HONG KONG, 3 July 2026 – Lianhe Ratings Global Limited (“Lianhe Global”), an international credit rating company, has assigned ‘BBB’ global scale Long-term Issuance Credit Rating to the CNY650 million, 6.7% senior unsecured bonds due 2029 (“the Bonds”) issued by Xiao County Construction Investment Group Co., Ltd. (“XCCIG”; ‘BBB’/Stable).
XCCIG intends to use the net proceeds from the Bonds for refinancing existing offshore indebtedness.