Lianhe Global has assigned ‘BBB’ global scale Long-term Issuance Credit Rating to Dongtai Huimin Urbanization Construction Group Co., Ltd.’s proposed CNY Guaranteed Bonds

HONG KONG, 18 November 2025 – Lianhe Ratings Global Limited (“Lianhe Global”), an international credit rating company, has assigned ‘BBB’ global scale Long-term Issuance Credit Rating to the proposed CNY Guaranteed Bonds (“the Bonds”) to be issued by Dongtai Huimin Urbanization Construction Group Co., Ltd. (“DTHM”; ‘BBB’/Stable). The Bonds will be unconditionally and irrevocably guaranteed by Dongtai Urban Construction Investment Development Group Co., Ltd. (“DTUC”).

DTHM intends to use the net proceeds from this offering for refinancing its existing offshore debts.