Lianhe Global downgrades E-House (China) Enterprise Holdings Limited’s global scale Long-term Issuer and Issuance Credit Rating to ‘B’ from ‘BB-’; Issuer Rating Outlook Revised to Stable

HONG KONG, 31 December 2021 – Lianhe Ratings Global Limited (“Lianhe Global”), an international credit rating company, has downgraded the global scale Long-term Issuer Credit Rating of E-House (China) Enterprise Holdings Limited (02048.HK) (“E-House” or “the company”) to ‘B’ from ‘BB-’. The Outlook is revised to Stable.