HONG KONG, 21 October 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 Zhongliang Holdings Group Company Limited (2772.HK) (“Zhongliang”, ‘BB’/Stable).