HONG KONG, 18 January 2021 – Lianhe Ratings Global Limited (“Lianhe Global”), an international credit rating company, has assigned ‘BB-’ Issuance Credit Rating to the proposed 364-day senior unsecured USD green notes (“the USD notes”) to be issued by Sinic Holdings (Group) Company Limited (2103.HK) (“Sinic” or “the company”, ‘BB-’/Positive).