Fehorizon Ushers in the 3.0 Era: First Cross-Border Direct Leasing Business Executed Successfully
On March 6, after a 22-day voyage at sea, a cargo ship carrying wide-body dump trucks declared at the Tianjin Dongjiang Comprehensive Bonded Zone officially arrived in the destination country. This marks the successful completion of Fehorizon’s first cross-border direct leasing transaction for equipment, representing another major breakthrough in the Company’s cross-border market-oriented operations. The achievement not only injects new vitality into the Company’s development but also provides strong support and a replicable model for domestic industries seeking to “Going Global”.
As Chinese manufacturing enterprises increasingly invest overseas, financing demands for domestic equipment exports have gradually emerged. Leveraging the policy advantages of the Tianjin Dongjiang Comprehensive Bonded Zone and the special status of Fehorizon’s project company in the Bonded Zone (i.e., “within Chinese territory but exempt from routine customs requirements”), this transaction utilized wide-body dump trucks as the leased assets. Through a series of procedures—including customs clearance, export tax rebate claims, departure, export, and arrival in the importing country—the equipment was delivered to the overseas lessee, with rental payments collected internationally. By engaging in cross-border financial leasing with Fehorizon’s project company, the overseas lessee addressed its equipment needs for mining operations abroad.
The successful execution of this cross-border direct leasing business is the result of collaborative efforts between regulatory authorities in Tianjin Dongjiang and multiple departments within Fehorizon. It also underscores the company’s proactive response to China’s “Going Global” strategy and its commitment to tapping into international market demands. Facing a complex and volatile global market environment and intensifying competition, Fehorizon has leveraged its keen market insights and profound industry expertise to accurately identify potential opportunities in cross-border leasing. By partnering closely with premium clients both at home and abroad, the Company has come up with customized leasing solutions, successfully achieving cross-border equipment leasing, meeting diverse client needs, and provide product support for other Chinese high-end equipment manufacturers in expanding overseas.
Looking ahead, Fehorizon will continue to exploit its unique advantages of “marketization, internationalization and specialization”. With the goal of building China into a financial powerhouse, it remains committed to its model-driven development philosophy, continuously explores new business scenarios and service models, focuses on serving the real economy, provides clients with more comprehensive financial and industrial services, and drives high-quality economic and social development in China.