Lianhe Global withdraws Jiangsu Zhongxing Holding Group Co., Ltd.’s global scale Long-term Issuer Credit Rating for Commercial Reasons

HONG KONG, 24 October 2025 – Lianhe Ratings Global Limited (“Lianhe Global”), an international credit rating company, has withdrawn the global scale Long-term Issuer Credit Rating of Jiangsu Zhongxing Holding Group Co., Ltd. (“JZHG”; ‘BBB+/Stable’).

The rating was withdrawn for commercial reasons.