Lianhe Global withdraws Zhangzhou Yuanshan Development Co Ltd.’s global scale Long-term Issuer Credit Rating for Commercial Reasons

HONG KONG, 15 September 2025 – Lianhe Ratings Global Limited (“Lianhe Global”), an international credit rating company, has withdrawn the global scale Long-term Issuer Credit Rating of Zhangzhou Yuanshan Development Co Ltd. (“ZZYD”; ‘BBB-/Stable).

The rating was withdrawn for commercial reasons.