Part 1 Agreements Signed on the Spot

Far East Horizon Attended Tianjin (Hong Kong) Investment Environment Conference upon Invitation

On February 20, the Tianjin (Hong Kong) Investment Environment Conference was held at the Hong Kong Convention and Exhibition Center, and Far East Horizon attended the Conference upon invitation as representative of Hong Kong enterprises investing in Tianjin. Lee Ka-chiu, Chief Executive of the Hong Kong Special Administrative Region, delivered a speech at the conference by video. At the conference, Assistant President Xu Huibin of Far East Horizon signed the strategic cooperation framework agreement as the Company’s representative with Tianjin Dongjiang Comprehensive Bonded Zone. As Hong Kong’s connection with mainland China and the world enters the new stage of full recovery, Far East Horizon will utilize its resource network of global coverage to establish a bridge for bi-directional communication and exchange and further boost the high-quality development of its clients and partners at home and abroad.

Part 2 Joint Agreement Signing

Horizon Construction Development Held 2023 Aerial Vehicle Strategic Cooperation Signing Ceremony

On February 3, Far East Horizon’s integrated equipment operation service provider Horizon Construction Development held the 2023 aerial vehicle strategic cooperation signing ceremony in Shanghai, which is the first time that Horizon Construction Development signs a strategic cooperation agreement with its domestic partners in the aerial vehicle manufacturing industry. Leaders from various companies gathered together at Far East Horizon Plaza, including General Manager Pan Yang, CFO Tangli and Assistant General Manager Li Ming of Horizon Construction Development, Vice General Manager Su Kun of XCMG Fire-Fighting, Vice General Manager Yang Aihua of Zoomlion Aerial Work Machinery, General Manager Wan Houfu and Assistant General Manager Fu Zhiguo of LGMG, and Domestic Sales Director Xiang Cunyun of Zhejiang Dingli Machinery. Together, they envisioned the prospects of the aerial vehicle market in 2023, and joined hands to promote the entire engineering equipment industry of China to the next level.

Part 3 Joined Forces for Strengthened Collaboration

Horizon Healthcare Signed a Strategic Cooperation Agreement with GE Healthcare

Recently, Horizon Healthcare signed a strategic cooperation agreement with GE Medical Systems (China) Co., Ltd (GE Healthcare) in Shanghai. The agreement was signed by Vice President of Far East Horizon and General Manager of Horizon Healthcare Li Jiancheng and Vice President and General Manager of Non-public Business Division of GE Healthcare Dai Hongdong on behalf of the two parties.

Subsequently, Horizon Healthcare and GE Healthcare will carry out in-depth cooperation in areas including centralized purchasing of equipment, technical services, and industry-university-research exchanges, and together enhance cooperation and innovation in the healthcare industry and medical institutions on the basis of Horizon Healthcare’s extensive healthcare business layout, to form a leading fine cooperation mode and promote the application of advanced diagnosis and treatment protocols and technologies in grass-roots institutions.

Part 4 Investment Made

Grand Flight Led an RMB 100 Million Series Pre-A financing of TCab

Recently, Shanghai TCab Technology Co., Ltd. (TCab Tech) announced completion of its series Pre-A financing of RMB 100 million. This financing round was led by Grand Flight and followed by Kunlun Capital, KIP Capital and old shareholders including BlueRun Ventures and Decent Capital. TCab Tech is a high-tech enterprise dedicated to the R&D and manufacturing of eVTOL aircrafts, and “TCab” means “time cab.” Based on safe and reliable air technology and intelligent algorithm, TCab is devoted to creating a green and sustainable digital ecosystem of three-dimensional traffic, and providing safe and convenient air travel service for the society. This round of financing provides sufficient capital for the development, manufacturing and flight testing of the E20eVTOL prototype.

Part 5 Additional Investment

FE Fund Further Invested in Insight Lifetech, Leading Enterprise of Cardiovascular Precision Intervention

Recently, FE Fund completed its additional investment into Shenzhen Insight Lifetech Co., Ltd. (Insight Lifetech). The innovative FFR system and IVUS system of Insight Lifetech, both qualified for the national special procedures for examination & approval of innovative medical devices, have broken China’s dependence on imported products in this field, thereby making the enterprise the first and only domestic medical technology company with a cardiovascular intracavity functional & imaging product portfolio. The National Medical Products Administration speaks highly of Insight Lifetech’s FFR system, referring to it as “an international leading product and the first in China to fill in the blank of China’s gold standard FFR measurement technology.”

Part 6 Winning the First Battle

Hong Wen School Shanghai Campus’ First Class of Graduates Scored Offer from Cambridge University

Recently, reports of fresh success kept pouring in from the graduating class of Hong Wen School under Far East Horizon. At the early application stage, its three campuses (Shanghai, Qingdao and the UK) have reaped many offers from Oxford University and Cambridge University. Among them, the Shanghai Campus’ first class of graduates have delivered the most impressive results with Cambridge University’s pre-admission notice. Based on the correct extension of the “finance + industry” strategy and the rich management experience of Far East Horizon, the Hong Wen School proactively implements “three-campus integration” in practice for resources and advantages to penetrate and run through the system, so as to provide a powerful guarantee for its students to enter higher grade schools.

Part 7 Win-Win Collaboration

Delegation from the People’s Government of Qingyang District, Chengdu Visited Far East Horizon

On February 7, a delegation led by Mr. Feng Sheng, head of Qingyang District, Chengdu visited Far East Horizon, and was received by General Manager Wu Lingfeng of Fe horizon Infrastructure and General Manager Mao Tianxiang of Public Utilities Department II of Fe horizon Leasing. At the meeting, both parties conducted exchanges regarding the healthcare industrial park and organic urban renewal of Qingyang District, and achieved intent of cooperation. Adhering to the development idea of “finance + industry,” Far East Horizon targets the different needs of the government and urban development, develops flexible cooperation modes and solutions, and introduces successful experience in areas including city operation, guidance on fund establishment, PE/VC investment, FDI and wellness, to serve urban upgrade in an all-round manner.

Part 8 Win-Win Collaboration

Fe horizon Infrastructure’s Shandong Jianzhu University Project Started “90 Days to End the Battle with Victory” Labor Competition

Recently, Shandong Jianzhu University’s industry-university-research base (Yantai) Phase I project (Fe horizon Infrastructure is involved in the investment in and operation of this project) started a labor competition themed “90 Days to End the Battle with Victory.” Since the launching of this project in 2022, pre-set construction targets have been completed ahead of schedule, and every single building in the project has been roofed successfully. Decoration and various subsequent work have been pushed forward in an orderly manner. Meanwhile, the library information center has received the award of “2022 Quality Structural Engineering of Shandong Province” and yielded good social results. According to estimation, the filing of as-built inspection of this project will be completed by August 30 to guarantee smooth school opening. Upon completion, it will become a new booster for the aggregation of intelligent resources, the transformation of scientific and technological achievements, and the innovation-driven development of Yantai’s Huang-Bohai New Area.

In February, we seek cooperation proactively and embark on a new journey hand in hand with our partners; in March, we shall keep advancing towards the goal of exc