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Far East Horizon Leasing Won Award for Special Economic Contribution for the 13th Consecutive Year
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On April 11, the commendation event for “2024 Enterprises with Special Economic Contribution” was held in Pudong New Area, Shanghai. Due to its sound and stable operations, International Far Eastern Leasing Co., Ltd., an enterprise affiliated to Fehorizon, won the Award for Special Economic Contribution for the 13th consecutive year.


During the event, Mr. Zhu Zhisong, member of the standing committee of the municipal Party committee of Shanghai and Secretary of the Party committee of Pudong New Area, awarded the prizes to the “Top 20 Enterprises with Special Economic Contribution.” Fehorizon’s Vice President Mr. Wang Ruisheng attended the event upon invitation, and accepted the prize on behalf of the Company.


As the pioneer of the rapid economic development and institutional innovation of China, over the past 30 years of development and opening up, Pudong New Area has become a modern socialist area with countless high-rise buildings, concentrated headquarters economy as well as advanced manufacturing industry and modern service industry in the dominant position, and its development achievements has been acknowledged throughout the world. In 2023, the gross regional domestic product of Pudong New Area exceeded 1.6 trillion yuan, accounting for about 35% of that of Shanghai; with over 40,000 foreign-funded enterprises and more than 450 headquarter enterprises of multinationals within the area, Pudong New Area has constituted a “strong magnetic field” to attract resources from around the world. 


As a Hong Kong-invested enterprise, Fehorizon has benefited from Pudong and experienced how Pudong created an inclusive and friendly business environment by continuously “increasing dimensions and reducing temperate difference.” Rooted in Pudong—the vanguard of China’s opening up, Fehorizon has gradually grown into a conglomerate spanning across finance and industry among the brave and daring enterprises of Pudong New Area aiming to become the benchmark and blaze new trails.


Always based on its unique advantages of “marketization, internationalization and specialization,” Fehorizon continues to upgrade its management system, accelerates model innovation and improves its comprehensive service capability. Since this year, with highlights on “vigorously developing technology finance, green finance, inclusive finance, old-age care finance and digital finance,” the Company has been continuing to boost the development of micro, small and medium-sized enterprises through innovation of financial products, and successively won prizes including “Innovative Finance Award for Best Service in the National Strategic Capital Market” and “Best Capital Market Promoter Award in the Financial Leasing Industry” of China’s annual of financial leasing industry for innovative financing (Gold Spring Award). Meanwhile, Fehorizon has been practicing sustainable development consistently, and its S&P CSA ESG score and CDP rating have hit new highs again.


In the future, Fehorizon will keep utilizing the highland advantages of the financial center Pudong, support and participate in the development of Pudong New Area as always, launch intensive efforts to improve the quality and efficiency of real economy, serve urban upgrade and industrial upgrade, and strive to provide high-quality financial services for the socio-economic development of Pudong, Shanghai and China.