Recently, the Far East Horizon 2022 Investor Day went off well. More than 200 Chinese and overseas institutional investors, commercial banks and cooperative partners participated through “livestreaming + teleconferencing + simultaneous interpreting” and conducted in-depth exchanges on financial business, risk management and asset management system under the pandemic. 

This year, the Investor Day event was for the first time held at two venues in Hong Kong and Shanghai, and attended by managerial personnel of Far East Horizon from Shanghai and Hong Kong, including General Manager Wu Lingfeng of Public Utilities Department II, General Manager Gu Jianjian of Equipment & Manufacturing Department III, Deputy General Manager Dai Yong of Operation Center, Co-General Manager Yang Yongjun and Liwei of Asset Center, General Manager Shen Liwei of Capital Center and General Manager Zhang Quanquan of Investor Relations Department.

△Far East Horizon 2022 Investor Day
Dual venues in Hong Kong and Shanghai

1.Delving into industry and providing integrated fanatical services 

Over the years, Far East Horizon has insisted on the business mode of “finance + industry” and continued to delve into the nine main industries concerning national economy and people’s livelihood. As the “bedrock” of the Company’s financial services, the 27 traditional business departments of Far East Horizon are closely based on the real economy and continue to enrich the forms of services, improve service abilities, and accelerate iteration and upgrading. 

In the event, General Manager Wu Lingfeng of Public Utilities Department II and General Manager Gu Jianjian of Equipment & Manufacturing Department III first introduced the general situation of their respective business sectors, their understanding of the industry and responses to COVID-19, to give investors a deeper understanding of the Company’s traditional business. Among these sectors, the urban utilities business is committed to customizing financial solutions for enterprises in fields including urban public works and operations, and devoted to promoting the continuous perfection of urban public utilizes and services in China. As an important strategic direction of the Company, the equipment & manufacturing business focuses on three core fields including metallic materials, automobile industry and machinery, maximizes the advantages of the “finance + industry” business mode, taps potential business opportunities in the industry, offers diversified services and satisfies the customization needs of clients.

Left: General Manager Wu Lingfeng of Public Utilities Department II
Right: General Manager Gu Jianjian of Equipment & Manufacturing Department III

2.Keeping a foothold in industry and reinforcing total risk management

Risk control is the key to financial business. As the first enterprise in the industry to establish and utilize the A-F risk control system, Far East Horizon’s risk management ability keeps abreast of the times. On the Investor Day, Deputy General Manager Dai Yong of Operation Center told investors that the Company abides by the policy of “whole process, all directions, multiple angles and no interruption” and conducts streamlined promoting, matrix management and professional operations of projects through due diligence, appraisal & review and evaluation & management before, during and after. 

Despite the impact of COVID-19 in the first half of this year, Far East Horizon still managed to maintain sound asset quality, which once again proves the effectiveness of the Company’s total risk management system. Dai Yong expressed that, facing the complex domestic and international situations, Far East Horizon will adhere to the strategy of global operation, strengthened management, integrative coordination and timely adjustment, continue its intensive and meticulous efforts, update and optimize its operating system, and guarantee better business development.

△ Deputy General Manager Dai Yong of Operation Center

3.Confronting the pandemic and perfecting asset management system

Subsequently, Co-General Manager Yang Yongjun of Asset Center made an introduction to the Company’s asset management system. As an important part of Far East Horizon’s total risk management, the Asset Center is mainly responsible for the construction and implementation of the asset management system after leasing. The Company’s comprehensive and well-rounded management system, in-depth and accurate methods and tactics, rich and diversified resource construction and continuously improved ability cultivation have forged a solid protection wall against shocks of the external environment. In the first half of 2022, the Asset Center’s quick responses to the repeated outbreaks of COVID-19 have practically and effectively guaranteed the steadiness of asset quality. 

△Co-General Manager Yang Yongjun and Li Wei of Asset Center

Earlier this year, the fluctuations in the external environment and the intensified trials brought by repeated COVID-19 outbreaks have posed many challenges to economic development and business operation. On the Investor Day, the representative present at the meeting told investors: facing the sudden outbreak and lockdown of Shanghai in the second quarter, Vice Chairman, Executive Director and CEO of Far East Horizon Kong Fanxing decided instantly and took the lead to stay at the Company building along with the management and functional departments until the lockdown was lifted, sparing no effort to maintain the normal operation of Far East Horizon and provide sufficient support for the business personnel fighting at the frontline. 

Under the premise of safety, the people of Far East Horizon kept running proactively and gave full play to the advantages of its nationwide layout, so as to carry business forward flexibly and guarantee the safety of assets, which demonstrated their courage to face up to difficulties and relentless spirit. God helps those who help themselves. Because Far East Horizon scrupulously abides by its original aspiration, looks for certainty amid uncertainty, and adapts itself constantly to the environment, it has managed to achieve performance growth and continued upgrading of strategic connotations despite the unfavorable conditions in the first half of 2022. 

△General Manager Shen Liwei of Capital Center talked to investors online

During the Q&A session in the end, analysts and investors from China and aboard carried out in-depth exchanges with the Company on issues regarding business development, risk management and asset situation against the backdrop of the pandemic, and affirmed the vigorous efforts and fruitful results of Far East Horizon in fighting COVID-19 in the first half of this year. 

As a Hong Kong-listed company, Far East Horizon has now gradually entered the new development stage of “integration of global resources and globalization of operation”. In the future, Far East Horizon will follow national strategies closely, realize international development based on Hong Kong the international financial center, continue to upgrade its system, continue to satisfy client needs of greater span, more dimensions and wider areas, and actively practice the corporate mission of “integrating global resources and promoting industry development.”