HONG KONG, June 13, 2025 /PRNewswire/ -- Farizon New Energy Commercial Vehicle showcased multiple models at the Geely Holding Group exhibition booth during the 2025 International Automotive & Supply Chain Expo (Hong Kong), and held the first-batch delivery ceremony of 1,000 Farizon SV taxis and Farizon SV Combi Premiere, further deepening the brand's business layout in the Hong Kong market.
As the commercial vehicle sector under Geely Holding Group, Farizon has built a full-range product matrix covering heavy trucks, light trucks, micro trucks, LCVs, and buses. It is the first in China to realize the all-new-energy product series of its entire lineup, and in 2024 it became the world's first new energy commercial vehicle brand with a cumulative sales of 300,000 units. Starting from the fourth quarter of 2024, Farizon has gradually entered the European, Middle Eastern, and Asia-Pacific markets.
Farizon SV is an electric VAN exclusively developed by Farizon. Its highlights include a longest range of 398km, a maximum space of 13 cubic meters, and a hidden B-pillar design. It has also won the Euro NCAP Platinum Rating and is very popular in the European market. The cargo Farizon SV is currently on sale in Hong Kong. This Farizon display will further enrich the SV product line and complete the first batch delivery of 1,000 units of new taxi to the Big Bee fleet of Sino Development (International) Co. Limited.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Farizon SV Combi Released in Hong Kong and First Batch of 1,000 Taxis Delivered
TAIPEI, July 7, 2025 /PRNewswire/ -- Cathay United Bank Hong Kong Branch (CUBHK) received two significant accolades at the Triple A Sustainable Infrastructure Awards 2025 held by The Asset in Singapore on July 2. Leveraging its extensive experience in green finance, CUBHK was awarded the Water Deal of the Year for extending a sustainability-linked loan (SLL) to Silver Dragon Water Supply Group and the Telecom Refinancing Deal of the Year for an SLL deal with Hong Kong Broadband Network. These recognitions affirm Cathay United Bank's outstanding performance and leadership in global sustainable finance and infrastructure development.
"In both award-winning sustainability-linked loans, CUBHK played crucial roles as the mandated lead arranger, bookrunner, and lead underwriter. This marks the first time CUBHK takes home two major accolades at the Triple A Sustainable Infrastructure Awards, and stands as international recognition of Cathay United Bank's outstanding dedication in the green finance sector," said Eric Liu, Chief Executive of CUBHK. "The SLL amounts in the first quarter of this year doubled compared to the same period last year. Looking ahead, we plan to further enhance the loan business to create more diverse ESG financing solutions. Our goal is not only to precisely meet client needs but also to expedite the transition to a low-carbon economy," the Chief Executive added.
For the Water Deal of the Year award, CUBHK acted as the mandated lead arranger for the sustainability-linked loan to Silver Dragon Water Supply Group. The Branch also partnered with the Hong Kong Quality Assurance Agency (HKQAA) to establish Key Performance Indicators (KPIs) and Sustainability Performance Targets (SPTs) for the loan. Through extensive discussions, the three parties determined three actionable KPIs for the loan. In 2024, this SLL deal received the Outstanding Award for Green and Sustainable Loan Structuring Advisor (Water Supplies Industry) at the HKQAA's Hong Kong Green and Sustainable Finance Awards.
The Telecom Refinancing Deal of the Year award highlights CUBHK's bespoke sustainability-linked loan to Hong Kong Broadband Network. This landmark deal, tailored by CUBHK for the client, garnered strong market interest, attracting an oversubscription that increased the loan amount from an initial HKD 5.25 billion to an impressive HKD 6.75 billion – setting a strong precedent for sustainable transformation within Hong Kong's telecommunications sector and demonstrating Cathay United Bank's professionalism and influence in the Hong Kong financial market.
Keeping up with industry trends and the global economic landscape, Cathay United Bank has received numerous international accolades for its efforts to advance both domestic and international syndicated loan markets. Moving forward, Cathay United Bank will continue to build an ever-expanding Asian financial services network by enhancing service efficiency and expanding product offerings, aiming to become the primary financial strategic partner for clients in the Asian market.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Cathay United Bank Hong Kong Branch Wins Two Major Accolades at The Asset's Triple A Sustainable Infrastructure Awards
