CICC and Far East Horizon Sign Strategic Cooperation Agreement

On June 21, 2018, CICC and Far East Horizon Co., Ltd. (hereinafter referred to as “Far East Horizon”) held a signing ceremony for the Strategic Cooperation Agreement in Shanghai Far East Horizon Plaza. John Cheng (Member of the Management Committee and the Head of CICC FICC), representative of Bi Mingjian (Director, Chief Executive Officer and Chairman of the Management Committee of CICC), and Wang Mingzhe (Executive Director and Chief Financial Officer of Far East Horizon) signed a strategic cooperation agreement on behalf of both parties. Robert Yu (Managing Director of CICC FICC), Liu Qingchuan (Managing Director of CICC IBD), and Shen Liwei (General Manager of Treasury Department of Far East Horizon) witnessed the signing ceremony.

As a pioneer and leader in the leasing industry, Far East Horizon has been committed to providing its customers with tailored industrial integrated operation services through continual innovation of products and services, striving to achieve the corporate vision of “integrating global resources and promoting China's industry”. After 27 years of development, Far East Horizon has stepped into the Fortune China Top 500 and Forbes Global Enterprise 2000, and its financial leasing services take the leading position in the industry.

After the signing of this Strategic Cooperation Agreement, CICC and Far East Horizon will cooperate in various fields such as traditional financing, innovative financing, investment banking business, cash management and risk management business. Meanwhile, to deepen the cooperation, the parties will actively encourage and promote the cooperation between the CICC Securities Trading Branches in mainland China and the Far East Horizon Regional Office to jointly explore customer needs and provide integrated services to customers based on their strengths.

CICC has cooperated with Far East Horizon in ABS, corporate bonds, IPO and other investment banking businesses. The signing of the Strategic Cooperation Agreement will provide a broader opportunity for comprehensive and further strategic cooperation between the two parties.