Lianhe Global has assigned ‘BBB-’ global scale Long-term Issuance Credit Rating to Changshan County City Investment Group Co., Ltd.’s proposed senior unsecured bonds

HONG KONG, 25 August 2023 – Lianhe Ratings Global Limited (“Lianhe Global”), an international credit rating company, has assigned ‘BBB-’ global scale Long-term Issuance Credit Rating to the senior unsecured bonds (“the Bonds”) to be issued by Changshan County City Investment Group Co., Ltd. (“CCCI”; ‘BBB-/Stable’).

CCCI intends to use the net proceeds from this offering for project investment and supplement of working capital.