[Monthly News] April Update | Far East Horizon Becomes Mainland China's First SBTi-Certified Financial Institution; Wins Special Contribution Award for 14th Consecutive Year
01 Far East Horizon Becomes Mainland China's First SBTi-Certified Financial Institution
Recently, Far East Horizon officially passed the rigorous certification of the Science Based Targets initiative (SBTi), making it the first financial institution in Mainland China to achieve this milestone! Far East Horizon has now been officially confirmed by SBTi to achieve a 42% reduction in Scope 1+2 carbon emissions by 2030 (2022 baseline), fully aligned with the Paris Agreement's 1.5°C pathway. Regarding financing transformation, 88% of its portfolio has established temperature control targets - by 2030 (2022 baseline), the temperature rating of its corporate lending and equity investment portfolio will decrease from 3.2°C to 2.44°C (Scope 1+2) and 2.56°C (Scope 1+2+3). Next, Far East Horizon will join the UN Principles for Responsible Investment (PRI) to jointly build Asia-Pacific's green finance ecosystem.
02 Far East Horizon Selected for Second Consecutive Year in S&P Global Sustainability Yearbook (China Edition)
On April 16, S&P Global officially released the Sustainability Yearbook 2025 (China Edition). With a Corporate Sustainability Assessment (CSA) score of 54, Far East Horizon was again included in the yearbook and ranked among the top three companies in the Financial and Capital Market Services sector, demonstrating the company’s strong momentum in the field of sustainable development. Meanwhile, Far East Horizon’s equipment leasing subsidiary, Horizon Construction Development, was included in the S&P Global Sustainability Yearbook 2025 (China Edition) on its first evaluation, making it one of the few companies in the global equipment leasing industry to be recognized.
03 Far East Horizon Completes DeepSeek Localized Deployment
Recently, Far East Horizon has officially completed the group-wide localized deployment of DeepSeek’s large model (V3 and R1 versions), establishing a three-tier AI application framework comprising the model layer, middleware layer, and application layer. This provides foundational model capabilities for financial services, industrial operations, and daily business operations while continuously enhancing AI capabilities and actively exploring practical applications tailored to the company’s diverse scenarios. In addition to DeepSeek, the company has also partnered with leading technology firms such as Alibaba, ByteDance, Tencent, Baidu, and Moonshot AI to steadily improve the comprehensive capabilities of intelligent systems.
04 Far East Horizon Leasing Wins Special Contribution Award for 14th Consecutive Year
On April 9, Shanghai’s Pudong New District hosted the 2025 Outstanding Enterprise Appreciation Ceremony, where Far East Horizon’s subsidiary, Far East International Leasing Co., Ltd., was again recognized for its exceptional economic contributions and sustained innovation. This marks the 14th consecutive year the company has received the Special Contribution Award. This accolade not only serves as authoritative validation of the company’s comprehensive capabilities but also underscores its deep-rooted commitment to Pudong’s development and the real economy. It epitomizes the symbiotic relationship between Far East Horizon and the region’s economic growth. Moving forward, Far East Horizon will further integrate into Pudong's development landscape, channel financial resources to nourish the real economy, and contribute greater strength to assisting Pudong in building a leading zone for socialist modernization.
05 Far East Horizon Leasing Wins China Leasing Industry's Annual Innovative Financing Award Again
On April 16, the 2nd Asset Securitization High-Quality Development Conference was held in Shanghai—participated as a corporate representative in the release of the "Innovative Asset Securitization Products for High-Quality Development of the Real Economy". Mr. Wang Mingzhe, Executive Director and CFO of Far East Horizon, signed bank-enterprise cooperation agreements with Bank of China and Sumitomo Mitsui Banking Corporation (SMBC) on behalf of the company. At this conference, Far East Horizon Leasing also retained the China Leasing Industry's Innovative Financing Award (Golden Spring Award), winning both the "2024 Best Leasing Industry Asset-Backed Note (ABN/ABCP) Originator Award" and the "Annual Best Inclusive Leasing Capital Market Innovative Financing Award".
06 Far East Horizon International Facilitates 19 Offshore Bond Financings, Empowering Local Economic Transformation
In April, Far East Horizon International continued implementing its regional penetration service philosophy, assisting five enterprises including Chengdu Economic Development and Huangshi Industrial Investment in completing offshore bond pricing and issuance. Since this year, it has cumulatively completed 19 offshore bond underwritings, with total issuance exceeding RMB 17 billion equivalent. Among these, it participated for the first time in assisting Taizhou, Suzhou, Zhengzhou and others to complete offshore financing; facilitated Changsha Jinzhou New Area's successful issuance of RMB 551 million green bonds and Changchun Changfa Group's pricing of $250 million bonds. Going forward, Far East Horizon International will persist with diversified products and multi-level cooperation to actively empower regional economic transformation and sustainable development.
07 Grand Flight Wins Multiple Honors in "2024 China Venture Capital & Private Equity Rankings"
On April 18, ChinaVenture released China's venture capital and private equity series rankings - the "2024 China Venture Capital & Private Equity Rankings". Grand Flight won three honors due to its years of dedication in technology and healthcare sectors and outstanding achievements in fundraising, investment, management and exit: [2024 China's Best Venture Capital Institutions TOP100], [2024 China's Best Corporate Direct Investment TOP50], and [2024 China Healthcare Industry's Best Medical Device Investment Case TOP10].
08 HCHORIZON Member Hospital's Chest Pain Center Passes National Standard Certification
On April 2, Siyang Hospital of Traditional Chinese Medicine's Chest Pain Center successfully passed the national standard certification, officially joining the "national team". As an HCHORIZON member hospital, the center established a comprehensive treatment system with group resources and technical support, achieving excellent performance with the shortest acute myocardial infarction patient treatment time of 23 minutes. By constructing a county-wide remote ECG diagnosis network, Siyang Hospital's Chest Pain Center promotes standardized development of grassroots healthcare, performing over 1,200 cardiac interventional surgeries annually and providing efficient 24/7 emergency services for critical patients with conditions like myocardial infarction and pulmonary embolism. This certification signifies that the center's management systems, technical capabilities and treatment levels have all reached national standards.
09 HCHORIZON Member Hospital Holds Strategic Cooperation Ceremony with Shanghai Seventh People's Hospital
On April 26, HCHORIZON member hospital Zhaotong Ren'an Hospital formally held a signing ceremony for medical consortium strategic cooperation with Shanghai Seventh People's Hospital. This cooperation represents another important achievement in introducing quality medical resources after HCHORIZON's medical alliance strategic cooperation agreement with Shanghai Seventh People's Hospital last October. As a well-known Class III Grade A traditional Chinese and Western medicine integrated hospital in Shanghai, Shanghai Seventh People's Hospital will comprehensively introduce the innovative management mode of "one bed for the whole hospital" and medical resource platforms such as online cloud clinics into the Zhaotong area. Through various forms such as expert dispatch, technical assistance and remote diagnosis and treatment, it will effectively improve the local medical service level. Moving forward, HCHORIZON will continue advancing connections with quality medical resources, fulfilling its vision to "deliver premium healthcare within reach" for more county patients.