Recently, International Far Eastern Leasing Co., Ltd. and Far East Horizon (Tianjin) Financial Leasing Co., Ltd. successfully issued the “Yuan Jian Series—2024 Far East Phase I Asset-backed Special Plan for Scientific and Technological Innovation” (“Special Plan”) in Shenzhen Stock Exchange. With a scale of about 1.2 billion yuan and underlying assets mainly covering the technology industry supported by the national strategy of scientific and technological finance, this Plan has been received with active participation by numerous investors. The successful issuance of the Special Plan fully demonstrates the diversified characteristic financial services developed by Fehorizon, and adds another vivid example of the Company’s practice of empowering technology business with every effort and contributing to the development of new-quality productivity.

The underlying assets of this Special Plan involve a total of 42 lessees. Among them are as many as 34 lessees in the field of technological innovation, all of which are national high-tech enterprises and provincial technologically advanced enterprises. This is in line with the recognition of securities backed by technological innovation assets in Guidelines No.3 of the Shenzhen Stock Exchange for the Confirmation of Listing Conditions of Asset-backed Securities—Specified Varieties. According to the National standard first-level classification of industries, the pooled assets are distributed among 21 industries including chemical engineering, material industry, special machinery and electrical machinery, and the principal of financial leasing claims formed by the 34 lessees in the field of technological innovation accounts for 74.42% of the total pooled assets.

Construct a great technological power and develop finance for the people. The central financial work conference has explicitly placed technology finance in the primary position of the Five Great Articles on Finance. Vigorously developing technology finance and enhancing the support for technological innovation is an integral component of improving the quality and efficiency of serving real economy with financial services and realizing the high-quality development of economy. According to data, the average time needed for the transformation of major technological achievements and the development of scientific and technological enterprises is over 15 years. Thus, the “patience” of capital is much needed. As a conglomerate spanning across finance and industry, Fehorizon looks into the future and plans on the long term. It always takes it as its own responsibility to boost China’s real economy, continues to increase capital and financial support for the sci-tech innovation industry, and contribute its strength to promoting the prosperous development of scientific and technological innovation enterprises and accelerating the development of new-quality productivity.