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

HONG KONG, 8 September 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 ‘BB-’ from ‘BB+’. The Outlook is Negative.