Recently, a party led by Deputy Director Ma Jianan of the standing committee of the People’s Congress of Pudong New Area and Deputy Director Shao Rong of the Financial Service Office of Shanghai visited the FEHORIZON Plaza in Shanghai for research on green finance work targeting the financial leasing industry. Fehorizon’s Vice President Xu Huibin welcomed the party of Mr. Ma and made a detailed introduction to the development situation of the Company in green finance.

Fehorizon made active efforts to reduce the carbon emission of investment portfolios, encourage green business including financial leasing to turn to green and sustainable industries, and help enterprises to realize green and low-carbon transformation and development. As of this June, the Company has served more than 3000 clients in the green field with up to 130 billion yuan of interest-bearing green assets.

During the meeting, both parties had in-depth exchanges regarding green finance. Based on its own development experience, the Company offered advice and suggestion for the development of green finance in the financial leasing industry. Deputy Director Ma Jianan affirmed the green finance work of Fehorizon and provided guidance for the following work.

Green finance is an important tool and method to promote sustainable economic and social development. The Central Financial Work Conference has explicitly made “green finance” one the of five great articles on building a financial powerhouse and a key link of promoting the green and low-carbon transformation of socio-economic development and realizing high-quality development. As the forerunner and leader of China’s financial leasing industry, Fehorizon is also one step ahead in practicing green finance. Regarding the question of how to implement the “great article of green finance”, it has given out its answer with vivid practice.

In recent years, through continuously focusing on the green development of real economy, Fehorizon has always been active in contributing its strength to the construction of ecological civilization and an environmentally-friendly society.

In 2003, the Sustainable Finance Framework of Fehorizon received the highest rating of an Asian financial institution from the international rating services Moody’s and Sustainable Fitch. In 2024, Fehorizon’s S&P CSA score increased to 41 while its MSCI ESG rating remained A. Meanwhile, in response to the climate change disclosure requirements of the Hong Kong Stock Exchange, the Company released its first climate-related disclosure report this April, to disclosure the impacts of climate change it faces from the four aspects of governance, strategy, risk and goals & targets. The report evaluates the risks and opportunities brought by climate change to Fehorizon as well as the Company’s measures to alleviate and adapt to the climate impacts through quantitative scenario analysis and financial analysis.

Green is the background color of high-quality development as well as Fehorizon’s development. In the future, while pursuing economic effectiveness as always, the Company will implement the idea of green development in great depth, make intensive efforts in green finance, integrate ecological benefits with social benefits, and contribute to the realization of ecological harmonious coexistence and coordinated social development, to promote the realization of carbon peaking and carbon neuralization goals and the construction of China into a beautiful country.