Lianhe Global Awarded Type 10 License by SFC

Lianhe Rating Global Limited (“Lianhe Global”) was granted a type 10 licence (Providing Credit Rating Services) by the Securities and Futures Commission (“SFC”) on 16 July 2018. This represented the first type 10 licence issued by SFC since July 2014. Lianhe Global has now become the eighth credit rating agency registered in Hong Kong.

This marks an important milestone in the internationalisation effort of China Lianhe Credit Information Services Co., Ltd. (“Lianhe Group”), the parent company of Lianhe Global. Lianhe Group is one of the leading credit rating agencies in China. Lianhe Group plans to expand above and beyond its footprint in China. With the acquisition of the SFC licence and the establishment of Lianhe Global, they are conducive for Lianhe Global to venture into the EU market as a first and important step to realise the internationalisation effort.

In the past six months, each and every individual involved in the licensing process had worked tirelessly. I sincerely thank each and every shareholder, the colleagues at Lianhe Group, Beijing headquarter and Hong Kong office for their joint dedication, unwavering efforts, and persistent pursuit to finally see the fruition of their hard work. I thank every one of them. And congratulate them on a job well done.

Thanks again and congratulations!