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[Monthly News] January Upgrade on New Location of Far East Horizon’s Hong Kong Headquarters and Strengthened Cooperation with ADB
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2023-01-31



1.Grand Opening of New Office Location of Far East Horizon’s Hong Kong Headquarters





On January 26, i.e., the fifth day of the first month of the Lunar Year, the Hong Kong headquarters of Far East Horizon held the opening ceremony of its new office location at International Commerce Centre, Kowloon, Hong Kong. The new nameplate was unveiled by Mr. Kong Fanxing, Vice Chairman of the Board of Directors, Executive Director and CEO of Far East Horizon, together with Senior Vice President Cao Jian, Vice President Wang Ruisheng, General Manager of Horizon Construction Development Pan Yang, VP of Far East Horizon and General Manager of Overseas Business Department Zhang Ye. Zhang Quanquan, General Manager of Investor Relations Department and Head of Administrative Affairs of the Hong Kong office, officiated the ceremony and attended the celebrations along with representatives of the Hong Kong staff. The opening of the new office location marks a new dawn in Far East Horizon’s history. Taking this as an opportunity, Far East Horizon will continue to bring its globalization strategy to the next level.


 

2.Adhering to Far East Spirit, Carrying on Self-iteration—2022 Year-end Working Conference of Far East Horizon





On January 17, Far East Horizon’s 2022 year-end working conference of key positions was convened in Shanghai with “adhering to Far East spirit, carrying on self-iteration” as the theme, attended by over 350 managerial employees of various business and functional directions, to inherit and renew the Far East spirit and together seek the path of iteration for the Company.




 

Looking back on 2022, a year full of risks and challenges, CEO Kong first expressed sincere thanks to the people of Far East Horizon fighting side by side—the fact that the Company managed to maintain steady business performance throughout the year is rather rare given the complexity of the current environment. Facing 2023, a year full of uncertainties, CEO Kong appealed to all people of Far East Horizon to act confidently, courageously and responsibly, refuse to give up, and keep marching forward.



3.Far East Horizon and ADB Together Raising Foreign Capital to Improve Healthcare in Rural China


Recently, the Asian Development Bank (ADB) has provided Far East Horizon with a financing scheme of 145 million US dollars as bookrunning mandated lead arranger, and the funds will be devoted to providing equipment financing leasing for public hospitals in China and improving medical services in rural and remote areas. This financing scheme includes the ADB’s $85 million B co-financing deal with the SMBC Singapore Branch and the Korea Development Bank, as well as $60 million of parallel loans from the Bank of China’s Singapore Branch and Tokyo Branch. In the future, Far East Horizon will give full play to its role as bridge and bond in integrating operations at home and abroad, introduce capital and advanced technologies with a global perspective, and do its best to promote China’s socio-economic development of high quality.





4.Industry-First “Pearl Bonds”—Far East Horizon’s Debut in the FTZ Bond Market


Recently, International Far Eastern Leasing Co., Ltd.—Far East Horizon’s core subsidiary in finance—successfully issued the first FTZ offshore bonds (“pearl bonds”) of the financial leasing industry with a term of 3 years and a size of RMB 600 million, listed on the Macao Financial Assets Exchange.





Meanwhile, the 2023 corporate bonds of International Far Eastern Leasing Co., Ltd. that are publicly offered to professional investors (Phase I) (sustainability-linked) were successfully issued in the Shanghai Stock Exchange, which are the first sustainability-linked corporate bonds pegged to indicators in multiple fields (green and inclusive finance) in the market. In active response to the “carbon peaking and carbon neutrality” goal, Far East Horizon thoroughly implements sustainable development, and continuously promotes exploration and practice of leasing business in green finance and among micro and small enterprises.



5.Horizon Healthcare’s Member Hospital Covered by CCTV News for Increasing Treatment Capacity with Multiple Measures Adopted Simultaneously


As China shifts the focus of its epidemic prevention and control work, Horizon Healthcare has responded actively, striving to guarantee the health of the masses with over 30 member hospitals and more than 10,000 medical workers. In December 2022 alone, more than 550,000 person-times of patients have been received at the front-line departments of Horizon Healthcare’s member hospitals, including fever clinic, department of pediatrics, department of respiratory medicine, and emergency department. Under manifold pressures including increasing febrile patients, infection among medical workers and surging needs of emergency treatment, medical treatment processes are adjusted and relevant diagnosis and treatment services are perfected constantly, and relevant staff have stuck to their posts with multiple measures adopted simultaneously, so as to give better treatment to patients in third-, fourth- and fifth-tier cities and counties.





Meizhou Tieluqiao Hospital, one of the member hospitals, has put up a convenience fever clinic quickly. In addition to providing convenient services for patients with mild symptoms, more importantly, this measure has saved limited diagnosis and treatment resources for patients with background diseases and more serious cases, and improved the hospital’s tiered and classified diagnosis and treatment service ability. This innovative measure of Meizhou Tieluqiao Hospital that “puts patients first” has been highly recognized by all sectors of the society. It was specifically covered by many media platforms of Guangdong Province, and even made it to the CCTV News, as a reflection of the sense of responsibility of non-public hospitals.



6.The signing ceremony of strategic cooperation between Horizon Healthcare and Mindray





On January 11, the signing ceremony of strategic cooperation between Horizon Healthcare and Mindray was held in Shenzhen, Guangdong. The strategic cooperation ceremony was attended by Mr. Li Jiancheng (Vice President of Far East Horizon and General Manager of Horizon Healthcare), Mr. Zhang Yun (General Manager of Mindray’s Non-public Client Department) and other leaders. This time, both parties will carry out cooperation in fields including central purchasing of equipment, technical services, joint development and training base, which is of significant importance in promoting the innovation of non-public healthcare as well as the high-quality development of county-level medical institutions. Subsequently, Horizon Healthcare will continue to provide an even richer selection of innovative medical products and solutions, exploit more diversified paths of industry-university-research cooperation, support the efficient development of hospitals, and provide the masses with high-quality medical services.



7.Good news ! Grand Flight received many awards in 2022 

 

 Recently, the much anticipated CV 2022 “China Equity Investment List” and CVCRI 2022 China Venture Capital Annual List · Golden Investment Prize List · Year-End List were finally revealed. Due to its all-round achievements in fundraising, investment, management and withdrawal in 2022, Grand Flight is once again included in the two main lists, which demonstrates its investment strength and brand value. Also, China Venture Capital Research Institute has rated Grand Flight as “2022 China VC Investment Institutions Most Welcomed by LP TOP 30.”





At the same time, IPO ZaoZhiDao released “2022 Best IPO Investment Institutions Top 100,” and this list has been issued for three years. Meanwhile, “2022 Best Investment Institutions” and “2022 Best IPO Service Providers” were also released. Grand Flight received awards including “2022 Most Promising CVC” and “Best Healthcare Investment Institution.”




8. The Yan-Yan Line project of Fehorizon Infrastructure




On January 13, Yan’an City, Shaanxi Province suffered a sudden heavy snow, and the local government immediately organized the Yan-Yan Line project company under Fehorizon Infrastructure to launch the contingency plan. The quick completion of systematic snow removing work has effectively guaranteed road traffic safety and the people’s life and property, and is highly recognized by the government and the people. This project is rated as a provincial-level PPP demonstration project, and Shanghai Horizon Construction Investment Co., Ltd. is in charge of project investment, construction and operation as social capital. So far, the project has been operated for five years, and the project company has established a standardized and programmed operation and maintenance management mechanism, dealt with emergencies comprehensively and efficiently for many times, and contributed to the orderly operation and development of local economy.