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Big news! Far East Horizon has been on the Fortune China 500 list for 6 consecutive years

2021-07-23

Recently, fortune chinese.com released the 2021 Fortune 500 list of China's top 500 enterprises, considering the performance and achievements of Chinese listed enterprises worldwide in the past year. Far East Horizon ranked 354 on the list with an operating revenue of 29.04 billion yuan and 175 on the list with a net profit of 4.58 billion yuan. Since Far East Horizon first made the Fortune China 500 list in 2016, the company has been on the list for six consecutive years, and its ranking has maintained an upward trend.

 

 

 

 

The total operating revenue of the top 500 listed companies in China this year reached 53 trillion yuan, with an increase of 5% over last year; The net profit reached 4.3 trillion yuan, with an increase of about 2% over last year. However, due to COVID-19, compared with the list of the previous year, the rate of increase of listed companies' operating revenue and net profit sharply this year decreased sharply, and even 26 listed companies failed to make profits, with a total loss of about 167.5 billion yuan, two times the previous year.

 

A true hero must go against the decline trend. In 2020, Far East Horizon's operating revenue reached 29.04 billion yuan, with an increase of 8.1% over the previous year; The net profit reached more than 4.58 billion yuan, with an increase of 5.5% compared with the previous year. Its profitability has maintained several top spots on the list.

 

Among all kinds of innovative financial enterprises

Rank first

 

Among enterprises taking financial leasing as the main business

Rank first

 

Faced with the impact of COVID-19, Far Eastern Horizon Limited actively responded, timely adjusted business strategy, orderly promote operation guarantee, continued to deepen the "finance + industry" strategy, and resonated with the Chinese economy, once again realized the optimization of financial structure, steady growth, safe operation, stable profit and high-quality development. 

 

△Fortunechina.com shows FEH's performance maintains growing steadily

 

Adhering to the vision of "making great efforts to build an excellent enterprise", Far East Horizon always abides by the essence of the enterprise and keeps in mind the meaning of its own existence. As Kong Fanxing, vice chairman of the board of directors, executive director and chief executive of the company, said, an excellent enterprise is to continuously, effectively and constantly create value for all parties, and to become a platform for resource appreciation, a carrier for value creation, a magnet for absorbing resources and the goal of resource seeking. Looking back at the road we have traveled since moving south, Far East Horizon's unique understanding of "excellent enterprises" is the fundamental reason why the company survives today and avoids detours, and it can still effectively guide the company forward.

 

This year marks the 20th anniversary of Far East Horizon moving south to Shanghai and the 10th anniversary of the listing on Hong Kong Exchanges. At present, the development chain of the company's four major business formations is clear, the new round of organizational structure adjustment and operation is effective, and the iterative upgrading of management means is accelerated. The curtain of the development in the next decade has risen slowly. The only way to move forward is to forge ahead. In the future, Far East Horizon will adhere to the established strategy, be driven by innovation mode, comprehensively upgrade the service format around customers, and continue to make unique contributions to promoting China's industrial transformation and upgrading.