HONG KONG, 7 July 2025 – Lianhe Ratings Global Limited (“Lianhe Global”), an international credit rating company, has affirmed ‘BBB’ global scale Long-term Issuance Credit Rating of the senior unsecured USD bonds issued by Quanzhou Nanyi Investment Group Co., Ltd. (“QNIG”). A full list of affirmed issuance rating is included in this press release.