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

HONG KONG, 26 July 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 Dongyang State-owned Assets Investment Co., Ltd. (“DSAI”; ‘BBB+’/Stable).

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