HONG KONG, 26 April 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 CNY Bonds (“the Bonds”) to be issued by Jiangsu Runxin City Investment Group Co., Ltd. (“JRCI”; ‘BBB/Stable’).
JRCI intends to use the net proceeds from this offering for project construction and supplement of working capital.