Lianhe Global has assigned ‘BBB-’ global scale Long-term Issuance Credit Rating to Chengdu Dongjin Huaitou Ronghe Industry Investment Co., Ltd.’s proposed senior unsecured bonds

HONG KONG, 22 December 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 Chengdu Dongjin Huaitou Ronghe Industry Investment Co., Ltd. (“CDHRI”; ‘BBB-/Stable’).

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