HONG KONG, 1 June 2021 – 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 Hongqiao Group Limited (1378.HK) (“China Hongqiao” or “the company”; ‘BB+’/Stable).