Lianhe Global has affirmed ‘BB+’ global scale Long-term Issuer and Issuance Credit Ratings of China Hongqiao Group Limited; Issuer Rating Outlook remains Positive

HONG KONG, 27 April 2023 – Lianhe Ratings Global Limited (“Lianhe Global”), an international credit rating company, has affirmed ‘BB+’ global scale Long-term Issuer Credit Rating of China Hongqiao Group Limited (1378.HK) (“China Hongqiao”). The Outlook remains Positive.

Lianhe Global has also affirmed “BB+” global scale Long-term Issuance Credit Rating of the senior unsecured USD notes issued by China Hongqiao at the same time. A full list of issuance ratings is included in this press release.