Lianhe Global withdraws Sichuan Hengji Industrial Group Co., Ltd.’s global scale Long-term IssuerCredit Rating for Commercial Reasons

HONG KONG, 18 December 2025 – Lianhe Ratings Global Limited (“Lianhe Global”), an international credit rating company, has withdrawn the global scale Long-term Issuer Credit Rating of Sichuan Hengji Industrial Group Co., Ltd. (“SHIG”; ‘BBB-/Stable).

The rating was withdrawn for commercial reasons.