HONG KONG, 9 September 2024 – Lianhe Ratings Global Limited (“Lianhe Global”), an international credit rating company, has affirmed ‘BBB’ global scale Long-term Issuer Credit Rating to Hubei New Tongdu Urban Investment and Development Group Co., Ltd. (“HNTU” or “the company”). The Outlook is Stable.
Lianhe Global has also affirmed ‘BBB’ global scale long-term Issuance Credit Rating of the USD bonds issued by HNTU and guaranteed by Hubei Guanggudong State-Owned Capital Investment and Operation Group Ltd. (“GGDSI”, ‘BBB’/Stable) at the same time. A full list of affirmed issuance rating is included in this report.