FEHORIZON and Asian Development Bank Sign RMB 709 Million Transition Loan Agreement
Recently, FEHORIZON and the Asian Development Bank (ADB) officially signed a loan agreement totaling RMB 709 million, approximately USD 100 million. Through financial leasing, the loan aims to support the company's corporate clients in China in accelerating their green and cleaner transition and contribute to society-wide low-carbon transformation. This project marks ADB's first transition loan in the financial leasing sector and represents a key initiative for FEHORIZON to advance its green transition financial services.
The loan proceeds will be precisely channeled into the real economy through the company's financial leasing services, helping lower the barriers for enterprises to access green technologies. Key areas of promotion include advanced green applications such as smart energy systems, clean production technologies, and high-efficiency energy and resource utilization solutions. These measures will effectively help enterprises minimize carbon emissions from their operations and contribute to long-term environmental and economic sustainability.

FEHORIZON and ADB began their cooperation in 2013 and have since signed three loan agreements to support clean bus leasing, improve healthcare financing in rural China, and assist with COVID-19 prevention and control. To date, the company has issued more than RMB 80 billion in green bonds, ABS, and other financial instruments, continuously directing capital toward green industries. The company has also deeply integrated ESG principles into its development strategy and has received recognition from authoritative international ratings such as MSCI and CSA for consecutive years. In the field of sustainable finance, the company is the first financial institution in China to obtain validation from the Science Based Targets initiative (SBTi).

Looking ahead, FEHORIZON will continue to uphold its core responsibility philosophy of "creating shared value for harmonious development." The company will keep exploring innovative approaches, deepen its practices in green finance, transition finance, and other financial services, and consistently promote green and low-carbon development.
