On July 19, the signing ceremony of the strategic cooperation agreement between Far East Horizon and the Shanghai branch of the Bank of China was held at the Far East Horizon Plaza in Shanghai, attended and witnessed by Vice Chairman, Executive Director and CEO of Far East Horizon Kong Fanxing and Secretary of the Party Committee and President of the Shanghai branch of the Bank of China Zhang Shouchuan. The agreement was signed by Executive Director and CFO of Far East Horizon Wang Mingzhe and member of the Party Committee and Vice President of the Shanghai branch of the Bank of China Zhang Xinyuan on behalf of the two parties. 

Signing ceremony

Since the establishment of credit relations between Far East Horizon and the Bank of China in 2005, they have been going forward hand in hand with continuously deepened cooperation. This agreement signing is an important millstone in the cooperation of Far East Horizon and the Bank of China over the years. At the whole-new stage of cooperation, the two parties will give full play to their respective advantages, and together make their due contribution to the high-quality development of China’s real economy. With joined efforts and concerted efforts, Far East Horizon and the Bank of China will usher in a bright future. 

At the signing ceremony, President Kong Fanxing thanked the Bank of China for its long-term recognition of and support for Far East Horizon. After nearly two decades of cooperation, the credit-extension share has continued to expand, and pragmatic cooperation has been carried out with fruitful results in full swing in fields such as the financial market, international settlement, bond underwriting & distribution, trusteeship, money management & investment, financial wealth and salary payment service. 

President Kong Fanxing made a speech

Over the years, Far East Horizon has always maintained a steady development trend with systematic management and globalized operation, and served the real economy unswervingly. With mutually complementary business modes, Far East Horizon and the Bank of China have been interacting in a coordinated manner to together serve urban upgrading and industrial upgrading. President Kong expressed that Far East Horizon looks forward to more comprehensive and deepened enterprise-bank cooperation in the future; on the basis of successful traditional services, the two parties will cooperate on forming a new layout, further enhance reciprocity and mutual trust, and promote all-round strategic cooperation to achieve new breakthroughs and new stages. 

President Zhang Shouchuan thanked Far East Horizon for its trust in and support for the Bank of China over the years, and expressed his excitement over the development course and corporate culture of Far East Horizon and approval for the Company’s prudent compliance management policy and its idea of serving real economy and staying in line with national strategies. According to President Zhang, the Bank of China has always regarded Far East Horizon as an important strategic cooperation partner; in the future, it will continue to fully exploit the globalization and integration advantages of the Bank of China and actively support Far East Horizon’s strategy of development driven by “finance + industry.” It is hoped that both parties can continue to carry out in-depth cooperation and exploration in strategic business aspects such as green finance, inclusive finance, rural revitalization and international business, maximize their respective advantages, further enrich cooperation modes, enhance business interaction, and realize a coordinated and win-win situation.

President Zhang Shouchuan made a speech

Relevant departments' heads of both parties and leaders of relevant branches and sub-branches attended the event.

Group photo of leaders attending the ceremony