HONG KONG, 2 July 2025 – Lianhe Ratings Global Limited (“Lianhe Global”), an international credit rating company, has affirmed ‘BBB+’ global scale Long-term Issuer Credit Ratings of Jiangshan Economic Development Zone Construction Investment Group Co., Ltd. (“JEDZC”), ‘A-’ global scale Long-term Issuer Credit Ratings of Zhejiang Changsanhe Holding Group Co., Ltd. (“ZCHG”), and ‘BBB’ global scale Long-term Issuer Credit Ratings of Haining Jianshan New Area Development Co., Ltd. (“HJNAD”). The Outlooks are Stable.