HONG KONG, 31 December 2024 – Lianhe Ratings Global Limited (“Lianhe Global”), an international credit rating company, has affirmed ‘BBB+’ global scale Long-term Issuer Credit Rating to Foshan Nanhai Lianda Investment (Holding) Co., Ltd. (“FNLI” or “the company”). The Outlook is Stable.
Lianhe Global has also affirmed ‘BBB+’ global scale Long-term Issuance Credit Rating of the senior unsecured CNY Green Bonds issued by FNLI at the same time. A full list of affirmed issuance rating is included in this press release.
The Stable Outlook reflects our expectation that FNLI’s strategic importance would remain intact while the Nanhai District government will continue to ensure FNLI’s stable operation.