Lianhe Global has assigned ‘BB’ to Yango Group Co., Ltd’s proposed USD notes

HONG KONG, 08 July 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 Yango Justice International Limited, a wholly-owned subsidiary of Yango Group Co., Ltd (“Yango”; ‘BB’/Stable), and guaranteed by Yango.