Lianhe Global has assigned ‘A-’ global scale Long-term Issuer Credit Rating with Stable Outlook to Zhengding State-owned Assets Holding and Operating Group Co., Ltd.

HONG KONG, 31 December 2025 – Lianhe Ratings Global Limited (“Lianhe Global”), an international credit rating company, has assigned ‘A-’ global scale Long-term Issuer Credit Rating to Zhengding State-owned Assets Holding and Operating Group Co., Ltd. (“ZSAHO” or “the company”). The Outlook is Stable.