HONG KONG, 17 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 Langxi Kaichuang Group Holdings Co., Ltd. (“LKGH”; ‘BBB-/Stable’).
LKGH intends to use the net proceeds from this offering for project construction and supplement of working capital.