HONG KONG, 28 August 2025 – Lianhe Ratings Global Limited (“Lianhe Global”), an international credit rating company, has assigned ‘A+’ global scale Long-term Issuance Credit Rating to the proposed CNY guaranteed bonds (“the Bonds”) to be issued by Dujiangyan Urban and Rural Construction Group Co., Ltd. (“DURC”; ‘BBB’/Stable). The Bonds will be unconditionally and irrevocably guaranteed by Chongqing Xingnong Financing Guarantee Group Co., Ltd. (“CXFG”).
DURC intends to use the net proceeds from this offering for projects development and working capital replenishment.