On October 8, 2020, Horizon Construction Development officially announced that the number of self-owned aerocars exceeded 50,000, ranking the first among similar equipment renters in the country.

Since last year, the scale of Horizon Construction Development's aerocars has grown rapidly. The total number of Horizon Construction Development's self-owned equipment has realized a leapfrog growth to more than 50,000 only three months after surpasssing 30,000 at the end of April and 40,000 on July 6 this year successively.

In the face of the complicated domestic and international economic situation this year, Horizon Construction Development has stuck to its original plan and developement pace and continued to invest in China's industrial equipment field. Up to now, its total amount of equipment has doubled compared with last year. With the rapid growth of its aerocar fleet, Horizon Construction Development's assets have exceeded RMB 10 billion with its line of bank credit surpassing RMB 10 billion.

Small steps get us to faraway places. With the strong support of Far East Horizon Group, Horizon Construction Development, as the first renter to introduce large-scale aerocars in the country, will reciprocate the society with a higher sense of responsibility and mission.

As market analysts have observed, the aerocar rental industry has experienced price adjustment over the past year, and the competition in the whole industry has become fiercer. As the largest player in the market, Horizon Construction Development is inevitably trapped by the price war initiated by competitors. However, as one of the pioneers in the industry, Horizon Construction Development firmly believes that the whole industry will return to a rational state after sufficient market competition in a sustainable market,.

As the leader of the national aerocar rental industry, Horizon Construction Development will actively play the role of "key stand" in the industry, share weal and woe with more peers who abide by the laws of sound market growth, and jointly maintain the order of the industry. Horizon Construction Development is willing to build a sound and harmonious market environment with more and more market players.

Looking ahead, Horizon Construction Development will strive to break through itself, bravely meet challenges and provide customers with better products and rental experience. We are aimed to become a "trustworthy equipment operation service provider".