Far East Holding Group Co., Ltd., the global investment management expert, takes “Owner + Investment” as development strategy. It focuses on the industries of smart energy, great health, big consumption, food and beverage, advanced manufacturing, industrial automation and TMT. The following enterprises invested by Far East Holding Group Co., Ltd. have outstanding performance in capital market: Far East Opto-Electronics Co., Ltd. (hereinafter referred to as “Far East Opto”), China National Building Material Group Co, Ltd., Golden Concord Holdings Limited and Yixing Environmental Science & Technology and Innovative EntrepreneurshipInvestment Co., Ltd. (hereinafter referred to as “YESTIEI”) jointly initiate to establish CNBM (Yixing) New Energy Company Limited (hereinafter referred to as “CNBM Yixing Company”); Shenzhen Kexin Communication Technology Co., Ltd. (300565) and Tianjin Asymchem Pharmaceutical Co., Ltd. (002821) achieves the IPO approval, and are expected to be listed recently;Kangxin New Materials Co., Ltd. (600076) develops the foreign investment strategies, and Shandong Lipeng Co., Ltd.(002374) signs the Strategic Cooperation Framework Agreement as well asShanghai Oriental Pearl Group Co., Ltd. (600637) invests the original Reality Show; the listed enterprises have announced the third quarter report in succession, which shows an outstanding performance.
On October 28, 2016, Far East Opto, China National Building Material Group Co, Ltd., Golden Concord Holdings Limited and YESTIEI jointly initiate to establish the CNBM Yixing Company, with total investment of 313.7million yuan. The company mainly focuses on the development, research, manufacturing, marketing of PV glass, to continuously create the first-class PV glass enterprise.
On October 28, 2016, Shenzhen Kexin Communication Technology Co., Ltd. and Tianjin Asymchem Pharmaceutical Co., Ltd. achieved the IPO approval of CSRC.
Kexin is a high-tech enterprise specialized in telecom communication network equipment research and development (R&D), manufacturing, marketing, and providing application solutions and technical services. Itwas founded in August, 2001 and locates in Guangming New Area High-tech Park, Shenzhen; its registered capital is 120 millionyuan. After more than ten years development, Kexin has become a Chinese well-known provider in telecom communication physical connection products and solution.Kexin is committed to grow into an excellent globe communications network equipment, solution and technical service provider. Kexin provides first-rate and perfectproducts and integrated solutions, including physical connection products and integrated solutions to domestic and overseas telecom operators, ICT equipment manufacturers and network integrators. In addition, Kexin provides technical service in engineering construction, operating and maintenance.
Tianjin Asymchem Pharmaceutical Co., Ltd. is the leading medicine outsourcing enterprise, which services the innovative drugs and blockbuster drugs strictly based on cGMP Standard. It mainly provides the one-stop service in various stages from the Phase I, Phase II, Phase III to the market. The company provides the process development and manufacturing for new clinical drugs. Its servicing new drugs include: marketed or to be marketed new drugs for curing hepatitis C, cystic fibrosis, prostate cancer, myeloma, soft tissue sarcoma, leukemia and partial rare diseases as well as new cephalic drugs; it provides continuous process of blockbuster drugs and applies into the large-scale production. The drugs include third-line antibiotic imipenem drugs, cholesterol statin drugs, hypoglycemic sitagliptin drugs and second generation of anti-AIDS drugs. The company has been cooperated with 11 clients among the front 15 transnational pharmaceutical enterprises all over the world. It has established a close partnership with many famous enterprises like BMS, Pfizer, Roche, Novartis, AstraZeneca, Bristol-Myers Squibb, AbbVie and Eli Lilly. It is the long-term strategic partnership for two of above clients, and the preferred suppliers for five of above clients.
On October 9, 2016, Kangxin New Materials Co., Ltd. announced that it plans to invest the Hubei Tianxin Timberwork Housing Co., Ltd. (hereinafter referred to as “SubjectCompany”) for 62 million yuan, accounting for 62% of total stock proportion. The Subject Company mainly focuses on the manufacturing of wood structure house. It strives to create the new profit spot by full adoption of the advantage of oriented structure plate, and to explore the diverse developmental path according to the main business line of integrated vertical chain for forest plates. Far East Holding Group Co., Ltd. invested Kangxin New Materials Co., Ltd. in 2011, with market capitalization up to 12.7 billion yuan by October 31, 2016, and the investments have appreciated for several times.
On October 27, 2016, Shandong Lipeng Co., Ltd. announced that its wholly owned subsidiary, Chongqing HuaYu Landscape Architecture Company Ltd (hereinafter referred as to “Huayu Landscape”) signed the Strategic Cooperation Framework Agreement with the People's Government of Xixiu District, Anshun City, Guizhou Province. Both parties come to an agreement on the packaged item (tourist attraction, rural tourism, cultural industry, recreational agriculture, beautiful countryside, Eco-tourism town and ecological rehabilitation etc. included), and sign the Cooperation Framework Agreement in total investment scale of 2 billion yuan or so, adheringto the basic idea “government guidance, folk introduction and market operation” and in line with the principle of equality, free will, honesty and credibility.
On October 29, 2016, Shanghai Oriental Pearl Group Co., Ltd. announced that it would jointly produce the original Reality TV Show - Running Wild with Bear Grylls with Yunji Media Co.,Ltd. and American Discovery Networks Asia Pacific PTE LTD. Overall budget of this show is 100 million yuan, wherein, 33 million yuan is contributed by Shanghai Oriental Pearl Group Co., Ltd., accounting for 33% of total investment. This show will be firstly played in prime time on Dragon Television every Friday night of the first quarter in 2017, with 10 episodes and 65 minutes for each episode. Running Wild with Bear Grylls is the brand of Bear Gyrlls wilderness Survival program successfully produced by the Discovery Channel many years ago. It enjoys a high reputation all over the world, and belongs to the excellent resource among copyrighted contents. Through this cooperation, the three invested parties jointly create the original Chinese program. After company participates investment and production, it not only directly accesses the copyright of this program in the front end, to accumulate resources for its copyright database, but also achieves the free follow-up and premiere broadcast rights for its own Best TV platform, as well as brings business interest of copyright operation for Wings Media, an operating subsidiary under the business group of its copyright operation.
Far East Holding Group Co., Ltd. has repeatedly created good achievement in outward investment. The result of overall investment is excellent. As of October 31, 2016, the total number of invested enterprises has reached to 329. There are 84 listed enterprises (27 listed in "New Three Board Stock") in accumulation, oneenterprise that is approved and waiting for issuing, and 20 enterprises of pre-announcement. Such 84 listed companies invested by Far East Holding Group Co., Ltd. have developed well. For net profit of the third quarter, 8 of them achieve a year-on-year growth of 50%-100%, twoof them achieve a year-on-year growth of 100%-200% and threeof them achieve a year-on-year growth of more than 200%.