1. Signing of Strategic Cooperation Agreement between Fehorizon and Cambridge University Attended and Witnessed by CEO Kong Fanxing

On May 15, the signing ceremony of strategic cooperation agreement between Fehorizon and Lucy Cavendish College, Cambridge University was held at Far East Horizon Plaza in Shanghai, attended and witnessed by Mr. Kong Fanxing, Chairman, Executive Director and CEO of Fehorizon. The Agreement was signed between Mr. Wang Mingzhe (Executive Director and CFO of Fehorizon) and Dame Professor Madeleine Atkins (Principal of Lucy Cavendish College and Vice-Chancellor of Cambridge University) on behalf of the two parties.

Through strategic cooperation, Fehorizon will further enrich the paths to top universities of the world for graduates of Horizon Education, introduce advanced education ideas and quality overseas education resources from world-class universities, and cultivate elite talent capable of contributing to the society, making scientific innovations and competing in the international arena. Meanwhile, Fehorizon will also give play to its “finance + industry” advantages, contribute to the continuous development of Lucy Cavendish College, Cambridge University, and help it to cultivate a new generation of talent with entrepreneurship and cultural tolerance facing the world.

2. CEO Kong Fanxing Emphasized “Marketization, Internationalization, and Specialization” Combined with “Dual Services” to Establish differentiated competitive advantages during Symposiums at Fehorizon Offices

Fehorizon’s Chairman, Executive Director and CEO Mr. Kong Fanxing and his party visited the offices in Chengdu, Guiyang and Chongqing from April 17-21 and the offices in Zhengzhou and Urumchi from May 16-18 for investigation and research symposium. Mr. Kong pointed out that, backed by the strategic positioning of “Backed by Mainland, Based in Hong Kong, Influencing Southeast Asia,” the Company should give full play to its globalized resource advantages, have a profound understanding of “marketization, internationalization, and specialization,” and expand the concept of “dual services”—serving both enterprises and entrepreneurs, so as to establish differentiated competitive advantages.

3. Successful listing of Horizon Construction Development (09930.HK) on the Main Board of HKSE

May 25 witnessed a historical moment of Horizon Construction Development Limited (Horizon Construction Development)—a whole-new journey has begun as it was officially listed on the main board of Hong Kong Stock Exchange with the stock code 09930.HK. Horizon Construction Development is an integrated equipment operation service provider under Fehorizon. In 2022, it ranked first in China and 14th worldwide in the International Rental News Top 100 (IRN100) list. As Fehorizon’s first independent industrial company to enter the international capital market, the successful listing of Horizon Construction Development is proof of the correctness and foresightedness of Fehorizon’s “finance + industry” strategy. 

4. Vice Mayor of Guangzhou Mr. Lai Zhihong Visited the Hong Kong Headquarters of Far East Horizon

Recently, Far East Horizon’s Assistant President Mr. Xu Huibin and VP Mr. Zhang Ye met with Vice Mayor of Guangzhou Mr. Lai Zhihong, head of Guangzhou Municipal Local Financial Supervision and Administration Bureau Mr. Qiu Yitong, etc. The two parties carried out in-depth exchanges regarding Far East Horizon’s business layout in the Guangdong-Hong Kong-Macao Greater Bay Area and its cooperation with Guangzhou in fields including equity development, asset revitalization, SME financing and industrial structure upgrading.

As the nearest operation center of Far East Horizon to its Hong Kong headquarters with influence throughout South China, the Guangzhou Operation Center of Far East Horizon has been officially established in Nansha, Guangzhou since this April. In the same month of approval, the Company was established and realized business operation. The establishment of Far East Horizon’s Guangzhou Operation Center can promote the ecological construction of Guangzhou’s leasing economy. Furthermore, based on the Company’s “finance + industry” advantages, it can propel the upgrading of Guangzhou’s industrial structure and provide good services to the Guangdong-Hong Kong-Macao Greater Bay Area.

5. Fehorizon Signed Strategic Cooperation Agreement with Multiple Partners

01. Fehorizon Signed Strategic Cooperation Agreement with Bank of Jiangsu

On May 16, the signing ceremony of strategic agreement between Far East Horizon Limited and Bank of Jiangsu Co., Ltd. was held at the Far East Horizon Plaza in Shanghai. The ceremony was attended and witnessed by Wang Mingzhe (Executive Director and CFO of Fehorizon), Zhao Haishan (General Manager of Strategic Account Department of the head office of Bank of Jiangsu), and Shen Xiaochi (secretary of the Party committee and President of the Shanghai Branch). The agreement was signed by Sun Sheng (Senior Director of the Capital Center of Fehorizon) and Zhang Chunsheng (member of the Party committee and Vice President of the Shanghai Branch of Bank of Jiangsu) on behalf of the two parties. Fehorizon has maintained closed cooperation with Bank of Jiangsu over the years. This time, the upgrade of strategic cooperation will give further play to their respective advantages, expand the scope and fields of cooperation, and bring bank-enterprise cooperation to the next level, so that both parties can together serve the high-quality development real economy.

02.Strategic Cooperation Agreement on Green Fund Signed between Fehorizon and TCC Capital

Recently, a strategic cooperation agreement was signed in Hong Kong between Fehorizon Infrastructure and Far East Horizon International under Far East Horizon and Hong Kong TCC Capital Investment Management Company Limited. According to the agreement, based on resource sharing, the three parties will conduct in-depth and diversified cooperation in the area of green infrastructure in relevant countries or regions including mainland China, Hong Kong (China) and Southeast Asia, to promote the realization of win-win development. It is planned to set up a green infrastructure fund with a target size of 1 billion US dollars, to focus on investment in relevant fields such as distributed photovoltaic power station, stored energy, integrated energy and charging pile.

03.Strategic Cooperation Agreement Signed between Fehorizon AMC and Tianjin Dongijang Industrial Park Company

On May 10, the signing ceremony of strategic agreement between Fehorizon AMC and Tianjin Dongijang Industrial Park Company was held in Tianjin. The agreement was signed by General Manager Li Yuyou of Hongjie Asset Management Co., Ltd. and Chairman Guo Qiuyuan of Tianjin Dong Jiang Industrial Park Investment and Operation Co., Ltd. on behalf of the two parties. The signing ceremony was attended and witnessed by leaders including Xu Huibin (Assistant President of Fehorizon), Shen Liwei (General Manager of Capital Center), Yang Liu (Secretary of the Party committee and Director of the Administrative Committee of Tianjin Dongijang Bonded Harbor Area), Li Gongliang (member of the standing committee of the Party committee and Deputy Director of the Administrative Committee of Dongjiang), etc. This agreement signing is an important step for the actual implementation of the strategic cooperation agreement signed between Fehorizon and Dongjiang Administrative Committee during the Tianjin (Hong Kong) Investment Environment Conference this February, which signifies that the cooperation between Fehorizon AMC and Dongjiang Industrial Park Company has entered a substantive stage; in the future, both parties will carry out in-depth cooperation in areas including revitalization of stock assets and investment in special opportunities.

6. Fehorizon Leasing and Fehorizon Infrastructure Jointly Participated in the 16th (2023) International Photovoltaic Power Generation and Smart Energy Conference & Exhibition

From May 24-26, Fehorizon Leasing’s Electronics & Information Department I and II and Fehorizon Infrastructure’s New Energy Department jointly participated in the 16th (2023) International Photovoltaic Power Generation and Smart Energy Conference & Exhibition.

Since 2007, this Exhibition has become one of the most influential international, professional and large-scale photovoltaic power events of China and even the world. This year, more than 3000 enterprises from 95 countries and regions around the world participated in the Exhibition, with an audience attendance of 500,000. Fehorizon Leasing and Fehorizon Infrastructure jointly participated in the event, to fully exploit the dual advantages of Fehorizon in “finance + industry,” introduce the one-stop solution integrating “investment, financing, construction and operation” for new energy enterprises to the visitors, discuss future cooperation directions with many new energy industry chain enterprises, and fully demonstrate the Company’s expertise and influence in new energy business. In the future, Fehorizon will actively implement the concept of “carbon peaking and carbon neutrality” and promote the high-quality development of the new energy industry.

7. District Head Li Liang of Wuhua District, Kunming, Yunnan Visited Far East Horizon Plaza

Recently, District Head Li Liang of the People’s Government of Wuhua District, Kunming, Yunnan Province and his party visited Far East Horizon Plaza, and were received by General Manager Wu Lingfeng of Fehorizon Infrastructure along with others from relevant departments. At the meeting, both parties conducted in-depth exchange and discussion regarding the urban development planning and recent main projects of Wuhua District based on the business areas of Fehorizon Infrastructure. District Head Li affirmed the achievements of both parties through cooperation on the Kunming 28th Middle School project under construction, and looked into the future of project construction and subsequent cooperation. Wu Lingfeng emphatically introduced the new thoughts and new modes of Fehorizon Infrastructure for participating in local infrastructure investment and serving urban upgrade under the guidance of new policies and the new economic situation, hoping that it can establish good relations of long-term cooperation with the government of Wuhua District and contribute to regional development.

8. Application for SSE Main Board IPO of FE Fund-Invested Enterprise Tianhe Magnetics Passed the Meeting of the Listing Committee of SSE

On May 11, the application for IPO on the main board of Shanghai Stock Exchange of Baotou Tianhe Magnetics Technology Co., Ltd. (Tianhe Magnetics)—an enterprise invested by FE Fund—was passed at the meeting of the Listing Committee of Shanghai Stock Exchange. Established in 2008, Tianhe Magnetics is a national high-tech enterprise specializing in the R&D, production and sales of high-performance rare earth permanent magnet materials. Focusing on the needs for green energy, efficient energy use, lightweight equipment and miniature devices in the downstream new energy vehicle industry and terminal fields including auto parts, wind power generation, energy-efficient home appliances and consumer electronics, it has developed core technologies such as multicomponent regulation, grain boundary diffusion and magnet with low eddy-current loss. The overall product performance and core technologies of Tianhe Magnetics are up to the advanced standard of China. 

9. Grand Flight Won Multiple Industry Heavyweight Awards

On May 19, the CVINFO 2022 List of China VC Firms & Private Equity Investment (CVAwards) was officially revealed. Over the years, Grand Flight has remained on the list consecutively with ranking increasing by the year. This time, it won the “CV 2022 TOP50 China Enterprise Direct Investment” and “CV 2022 TOP100 China Venture Capital Institutions.”

Also, Chinese Venture released its 2023 List of Best Young Investors, and Grand Flight’s medical fund partner Gao Ying received the title of “Chinese Venture 2023 Best Young Investor.”

10. Successfully Piloting of Horizon Healthcare’s Reproductive Medicine Discipline in Multiple Member Hospitals

In order to help reproductively challenged families to solve fertility problems, Horizon Healthcare has officially started its reproductive medicine discipline. On the basis of an extensive business layout, Horizon Healthcare offers one-stop medical services to reproductively challenged families by forming an online & offline healthcare system with renowned experts and departments of specialized hospitals in first-tier cities. 

At present, the reproductive medicine discipline of Horizon Healthcare has been successfully piloted in its member hospitals—the TCM Hospital of Siyang County, the Pizhou Dongda Hospital and the TCM Hospital of Zhecheng County. Meanwhile, backed by the quality resources of Horizon Healthcare, the TCM Hospital of Siyang County and the TCM Hospital of Zhecheng County have formed a medical specialist alliance with the Reproductive Medicine Center of Shanghai East Hospital, Tongji University, and relevant clinics have been established to save regional assisted reproduction patients the trouble of traveling to and fro between two cities and thus relieve their financial burden. To promote the construction of a healthcare service ecosystem with hospital as the center, Horizon Healthcare is continuously enhancing the connection between medical resources in first-tier and second-tier cities and services for local patients, accelerating the competition of multiple specialties, and further meeting the diversified and multi-layered healthcare needs of local people.