Lianhe Global withdraws Taixing Jiangqiao Investment Construction Development Co., Ltd.’s global scale Long-term Issuer Credit Rating for Commercial Reasons

HONG KONG, 1 December 2025 – Lianhe Ratings Global Limited (“Lianhe Global”), an international credit rating company, has withdrawn the global scale Long-term Issuer Credit Rating of Taixing Jiangqiao Investment Construction Development Co., Ltd. (“TJICD”; ‘BBB’/Stable).

The rating was withdrawn for commercial reasons.