Lianhe Global has assigned ‘BB+’ to China Aoyuan Group Ltd.’s proposed USD Notes

HONG KONG, 11 November 2020 – Lianhe Ratings Global Limited (“Lianhe Global”), an international credit rating company, has assigned ‘BB+’ global scale Long-term Issuance Credit Rating to the proposed senior unsecured USD notes (“the USD notes”) to be issued by China Aoyuan Group Ltd. (“Aoyuan”; ‘BB+/Stable).