HONG KONG, 24 October 2024 – Lianhe Ratings Global Limited (“Lianhe Global”), an international credit rating company, has assigned ‘A+’ global scale Long-term Issuance Credit Rating to the senior unsecured guaranteed CNY bonds (“the Bonds”) to be issued by Puyang Kaizhou Investment Group Co., Ltd. (“PKIG”; ‘BBB-/Stable’).