Lianhe Global has affirmed ‘A+’ global scale Long-term Issuance Credit Rating of Dujiangyan Minjiang Water Group Co., Ltd.’s Credit Enhanced Bonds

HONG KONG, 29 May 2026 – Lianhe Ratings Global Limited (“Lianhe Global”), an international credit rating company, has affirmed ‘A+’ global scale Long-term Issuance Credit Rating of the USD50 million, 5.0% credit enhanced bonds due 2028 (“the Bonds”) issued by Dujiangyan Minjiang Water Group Co., Ltd. (“DMWG”; ‘BBB/Stable’) and supported by an irrevocable standby letter of credit (“the SBLC”) issued by Huishang Bank Corporation Limited (“HBC”).

A full list of affirmed issuance ratings is included in this press release.