HONG KONG, 21 January 2026 – Lianhe Ratings Global Limited (“Lianhe Global”), an international credit rating company, has assigned ‘A-’ global scale Long-term Issuer Credit Rating to Ganzhou Urban Investment Holding Group Co., Ltd. (“GUIH” or “the company”). The Outlook is Positive.
The Issuer Credit Rating reflects a high possibility that the People’s Government of Ganzhou City (“the Ganzhou government”) would provide strong support to GUIH if needed. This mainly considers the Ganzhou government’s indirect vast majority ownership of GUIH and GUIH’s strategic importance as an important urban development and operation entity in Ganzhou. The linkage between the local government and GUIH is strong, including management supervision, strategic alignment and ongoing operational and financial support. In addition, we believe the Ganzhou government has a strong willingness to prevent GUIH from encountering any operational or financial difficulties in order to safeguard its reputation and financing activities.
The Positive Outlook reflects our expectation that GUIH’s strategic importance would be strengthened given its expanding role in Ganzhou’s infrastructure construction and investment, especially in water conservancy projects. The Ganzhou government recently entrusted GUIH with establishing a water investment company to facilitate local water conservancy projects’ development and create a comprehensive water resources integration platform.
Ganzhou is a prefecture-level city and a provincial sub-center city in Jiangxi Province with abundant mineral resources including rare earths, tungsten, and kaolin. The GDP of Ganzhou grew by 5.4% to RMB494.0 billion in 2024, while the budgetary revenue of the Ganzhou government increased by 2.5% to RMB32.8 billion.