Over the past few months, the Far East Horizon $1 billion project has recently been successfully completed. The bank group raised funds for overseas institutions, which were widely recognized and enthusiastically subscribed by the market, and eventually received a 2-fold over-subscription.

In an environment where global economic pressure is still declining, the move shows that the company is increasingly attractive to top international lending institutions.

This time a total of 18 banks participated, including China Merchants Yonglong Bank, Mitsubishi UFJ Bank, Hang Seng Bank, Australia's Western Pacific Bank, China Trust Commercial Bank, Everbright Bank Hong Kong Branch, China Development Bank Hong Kong Branch, China CITIC Bank (International), Bank of Communications Macau Branch and many other well-known overseas banks.

A few days ago, representatives of guests from several leading banks and participating banks gathered in Shanghai for a 2019 Far East Horizon syndicated loan appreciation event with the theme of 'Paying tribute to the road of struggle and starting again with gratitude'.

Entering the Top 100 Leasing Bases in the World

Feel the Industrial Operation Strength of Far East

In order to enhance the syndicated partners' specific understanding of the company's business model and operation, the company organized guests to visit the Jiading base of Horizon Construction Development Group, the flagship enterprise of Far East Horizon's construction equipment operation.

The guests, led by Zhang chunyu, deputy general manager of Far East Horizon Construction Group and general manager of Horizon Construction Development Group, entered the exhibition hall and equipment workshop of the base.

Zhang chunyu introduced: Horizon Construction Development Group's high-end construction equipment assets exceed 7 billion yuan, ranking among the top 100 in the world. It has six major product lines, including turnover materials, scaffolding, aerial work vehicles, industrial forklifts, road engineering equipment, and power equipment. At present, it has formed an operation network covering the whole country.

In the recently released 2019 TOP100 list of global leasing companies, Horizon Construction Development Group entered the list again with a result of 57th, ranking second in the growth rate with a 93% growth rate, with promising future business development.

Accompanied by the staff, many guests also experienced the operation and use of high-end industrial equipment such as crank arm aerial work vehicles and spider aerial work vehicles.

Advanced equipment, professional explanation and unique high-altitude experience all shocked the delegates present. Seeing and feeling with their own eyes also enabled the guests to have a deeper understanding of the industrial operation business, which is an important strategic support for the future development of Far East Horizon.

Feel the connotation of enterprise management closely.

Bank-enterprise Cooperation Helps China's Industrial Development

Appreciation dinner was happy. On that day, Kong fanxing, vice chairman, executive director and chief executive officer of Far East Horizon Board of Directors, and Wang mingzhe, executive director and chief financial officer, attended the appreciation dinner.

President Kong fanxing warmly welcomed the syndicated guests. In his speech, he thanked that the Far East has developed to this day not only because of this era, but also because of the trust given by financial partners. It is because of the support of various partners that the cause of the Far East has developed steadily and the vast number of clients served by the Far East have made great progress. Far East Horizon, together with its financial partners, has helped and witnessed many Chinese enterprises from small to large, from weak to strong. This is an honor.

As a company that adheres to the development strategy of 'finance+industry', Far East is not only doing business, but also passing on a kind of concept, belief and culture. In the final analysis, it is necessary to continuously, effectively and continuously create value for all social parties and participate in promoting social progress. In the future, the Far East will continue to live up to the great trust of its financial partners and make good use of the funds in its hands to help more Chinese enterprises develop. At the same time, it is expected that financial partners will continue to support the Far East and work together to contribute to the promotion of China's economic development.

He xin, assistant general manager of China Merchants Yonglong Bank, spoke on behalf of the banks. he said that he was very happy to have the opportunity to come to the Far East Horizon to attend the celebration of the Far East bank loan of us $1 billion. President Kong fanxing's warm speech and thoughtful arrangements in the Far East made people feel the deep affection of friends in the Far East Horizon. On behalf of the leading and participating banks, he expressed his heartfelt thanks to the leaders and colleagues in the Far East. 'Paying homage to the way you came and starting again with gratitude' shows the inner feelings of the representatives of the banks present here. Looking back on February this year, we held the Far East Horizon syndicate promotion activity at China Merchants Yonglong Bank with an initial amount of US$ 580 million. After four months of close cooperation, the response was very enthusiastic and over-subscribed more than twice the initial amount of the project, fully demonstrating Far East Horizon's influence and appeal in the Hong Kong market. Through this visit, we have a more in-depth and vivid understanding of the company's development process and the 'finance+industry' strategy. It is a special honor to be able to witness the successful issuance of Far East Horizon's $1 billion syndicate together with other banks to jointly open up a new milestone in our cooperation.

Finally, President Kong and President Wang presented commemorative cards to representatives of various banks.

Bank Partners Praise Far East Horizon

We will continue to expand our global resource mobilization system in the future.

Through this activity, the syndicated partners were able to experience the industrial operation of Far East Horizon on the spot and have a deeper understanding of the familiar 'finance+industry' business model.

After visiting the company's corporate exhibition hall and building gardens, the syndicated partners even praised the rich cultural connotation of Far East Horizon and its management essence of keeping improving and pursuing excellence.

Many bank representatives said on the spot:

-'This is the good customer that we need to increase our support and the good enterprise that we need to learn!'

-'I felt a lot of surprises when I participated in this activity, which once again proves that Far East Horizon is an excellent team!'

The successful completion of the $1 billion syndicated project has once again demonstrated Far East Horizon's pursuit of 'shaping excellent enterprises' to the international financial community. The future development prospect of Far East Horizon's 'finance+industry' two-wheel drive mode has also been further recognized by the banking community.

Adhering to the corporate mission of 'gathering global resources to help China's industry', Far East Horizon is committed to assisting industrial upgrading and urban upgrading. At present, it has established a global resource raising system and capability, has established close cooperation with domestic and foreign financial institutions, and has always sought to provide abundant and preferential capital resources for the development of vast real industry customers.

In the future, the company will continue to develop a diversified and sustainable capital resource system, accelerate the coordinated development of its own financial and industrial businesses, and contribute to the promotion of China's industrial upgrading and urban upgrading with more substantial strength.

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Far East Horizon Ltd. published this content on 23 August 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 August 2019 10:47:06 UTC