Lianhe Global has affirmed ‘BBB’ global scale Long-term Issuer and Issuance Credit Rating of Heze City Investment Holdings Group Co., Ltd.; Issuer Rating Outlook Stable

HONG KONG, 30 April 2024 – Lianhe Ratings Global Limited (“Lianhe Global”), an international credit rating company, has affirmed ‘BBB’ global scale Long-term Issuer Credit Rating of Heze City Investment Holdings Group Co., Ltd. (“HZCI” or “the company”). The Outlook is Stable.

Lianhe Global has also affirmed ‘BBB’ global scale Long-term Issuance Credit Rating of the senior unsecured USD Notes (“the Notes”) issued by Heze City Investment Holdings International Co., Limited, an indirect wholly-owned subsidiary of HZCI. The Notes are unconditionally and irrevocably guaranteed by HZCI. A full list of affirmed issuance rating is included in this press release.