HONG KONG, 28 January 2019 – 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 bonds (“the USD bonds”) to be issued
by Yuzhou Properties Company Limited (“Yuzhou”; ‘BB’/Stable).
Yuzhou intends to use the net proceeds from the USD bonds primarily for refinancing its
existing indebtedness.