Lianhe Global has upgraded the global scale Long-term Issuer Credit Rating of Chongqing Tongnan District Construction Engineering (Group) Co., Ltd. to ‘BBB’ from ‘BBB-’; Issuer Rating Outlook

HONG KONG, 3 July 2026 – Lianhe Ratings Global Limited (“Lianhe Global”), an international credit rating company, has upgraded the global scale Long-term Issuer Credit Rating of Tongnan District Construction Engineering (Group) Co., Ltd. (“CTDCE”) to ‘BBB’ from ‘BBB-’. The Issuer Rating Outlook is Stable.