[Monthly News] March Update on Far East Horizon—New Achievements in Finance + Industry
01.Far East Horizon Announced Its 2021 Annual Performance
On March 16, the 2021 Annual Performance Announcement Meeting of Far East Horizon was successfully convened, attended by Kong Fanxing (Vice Chairman of the Board, Executive Director and CEO of Far East Horizon), Wang Mingzhe (Executive Director and CFO of Far East Horizon) and Zhang Chunyu (Executive Director and CEO of Horizon Construction Development). Despite the complexity and volatility of the current market, the Company continues to consolidate its strategic foundation, and hits another milestone in performance, with asset size reaching 335.9 billion yuan and pretax profit exceeding 10 billion yuan, which fully demonstrates the tenacious vitality of model iteration.
02.All Battle Lines of Far East Horizon United into an Impregnable Stronghold against COVID-19
Stationed in Shanghai 24/7 with Equal Attention Paid to Epidemic Prevention and Operation
At present, epidemic prevention and emergency response has entered the most critical stage in Shanghai. Facing the complex, formidable and recurring epidemic situation, Far East Horizon resolutely implements the spirit of General Secretary Xi Jinping’s important speech about epidemic prevention and control by paying equal attention to epidemic prevention and operation, fully supports the orderly operation of business, and strives to guarantee the work and life of employees. Since late March, various departments of the Company have stationed capable teams at the Far East Horizon Plaza 24/7 with “closed-end operation” implemented. Far East Horizon have done its best to guarantee the health and safety of stationed personnel and the quality of life services provided to them. Meanwhile, employees under long-term home quarantine have received “big vegetable packs” exclusively offered by the Company’s subordinate platform Gao Ze Xiang Yuan, which were delivered at lightning speed to meet their urgent needs. The epidemic prevention work of all offices of Far East Horizon is well-coordinated as a whole, to practice the Company’s responsibilities and commitment to its staff, clients and the society.
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Horizon Construction Development Devoted to Infrastructure Construction Work to Fight COVID-19 Nationwide
According to incomplete statistics, Horizon Construction Development has cumulatively put more than 5200 devices of various types and 190,000 tons of materials of different kinds into 17 provinces (including municipality directly under the Central Government and special administrative region), to support infrastructure construction and power security of supply in key epidemic prevention areas including Hong Kong, Shanghai and Jilin and assist various provinces and cities in fighting this round of epidemic outbreak with no efforts spared.
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Horizon Healthcare’s “Warriors in White” Stepped Forward to Fight COVID-19 Nationwide
In March, as reported local COVID cases continued to increase across the nation, timely, precise and efficient testing became an important means to fight COVID-19. Epidemic prevention is an order, and responsibility is our mission. Once again, the “warriors in white” of Horizon Healthcare stepped forward everywhere: Shenzhen, Suzhou, Lianyungang, Changzhou, Siping, Heihe... Horizon Healthcare’s member hospitals have dispatched over a thousand medical personnel cumulatively, to participate in epidemic prevention and control work in many regions all across China, and contribute to yet another battle against COVID-19 with the sense of responsibility of non-pubic hospitals as well as the original aspiration and benevolence of medical workers.
03.Deputy District Mayor Zhai Jinguo of Jinshan District, Shanghai Visited Horizon Construction Development
On March 1, General Manager Zhang Chunyu and Deputy General Manager Dong Sijun of Horizon Construction Development received Deputy District Mayor Zhai Jinguo and other leaders of Jinshan District, Shanghai at the Far East Horizon Plaza. Based on a solid foundation of cooperation between Horizon Construction Development and Jinshan District, both parties look forward to further expanding their strategic partnership, giving full play to their respective advantages, and continuing to deepen cooperation in the construction of R&D technology centers, high-end intelligent production lines, digital operation, etc., to achieve mutually beneficial and win-win results for government and enterprise.
04.Horizon Construction Investment Won Bid to a Key People’s Livelihood Project of Deyang, Sichuan Province
On March 22, Shanghai Horizon Construction Investment Co., Ltd. and China Construction Third Engineering Bureau Group Co., Ltd. jointly won the bid to the ecological restoration and functional improvement project involving both sides of Jing Lake, Donghu Mountain, and Culture and Entertainment City of Deyang, Sichuan Province. With a total investment of 1.859 billion yuan and a cooperation term of 20 years, it is a key people’s livelihood project of Deyang City. Horizon Construction Investment will continue to exploit its advantages in financial capital guarantee and industry operation resources, to create a comprehensive recreation and entertainment platform for the convenience and benefit of the citizens of Deyang and serve urban upgrade and construction of projects related to people’s livelihood even better.
05.Grand Flight Investment Awarded by FOFWEEKLY and CYZONE
In March 2022, Grand Flight Investment reaped multiple honors. It made to the list of “Top 20 Most Popular Intuitional Investors in Healthcare among LP in 2021” by FOFWEEKLY. Besides, Gao Ying, partner of Grand Flight Investment’s healthcare fund, was rated as the “Most Noteworthy Female Investor in 2022” by CYZONE.
06.Grand Flight Investment Led Investment in Sino-Biocan, Contributing to the Creation of an Internationally Advanced Technology Platform for Cell Preparation Tools
Recently, Sino-Biocan (Beijing) Biotechnology Co., Ltd. (“Sino-Biocan”) announced the completion of a Series A financing of nearly RMB 100 million, led by Grand Flight Investment and followed by Innovation Works, an existing shareholder. Dedicated to the research and development of China’s homemade tools in the field of cell and gene therapy, Sino-Biocan is a leading domestic enterprise capable of providing total solutions to cell preparation tools. As the person in charge of Grand Flight Investment’s big healthcare, Gao Ying expressed that the Company continues to value biomedical technology and looks forward to more empowerment and improvement realized by the Sino-Biocan team in this industry.
07.Team Grow Followed Investment in Yingsheng Biology,
Pioneer of Clinical Mass Spectrometry Who Received RMB 100 Million in Series C Financing
Recently, Shandong Yingsheng Biotechnology Co., Ltd. (“Yingsheng Biology”), a pioneer of clinical mass spectrometry, announced the completion of a Series C financing of nearly RMB 100 million, led by existing shareholder CD Capital and GL Ventures, followed by Team Grow, Zhongjin Qiyuan Fund, Taiping Healthcare Fund and Jingming Capital, and then followed up by existing shareholder Yuanbio Venture Capital, Sunz Fund and Huimei Capital. Yingsheng Biology is a domestic leading provider of one-stop solutions to clinical mass spectrometry as well as a high-tech enterprise integrating R&D, production, sales and third-party medical testing services. According to the person in charge of the project at Team Grow, Far East Horizon has been working in the field of big health for over 20 years, and Team Grow will take this as an opportunity to promote the application of mass-spectrum diagnosis in the medical ecosystem of Far East Horizon.
08.Grand Opening of Another Member Hospital of Horizon Healthcare—The Fifth Hospital of Deyang, Zhongjiang Branch
March 23 witnessed the grand opening of The Fifth Hospital of Deyang, Zhongjiang Branch—a member hospital of Horizon Healthcare. After four years of elaborate preparation, The Fifth Hospital of Deyang, Zhongjiang Branch began trail operation in November 2021. Through more than 3 months of good operation, the hospital has gradually perfected its operation system to properly satisfy the multi-leveled medical needs of the local people. In the future, it will continue to safeguard the health of the people of Zhongjiang County, and inject new energy into Horizon Healthcare’s practice of “good medical services within everyone’s reach.”
09.20% Oxford/Cambridge Acceptance Rate for 3 Years in a Row!
Horizon Education’s Overseas Flagship High School Became the Dark Horse among British Private High Schools
This March, Horizon Education’s overseas flagship high school—The National Mathematics and Science College—harvested a great many offers from Oxford University and Cambridge University just like before. One fifth of its graduates were pre-admitted to the chemistry, physics, mathematics and natural science programs of Oxford University and Cambridge University, thus maintaining the 20% rate of acceptance by Oxford/Cambridge University for the third consecutive year. As for American and Canadian universities, its students also received offers from world-famous universities including UCLA, Pennsylvania State University and University of Toronto.
The National Mathematics and Science College also achieved excellent results in academic competition this spring: two students received Top Gold Award in the British Physics Olympiad, and the school team won the grand championship in the Cambridge Chemistry Race. Due to its outstanding academic performance and college acceptance rate, The National Mathematics and Science College made it to the list of Top 10 British private high schools in just 5 years, and in 2021 it was even rated by the British education media as the “best STEM school in Britain.”
Spring comes earlier for diligent people, and we shall continue to scale new heights. Far East Horizon has begun its new journey and met new challenges in March; in April we shall keep forging ahead towards the goal of excellence.