Lianhe Global has assigned ‘BBB+’ global scale Long-term Issuance Credit Rating to Yangzhou Hanjiang State-owned Capital Investment Group Co., Ltd.’s proposed senior unsecured bonds

HONG KONG, 3 June 2024 – Lianhe Ratings Global Limited (“Lianhe Global”), an international credit rating company, has assigned ‘BBB+’ global scale Long-term Issuance Credit Rating to the senior unsecured bonds (“the Bonds”) to be issued by Yangzhou Hanjiang State-owned Capital Investment Group Co., Ltd. (“HJSI”; ‘BBB+/Stable’).

HJSI intends to use the net proceeds from this offering for project construction and supplement of working capital.