Lianhe Global has assigned ‘BBB-’ global scale Long-term Issuance Credit Rating to Anqing Yixiu District Beautiful Village Construction Co., Ltd.’s CNY Bonds

HONG KONG, 5 November 2024 – Lianhe Ratings Global Limited (“Lianhe Global”), an international credit rating company, has assigned ‘BBB-’ global scale Long-term Issuance Credit Rating to the CNY265.1 million, 7.8% senior unsecured CNY Bonds due 2027 (“the Bonds”) issued by Anqing Yixiu District Beautiful Village Construction Co., Ltd. (“AYVC”; ‘BBB-/Stable’).

AYVC intends to use the net proceeds from this offering for the projects construction and working capital replenishment.