HONG KONG, 16 September 2021 – Lianhe Ratings Global Limited (“Lianhe Global”), an international credit rating company, has assigned ‘B+’ Issuance Credit Rating to the proposed 364-day senior unsecured USD notes (“the USD notes”) to be issued by Yincheng International Holding Co., Ltd. (1902.HK) (“Yincheng”, ‘B+’/Stable).