Hong Kong, December 27, 2024 – Recently, Lianhe Ratings Global Limited (“Lianhe Global”), as the only Chinese international rating agency, assisted Zhuhai Huafa Group Co., Ltd. (“ZHG”or “Huafa Group”) in successfully issuing a 1.4 billion, 3-year offshore RMB digital native bond (“Digital Bond”). In this transaction, Lianhe Global provided Huafa Group and international market investors with comprehensive credit rating services in digital platform credit research, digital bond risk analysis, and grade setting.