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

HONG KONG, 3 January 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 Jianli City Development Investment Group Co., Ltd. (“JCDIG”; ‘BBB-/Stable’).

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