01.Far East Horizon Convened its 2022 Mid-Year Working Conference Themed “New Era, New Journey”

On July 18, Far East Horizon’s 2022 mid-year working conference of key positions was convened in Shanghai, attended by nearly 400 managerial employees of various business and functional directions. Represented by 27 general managers of traditional business, many business leaders holding the frontline participated in this video conference through over 30 branch venues across the country. 

In the first half of this year, Far East Horizon has taken its performance to a new height despite unfavorable circumstances. Vice Chairman of the Board, Executive Director and CEO of Far East Horizon Kong Fanxing said affectionately, “The ordinary people of Far East Horizon have created extraordinary achievements.” Opportunities and challenges exist side by side; we must find a way to resonate with the environment, stick to the existing strategy, continue to innovate our methods, always put operation safety first, give full play to the Company’s comparative differentiation advantage, and further upgrade its business model. 

02.Far East Horizon Signed Strategic Cooperation Agreement with Bank of China

On July 19, the signing ceremony of the strategic cooperation agreement between Far East Horizon and Bank of China, Shanghai Branch was held at Far East Horizon Plaza in Shanghai. The ceremony was attended and witnessed by Kong Fanxing (Vice Chairman of the Board, Executive Director and CEO of Far East Horizon) and Zhang Shouchuan (Secretary of the Party Committee and President of Bank of China, Shanghai Branch). Wang Mingzhe (Executive Director and CFO of Far East Horizon) and Zhang Xinyuan (member of the Party Committee and Vice President of Bank of China, Shanghai Branch) signed the agreement on behalf of the two parties. This agreement signing is an important milestone which begins a new chapter in the cooperation between Far East Horizo and Bank of China. The two parties will fully exploit their respective advantages and together make greater contributions to the high-quality development of China’s real economy.

03.Far East Horizon Entered the Forbes China 500 List for the 7th Consecutive Year

Recently, the 2022 Forbes China 500 list was released. With its outstanding comprehensive strength, Far East Horizon (03360.HK) entered the list for the 7th consecutive year, ranking No.367. In the “diversified investment, finance industry” sector, it ranked No.9. The fact that Far East Horizon made it to the list again means its value creation and development tenacity have once again been recognized by international authority. Previously, Far East Horizon has also been included in the Forbes Global 2000 List 2022, ranking No. 1412. Thus, it has entered the list for 6 consecutive years. 

04.East Horizon Celebrated the 25th Anniversary of Hong Kong’s Return to Motherland

2022 is the 25th birthday of the Hong Kong Special Administrative Region. All of Far East Horizon’s offices are decorated festively throughout the country, and employees in places including Hong Kong and Shanghai together celebrated the 25th anniversary of Hong Kong’s return to motherland in various ways, such as watching the flag-raising ceremony, attending association activities and organizing the Hong Kong Food Festival. 

As an enterprise registered and listed in Hong Kong, Far East Horizon has cut a conspicuous figure in the international market as Hong Kong’s economy takes off. At the strategic stage of “globalization of resources and globalization of operation,” Far East Horizon will fully exploit its integrated domestic and overseas operation layout and resource system advantages, and realize international development based on Hong Kong’s status as an international financial center, meanwhile giving play to Hong Kong’s role as a bridge to serve the development of physical industries by attracting resources and talent, providing financial and industrial services for mainland enterprises to “go out” and international capital to “go in”, and enjoying a prosperous future along with global partners. 

05.Far East Horizon Held Online Investor Day 

The first half of 2022 posed unprecedented challenges to domestic and international economies. Nevertheless, Far East Horizon tackled difficulties head on and managed to achieve steady and solid performance. On July 22, its 2022 Investor Day was held online in Hong Kong and Shanghai. The representative of Traditional Business Department as well as the persons in charge of Operation Center, Asset Center, Capital Center and Investor Relations Department communicated with over 200 attendees at home and aboard (including stock and bond investors, commercial banks and relevant cooperation partners), helped investors to deepen understanding of the Company’s operation mode and culture, and strengthened the capital market’s confidence in the Company’s “finance + industry” development strategy. 

06.Far East Horizon Participated in China (Jinan) International Solar Energy Utilization Conference with Cross-business Collaboration

From July 23-25, the Electronics & Information Department I of Far East Horizon and the New Energy Department of Horizon Construction Investment jointly participated in the 17th China (Jinan) International Solar Energy Utilization Conference and China (Shandong) International New Energy Industry Expo. Officially opened in 2007, this Expo is the largest regional solar energy industry expo in China. This year, with the theme of “golden sunshine, clean energy, carbon peaking & carbon neutrality, and green development,” it has attracted more than 500 enterprises at home and abroad to supply exhibits and over 50,000 person-times of audience.   

Through cross-business collaboration, Far East Horizon introduced its integrated financial services suitable for new energy enterprises as well as industry operation services including one-stop photovoltaic solutions to the audience on site, to enhance the Company’s influence in the field of photovoltaics with its “finance + industry” dual advantages, promote the high-quality development of the new energy industry, and contribute to the realization of carbon peaking & carbon neutrality goals. 

07.Horizon Construction Investment Won Bid to Two Projects in Chengdu and Qingdao

— Winning the bid of Chengdu Jinniu District Dabei District Group 2 Comprehensive Development Project Urban Partner+Operation Section II

Shanghai Horizon Construction Investment Co., Ltd., China Railway No.2 Engineering Group Co., Ltd. and China Railway Trust Co., Ltd. jointly won the bid to the second bid section of city partner + operation of the comprehensive development project of Second Cluster Area, Big North Region, Jinniu District, Chengdu City. With a total investment of 2.67 billion yuan and covering an area of about 220.64 mu, the project includes construction of residential area, middle school and kindergarten. Centering on city-industry integration and new urban construction, it is an important people’s livelihood project to optimize urban environment, perfect supporting facilities and improve residential space while following the logic of “people-city-industry.” As the second living environment improvement project implemented by Horizon Construction Investment in Chengdu, it adopts the city partner mode—completing investment, construction and operation together with owners to serve urban construction and upgrade.

— Horizon Construction Investment Won Bid to Qingdao Creative and Cultural Complex Construction Project

On July 7, the consortium of Shanghai Horizon Construction Investment Co., Ltd., Shanghai Baoye Group Corp., Ltd. and China Architecture Design & Research Group won the bid to the Qingdao creative and cultural complex construction project with an estimated total investment of 2.069 billion yuan and a total floor area of 147678 square meters. Once completed, this project will solve the office needs of enterprises settled in the park, and stimulate the vitality of the park with a full set of cultural supporting facilities provided. As the 6th project implemented by Shanghai Horizon Construction in Guangdong Province, it deepens the Company’s regional cultivation and enriches the types of local industries invested by the Company, thereby further enhancing the popularity and influence of Horizon Construction Investment in the field of infrastructure investment.

08.Horizon Construction Investment Rated as Special Grade by CMRA

Recently, China Construction Materials Rental Contractor Association organized the rating of framework scaffold leasing enterprises. After online examination and review by an expert panel, it was unanimously agreed that the various indexes of Horizon Construction Investment’s products meet the standards for special grade, and thus Horizon Construction Investment was rated as a special-grade framework scaffold leasing enterprise and a special-grade turnbuckle scaffold leasing enterprise.

In July, we have built up energy and embraced the new era; in August, we shall keep advancing towards the goal of excellence.