On July 6, Chairman, Executive Director and CEO of Fehorizon Mr. Kong Fanxing met with member of the standing committee of the municipal Party committee of Wuxi and Secretary of the municipal Party committee of Jiangyin Mr. Xu Feng and his party at Far East Horizon Plaza in Shanghai. Not long ago, a framework agreement for strategic cooperation was just signed between Fehorizon’s FE Fund and the government fund of Jiangyin and Jiangyin High-Tech Zone, to jointly initiate and set up a pan-semiconductor industry fund with a total size of 1 billion yuan. Through this meeting, both parties carried out in-depth exchanges regarding maximization of their respective advantages and joint efforts to promote the high-quality development of Jiangyin’s economy.

▲ Secretary Xu, etc. visited Fehorizon’s culture gallery

Secretary Xu Feng and his party were warmly received by CEO Kong Fanxing. According to Mr. Kong, with “integrating global resources and promoting industry development” as its mission, Fehorizon adheres to the idea of “serving urban upgrade and industrial upgrade,” and remains devoted to serving the development of real economy over the years. Mr. Kong pointed out that thanks to the strong economic strength and good business environment of Jiangyin City, the cooperation between Fehorizon and Jiangyin has yielded fruitful results. In the future, Fehorizon will continue to give full play to its “marketized, internationalized and specialized” features and help Jiangyin to make new breakthroughs with high-end industries. Both parties look forward to further expanding the scope and increasing the depth of cooperation and realizing win-win development.

▲CEO Kong Fanxing spoke at the meeting

Secretary Xu Feng expressed thanks for the support given by Fehorizon to Jiangyin, and introduced the economic and social development situation of Jiangyin. At present, surrounding the “345” modern industrial system, Jiangyin is empowering its industry with science and technology, and accelerating intellectualized reconstruction, digital transformation and green improvement. The industry revitalization, energy level improvement and qualitative change of the geographical position of Jiangyin is accelerating, which is highly consistent with Fehorizon’s idea of “serving urban upgrade and industrial upgrade” and advantages. By further strengthening its cooperation with Fehorizon, Jiangyin hopes to step up the momentum of empowerment, attract more quality resources, talent and projects, and achieve more high-end industry, more enthusiastic innovation and a more beautiful city.

▲Secretary Xu spoke at the meeting

The meeting was attended by leaders including Gu Wenyu (member of the standing committee of the municipal Party committee of Jiangyin, Deputy Secretary of the Party working committee and Deputy Director of the administrative committee of Jiangyin High-Tech Zone), Shi Ping (Vice Chairman of the municipal committee of CPPCC and Director of the Bureau of Commerce of Jiangyin), Guo Cheng (member of the Party group of the municipal committee of CPPCC and Director of the municipal Party committee office of Jiangyin), Ren Shanfeng (Deputy Director of the municipal Party committee office of Jiangyin), Miao Hengbin and Hong Yunfeng (Deputy Director of the Investment Promotion Bureau of Jiangyin High-Tech Zone); Cao Jian (Executive Director and Senior Vice President of Fehorizon), Zhang Ye (VP of Fehorizon), Mao Tianxiang (General Manager of Public Utilities Department II), Wu Lingfeng (General Manager of Fehorizon Infrastructure), and Liu Hong (General Manager of FE Fund).

▲Group photo of attending leaders