[ET Net News Agency, 31 August 2018] Far East Horizon (03360) said its indirect
wholly-owned subsidiary Far Eastern Horizon (Tianjin) Financial Leasing (FETJ) agreed to
terminate the 2015 and 2016 finance lease arrangements with CRRC Qingdao Sifang Locomotive
& Rolling Stock (CRRC Sifang) and Sinochem International Tendering (Sinichem Tendering).
In addition, FETJ agreed to transfer the leased equipments under the 2015 finance lease
arrangement and the 2016 finance lease arrangement to CRRC Sifang at the total transfer
price of RMB44 million and RMB51.3 million respectively. (SC)