About FE HLDGS INTL Company

Far East Holdings International Limited (Hong Kong Stock Code: 0036) is an enterprise group belonging to the famous Qiu Degen family. It was listed on the main board of the Hong Kong Stock Exchange as early as 1973. As an investment holding company, its subsidiaries and associated companies are active in different regions and are engaged in different business categories, including information technology, media, manufacturing and financial services. The Group's goal is to reflect the potential of the companies, their management teams and employees within the portfolio to achieve the desired returns for shareholders. The Group understands shareholders' expectations for profit from investments, and the Group shares the same belief. In addition to striving for ideal returns, the Group also minimizes the risk of loss of capital at all stages of the business cycle. history The Qiu family, headed by Mr. Qiu Degen, is a successful entrepreneur who is famous and very influential. Mr. Qiu was born in Shanghai and arrived in Hong Kong in 1949. His entrepreneurial journey began with setting up cinemas in rural areas. In 1959, Mr. Qiu founded a small bank called the “Far East Bank” to provide deposit services for farmers. Then, Mr. Qiu invested in a number of lots of land in the New Territories. In 1962, Kew continued to expand its business and acquired Liyuan, a famous local theme park. In 1972, Far East Development Co., Ltd. was founded and became the chairman, specializing in property development and investment. Mr. Qiu's outstanding talent and ingenuity in investing can be seen through the acquisition of Asia Television Limited (ATV) (formerly known as Li TV). ATV is considered to be one of Hong Kong's two free-to-air television channels. Before Qiu bought ATV, ATV was facing various difficulties. However, after Qiu's acquisition, ATV turned a loss into a profit by implementing a series of reforms. The time when Mr. Qiu joined ATV was also an important milestone in the history of Hong Kong television. Far East Holdings International Limited, formerly known as Far East Technology International Limited, was listed on the main board of the Hong Kong Stock Exchange in 1973. Far East Holdings was a comprehensive enterprise at the time and positioned as a property holding company. In 2007, Far East Technology International Co., Ltd. changed its name to Far East Holdings, and the group was positioned as an investment enterprise.