Lianhe Global has affirmed ‘BB’ global scale Long-term Issuer and Issuance Credit Ratings of Yango Group Co., Ltd; Issuer Rating Outlook is Stable

HONG KONG, 17 May 2021 – Lianhe Ratings Global Limited (“Lianhe Global”), an international credit rating company, has affirmed ‘BB’ global scale Long-term Issuer Credit Rating of Yango Group Co., Ltd (000671.SZ) (“Yango” or “the company”). The Outlook is Stable.