On February 6, FEHORIZON held its 2025 year-end work conference for key positions in Shanghai. Kong Fanxing, Chairman of the Board of Directors, Executive Director, and Chief Executive Officer of FEHORIZON, attended the meeting and delivered a concluding speech. Wang Mingzhe, Executive Director and Chief Financial Officer, presented the Budget and Performance Analysis Report, while Xu Huibin, Vice President and General Manager of the Strategy Center, delivered the Environmental Analysis and Strategic Review Report.

This conference continued to be held in the format of "main venue + video branch venues." Nearly 260 management backbone personnel from company leadership and various business and 

functional divisions gathered to discuss development.

Strategic Report: Significant Achievements in Deepening the New Ecosystem and Business Model

In 2025, FEHORIZON, in the 3.0 Era, faced challenges head-on and responded to the demands of the times through proactive transformation. In the strategic report, Xu Huibin, Vice President and General Manager of the Strategy Center, pointed out that the company has abandoned past path dependency by "building a new ecosystem upward and creating new models downward." Through three years of in-depth cultivation, the company has achieved effective strategic implementation, established differentiated competitive advantages in a complex environment, accelerated the continuous iteration of the new business ecosystem, and propelled the company to sustain development through cycles.

In terms of ecosystem construction, leveraging a profound understanding of the times and the advantages of the "Three Transformations," the company has shifted its target clientele, established a foothold at the top tier, partnered with leading enterprises, and built a "triangle" service system around the needs of "individuals, families, and enterprises." This has resulted in cross-border coverage and globally coordinated resource integration and service capabilities, achieving mutual growth and prosperity with Chinese entrepreneurs. This innovative exploration can be described as "unprecedented," and the newly created one-stop, integrated business ecosystem is destined to be "rarely matched."

Financial Report: Stable and Secure Financial Results Driven by Strategy

In the Budget and Performance Analysis Report, Wang Mingzhe, Executive Director and Chief Financial Officer, stated that in 2025, the company's overall financial structure remained stable and secure, reinforcing confidence in advancing the strategic deepening.

The report indicated that the financial main business, as the core pillar, revitalized its advantages through timely strategic adjustments, consistently strengthening its safety cushion. Specifically, the industrial services sector firmly adhered to its strategy, accurately grasping the essence of value-driven operations; the urban services sector balanced current value with future growth potential; and the inclusive finance sector successfully surpassed the scale economy threshold. These three segments collectively contributed to reversing the trend of the financial business, becoming the ballast for the company's steady development.

Regarding the work for 2026, the conference established clear performance targets for each business unit, mandated that functional departments diligently execute their respective duties to collectively ensure the company's operational stability, and urged all employees across the organization to align strategic progress with financial performance, underscoring that no segment should become a liability.

Review and Calibrate the Development Direction, Consolidate and Advance Strategic Implementation

In the afternoon, company leaders delivered work reports based on their respective areas of responsibility, conducting in-depth reviews of the effectiveness of strategic implementation and financial performance in 2025. Attending leaders unanimously agreed that the company's ability to maintain steady operational development stems from the correctness of its strategy and the firmness of its execution. Only by actively adapting to the new environment and resolutely implementing strategic requirements can the company advance steadily and sustainably.

Facing the challenging tasks for 2026, the attending leaders expressed their commitment to decisively abandon past habits and anchor on the core requirement of leveraging strategy to drive financial outcomes. Each business unit will focus on deepening the new business ecosystem, fully advancing strategic implementation, and upholding management baselines. They will reinforce performance targets, strengthen collaborative efforts, and drive the company toward faster and better development.

President Kong Fanxing:

Adhering to the Essence of Enterprise, Continuously Creating Value Needed by Society

Deeply Understanding Strategy, Committing to Lifelong Learning and Growing with the Company

At the conclusion of the conference, Kong Fanxing, Chairman of the Board of Directors, Executive Director, and Chief Executive Officer of FEHORIZON, delivered a concluding speech. President Kong first extended sincere gratitude to all FEHORIZON employees for their relentless efforts and hard work over the past year. He pointed out that in 2025, the company achieved profitability across all business units, marking a milestone year since FEHORIZON’s relocation to the south. The significance of this achievement is no less than that of its initial public offering, fully demonstrating the value of our "being needed by society."

Reflecting on the journey of over twenty years, President Kong stated that we have always been addressing the core question of "why FEHORIZON is needed." It is precisely this persistent pursuit of value that has enabled us to survive industry reshuffles and given us the confidence to explore sustainable value.

1. Adhere to the Essence of Enterprise: Ensure FEHORIZON Possesses Irreplaceable Value

The success or failure of an enterprise depends on whether it holds social value; the same applies to individuals. When individuals no longer resonate with society, they face elimination; when enterprises cease to create value, they ultimately lead to dissolution. President Kong stated that as a model-driven enterprise, 90% of FEHORIZON's production factors are people. By effectively addressing internal challenges, the likelihood of the enterprise's sustained existence will significantly increase.

2. Deeply Understand the Core Value of the Business Ecosystem, Improve the Knowledge System, and Strengthen Rational Judgment

President Kong pointed out that from conceptual inception to exploratory practice, the innovative essence of the new business ecosystem has continuously evolved. Business experts can only break through customer trust barriers by enhancing their own cognitive capabilities, transforming common needs into tangible outcomes, and enabling clients to perceive the unique value of FEHORIZON's services.

3. Continuously Iterate the Service Substance of the Urban Services Sector, While Other Sectors Advance Steadily in Tandem

President Kong clarified that the urban services sector has always been the "ballast stone" for FEHORIZON, with a service foundation that remains enduringly effective. The core focus for the urban business in 2026 is to deepen research on the revitalization of urban assets, advancing pure capital operations toward asset-based business upgrades while maintaining the fundamental framework. Other sectors must fulfill their respective roles: the inclusive finance sector should transition from scale expansion to an orderly state and embrace self-challenges; the industrial services sector should firmly adhere to its strategy and accelerate progress.

4. Managers Should Cherish Their Positions and Fulfill Their Responsibilities Effectively

In 2026, departmental management must remain a consistent priority, with strengthened vertical management and vertical review across business units. President Kong emphasized that as managers, it is essential to value their positions, proactively embrace new knowledge systems, and enhance their capabilities through strategic iteration, rather than remaining complacent or resistant to growth.

Looking ahead, President Kong expressed full confidence: "Today, FEHORIZON has a clear strategic direction, a definite path, and a promising future." At the conclusion of the conference, President Kong encouraged all FEHORIZON employees to strive for the boundless vistas at the peak of challenges! FEHORIZON employees must adapt to the new environment with a resolute mindset, elevate their cognitive abilities through a passion for continuous learning, and implement all tasks with a collaborative and determined approach, achieving personal and corporate growth together, and jointly pioneering new glories in the 3.0 Era!