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

HONG KONG, 25 February 2022 – 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 ‘CCC’ from ‘B’. The Outlook is revised to Negative.