In 2019 Lianhe Global Was the Largest Chinese Offshore Credit Rating Agency

Lianhe Ratings Global Limited (“Lianhe Global” or “the Company”) rated USD 7.52 billion worth of bonds in 2019, making Lianhe Global the largest Chinese offshore credit rating agency in the Chinese offshore bond market. In addition, Lianhe Global has assigned and published global scale issuer credit ratings (all solicited) to fifteen issuers; Liangshan Development (Holdings) Group Co., Ltd. (“Liangshan”), Yuzhou Properties Company Limited (“Yuzhou Properties”), CIFI Holdings (Group) Co. Ltd.(“CIFI”), Logan Property Holdings Company Limited (“Logan Property”), Jingrui Holdings Limited (“Jingrui”), Redsun Properties Group Limited. (“Redsun”), Yango Group Company Limited (“Yango”), Qingdao City Construction Investment (Group) Limited (“QCCI”), Fujian Yango Group Co., Ltd. (“Fujian Yango”), China Hongqiao Group Limited (“China Hongqiao”), Radiance Group Co., Ltd. (“Radiance”), Zhengzhou Urban Construction Investment Group Co., Ltd. (“ZZC”), Yancheng Oriental Investment & Development Group Co., Ltd.(“Yancheng Oriental”), China Aoyuan Group Limited (“Aoyuan”), and E-House (China) Enterprise Holdings Limited (“E-House”).