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[Monthly News] March Update | Far East Horizon Releases 2024 Annual Results; Successfully Completes First Cross-Border Direct Leasing Transaction
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2025-03-31


01 Far East Horizon Releases 2024 Annual Results



On March 7, Far East Horizon held its 2024 annual results announcement in Hong Kong. In attendance were Mr. Kong Fanxing, Chairman of the Board, Executive Director, and Chief Executive Officer; Mr. Wang Mingzhe, Executive Director and Chief Financial Officer; and Mr. Cao Jian, Executive Director and Senior Vice President. In 2024, Far East Horizon continued to strengthen its operational foundation and enhance management efficiency. By constructing a new commercial ecosystem, the company officially entered a new phase of development. The annual report revealed that the company maintained total assets exceeding RMB 360 billion, with total revenue nearing RMB 38 billion. Performance remained stable throughout the year, and shareholder returns steadily improved.

 

02 Far East Horizon Completes First Cross-Border Direct Leasing Transaction



On March 6, after a 22-day sea voyage, a cargo ship carrying wide-body dump trucks, declared at Tianjin Dongjiang Free Trade Port Zone, officially reached its destination country. This marked the successful completion of Far East Horizon’s first cross-border direct leasing transaction for equipment. This breakthrough was achieved through close collaboration between Dongjiang regulatory authorities and multiple internal departments, signifying another major milestone in the company’s cross-border market-oriented operations. It not only injected new vitality into the company’s growth but also provided strong support and a replicable model for domestic industries expanding overseas.

 

03 Far East Horizon Releases 2024 Sustainability & ESG Report



On March 21, Far East Horizon released its 2024 Sustainability and Environmental, Social, and Governance (ESG) Report. Upholding the sustainability philosophy of “Creating Shared Value, Fostering Harmonious Development,” the company established ESG management as the cornerstone of sustainable growth, ensuring balanced progress in both economic and ESG performance. By reshaping its business ecosystem and elevating customer engagement, marketing, and services, Far East Horizon revitalized industries and generated new value. The report highlights the company’s key sustainability initiatives, honors, and recognitions over the past year.

 

04 Far East Horizon Hosts Cross-Border Entrepreneurial Exchange in Tokyo



On March 21, Far East Horizon, in partnership with ecosystem collaborator BYCARE, hosted a cross-border entrepreneurial exchange event in Tokyo, Japan, themed “Blossoming Spring, Embracing Wellness.” Mr. Cao Jian, Executive Director and Senior Vice President of Far East Horizon; Mr. Ma Hong, Assistant to the President; along with BYCARE’s General Manager Han Jiajie and Deputy General Manager Cui Jia, led the service team in engaging with dozens of pioneering entrepreneurs and their family members from various industries in China. The event aimed to provide fresh insights and methodologies for health management, supporting the enduring prosperity of entrepreneurial families and their enterprises.

 

05 Far East Horizon International Ranks on DMI’s Offshore Bond Underwriting List



Recently, DMI, a comprehensive bond information service platform under China Securities Credit FinTech, released its 2024 Offshore Bond Underwriting Rankings. Far East Horizon International made its debut as a top 20 lead underwriter among securities firms. As a licensed (Type 1) professional bond platform under Far East Horizon, the company has steadily risen by leveraging group resources. In 2024, it completed over 40 primary bond underwriting projects across more than 10 provinces, including Shandong and Henan, effectively expanding local government financing channels and enhancing international credibility. Moving forward, the company will focus on urban services, providing sustained financial support for high-quality regional economic development.

 

06 CDHORIZON Releases 2024 Annual Results



On March 6, CDHORIZON held its 2024 annual results announcement in Hong Kong. Attendees included Mr. Zhan Jing, Executive Director and CEO; Mr. Tang Li, Executive Director and Co-Chief Financial Officer; Mr. Shen Liang, Chief Operating Officer; and Mr. Deng Huanan, Co-Chief Financial Officer. In 2024, guided by its controlling shareholder Far East Horizon’s “Finance + Industry” strategy, the company adopted a dual approach of deepening domestic operations while expanding overseas, promoting tiered utilization of assets throughout their lifecycle and fostering sustainable growth drivers. While solidifying its domestic market position, the company also optimized overseas operations, achieving profitability. According to the annual report, revenue grew by 21% year-on-year, with net profit reaching RMB 900 million, reflecting robust profitability.

 

07 CDHORIZON Releases Overseas Business Thematic Video



On March 17, CDHORIZON officially released its overseas business thematic video, conveying its vision of “Integrating with the World, Growing with Excellence” through meticulous planning and production. The video not only chronicles the company’s leap from China’s leading leasing enterprise to a global industry leader but also showcases its capabilities in overseas network deployment, localized services, and international project case studies. By providing efficient services to global clients across industries, the company contributes to worldwide infrastructure development, embodying its philosophy of “Collaborating with Global Partners, Building a Brighter Future” and demonstrating its pioneering spirit and responsibility in the era of globalization.

 

08 HCHORIZON Hospital Staff Saves Drowning Youth



On March 9, Mo Hongliu, an ambulance driver at HCHORIZON’s Sihui Wanlong Hospital, risked his life to jump into a river and successfully rescue a 24-year-old drowning victim. His heroic act was widely praised by provincial and municipal media, not only saving a young life but also radiating positive social energy. This act vividly reflects Horizon Healthcare’s commitment to its noble principle of “Life First, Patient-Centered Care” and its mission to build a private healthcare brand that is “welcomed by the government, recognized by the industry, and trusted by the people.”