HONG KONG, 24 June 2026 – Lianhe Ratings Global Limited (“Lianhe Global”), an international credit rating company, has assigned ‘A-’ global scale Long-term Issuance Credit Rating to the proposed CNY bonds (“the Bonds”) to be issued by Hubei New Tongdu Urban Investment and Development Group Co., Ltd. (“HNTU”; ‘A-’/Stable).
HNTU intends to use the net proceeds from this offering for refinancing offshore bonds.