Lianhe Global downgrades Jinke Property Group Co., Ltd.’s global scale Long-term Issuer Credit Rating and Long-term Issuance Credit Rating to ‘B+’ from ‘BB’; on Rating Watch Negative

HONG KONG, 23 May 2022 – Lianhe Ratings Global Limited (“Lianhe Global”), an international credit rating company, has downgraded the global scale Long-term Issuer Credit Rating of Jinke Property Group Co., Ltd. (000656.SZ) (“Jinke” or “the company”) to ‘B+’ from ‘BB’.