HONG KONG, 31 March 2025 – Lianhe Ratings Global Limited (“Lianhe Global”), an international credit rating company, has affirmed ‘BBB’ global scale Long-term Issuer Credit Ratings of Shandong Gaochuang Holding Group Co., Ltd. (“SDGC”), ‘BBB-’ global scale Long-term Issuer Credit Ratings of Shandong Xintai Construction Group Co., Ltd. (“SXCG”), and ‘BBB’ global scale Long-term Issuer Credit Ratings of Heze City Investment Holdings Group Co., Ltd. (“HZCI”). The Outlooks are Stable.
Lianhe Global has also affirmed the following issuance ratings at the same time:
‘BBB’ global scale Long-term Issuance Credit Rating of the senior unsecured USD 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.
‘BBB-’ global scale Long-term Issuance Credit Rating of the senior unsecured CNY bonds issued by SXCG.
A full list of affirmed issuance ratings is included in this press release.