye County; meanwhile, both parties will strengthen exploration of cooperation on combining medical and elderly care services and further expand areas of cooperation. Horizon Healthcare will adhere to the mission of “good medical services within everyone’s reach,” actively links up quality medical services at home and abroad, and proves even better medical services for the local people.
05.Horizon Construction Investment Signed Strategic Cooperation Agreement with Shenzhen Infrastructure Investment Fund
On September 1, Mr. Lu Wenbin, Chairman of the Board of Shenzhen Infrastructure Investment Fund Management Co., Ltd. (Shenzhen Infrastructure Investment Fund), etc. visited Far East Horizon Plaza, and met with President Assistant Zhan Jing of Far East Horizon and General Manager Zhang Pan of Horizon Construction Development. As the highland of China’s economic development, the Guangdong-Hong Kong-Macao Greater Bay Area has always been a key area in Horizon Construction Development’s layout. Shenzhen Infrastructure Investment Fund is responsible for the operation and management of Shenzhen’s only municipal infrastructure investment FOF, its business focusing on fields including municipal facilities, traffic facilities, new infrastructure construction and new energy.
At the meeting, both parties actively explored multiple cooperation modes such as intelligent parking, photovoltaic power, data center, and warehouse logistics. A strategic cooperation framework agreement was signed by Zhang Pan, General Manager of Horizon Construction Development, and Chen Leijia, Investment Director of Shenzhen Infrastructure Investment Fund and General Manager of Harbin Harbin-Shenzhen Private Fund Management Co., Ltd. In the future, both parties will together explore more development opportunities in the field of infrastructure investment based on their respective resource, capital and experience advantages.
06.Successfully Delivery of Horizon Construction Investment’s 2 Middle School Projects in Zibo, Shandong Province
Recently, the ceremonial handover of Zhangdian District Experimental Middle School South Campus and Sci-Tech Center Middle School of Zibo, Shandong Province took place. This is a PPP project invested and operated by Shanghai Horizon Construction Investment Co., Ltd., and implemented jointly with the construction unit China Railway 14th Bureau Group Cooperation Limited. These two new campuses of high quality were put into use as scheduled.
As a key project of Shandong Province and a project to improve the quality and expand the capacity of education in Zibo, these two schools plan to form 70 classes to accommodate 3500 students on campus. The completion of this project will further alleviate the teaching pressure of existing middle schools in Zibo, and satisfy people’s urgent needs for quality education and balanced education.
07.Far Eastern Leasing Became the First Non-public Enterprise Awarded the title “Shanghai Demonstration Digital Archives”
Recently, International Far Eastern Leasing Co., Ltd. (Far Eastern Leasing), Far East Horizon’s core subsidiary in the financial sector, has successfully passed the “Shanghai Digital Archives” construction appraisal organized by the Shanghai Archives Bureau, and received its official approval to become the first non-public enterprise awarded the title of “Shanghai Demonstration Digital Archives.” This honor represents recognition of Far Eastern Leasing’s achievements in digital archives construction, and more importantly affirmation of the Company’s delicacy management and high-quality services.
08.Grand Flight Investment Entered Both 36KR Lists of TOP 50 Institutional Investors Again
On September 21, 36KR released its 2022 List of Institutional Investors—“White Horse/Dark Horse” “Most Popular LP among GP” in the Local Market. This time, 36KR Venture Capital Academy invited more than 1500 VC, PE, FOF and industry funds, sent out questionnaires in certain directions, collected a wide range of participants’ detailed data on the four dimensions of fundraising, investment, management and exit, and conducted interviews/telephone surveys targeting the feedbacks of questionnaires. Through professional evaluation, Grand Flight Investment entered two lists including “Top 50 Venture Capital Institutions Most Recognized by LP in China” and “Top 50 Local Institutional Investors Most Recognized by LP in China.”
09.Far East Horizon’s 2022 Advanced Training Class on Engineering Construction (North Station) Held Successfully
On September 15, Far East Horizon’s 2022 Advanced Training Class on Engineering Construction (North Station) was successfully held successfully. More than 30 senior executives from leading enterprises in the field of engineering construction participated in the training class, and together discussed how to achieve mutual benefit and a win-win situation in the context of “new landscape of the world and new cycle of China.” Through this training class, Far East Horizon puts the industry idea of “promoting modern engineering and boosting construction development” into practice, continues to offer diversified full-cycle support for customer development, together seeks new development opportunities, and jointly stimulates new vitality of the industry.
10.Far East Zhizao Boxue Academy’s “Changes & Practices” Training Class (North Station) Held Successfully
From September 14-17, the “Changes & Practices” Training Class (North Station) of Far East Zhizao Boxue Academy was held by Electronics & Information Department I of Far East Horizon successfully, which has attracted over 40 guests from leading enterprises in the field of electronic information. Through collision of thoughts in four days, the attendees analyzed and discussed the current economic trends, and forecasted the way of enterprise cooperation and development. Far East Zhizao Boxue Academy is Far East Horizon’s deep linking value platform in the electronic information industry. It keeps the Company in tune with electronic information enterprises, promotes their exchanges of ideas and high-speed development, and creates and realizes new value through continuous extension and expansion of the fields of cooperation and the sharing of resources between Far East Horizon and enterprises.
11.Team Grow Invested in Insight Lifetech, Leading Provider of Cardiovascular Prevision Intervention Solutions
Recently, Shenzhen Insight Lifetech Co., Ltd. (Insight Lifetech) announced completion of series D+ equity financing, led by existing shareholder Sherpa Venture Capital, followed by Taiping Healthcare Fund, Triwise Capital, Team Grow and National Innovation Center, and then followed up by existing shareholder Sequoia China. Insight Lifetech’s innovative FFR system and IVUS system have both been qualified for the national special approval procedure for innovative medical equipment products, breaking the situation of dependence on imported products in this field, and making this enterprise China’s first and only local medical technology company with a combination of cardiovascular intraluminal functional and imaging products. The National Medical Products Administration spoke highly of Insight Lifetech’s FFR system—this “international leading and China’s first” system has filled in the blank of China’s “golden standard” fractional flow reserve measurement technique.
12.Far East Horizon Officially Launched 2023 On-Campus Recruitment
Look Forward to Meeting you at Far East Horizon!
In September, facing postgraduate students graduating worldwide this year, Far East Horizon officially launched its 2023 on-campus recruiting program “Sword Casting Plan” to recruit excellent talent in marketing, risk management, asset management, business management and legal affairs management for its clients. Born brave, we refuse to be ordinary; forging our mind into a sword, let’s make extraordinary achievements. Look forward to meeting you at Far East Horizon!
In September we have reached new cooperation and fixed our eyes on new targets; in October we shall keep advancing towards the goal of excellence.