Lianhe Global has assigned ‘BBB’ global scale Long-term Issuance Credit Rating to Hubei Sanjiang Industrial Investment Co., Ltd.’s proposed senior unsecured bonds

HONG KONG, 5 July 2024 – 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 Hubei Sanjiang Industrial Investment Co., Ltd. (“HSII”; ‘BBB/Stable’).

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