HONG KONG, 11 May 2023 – 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 Qingdao Haike Holdings Co., Ltd. (“QHH”; ‘BBB’/Stable).
QHH intends to use the net proceeds from this offering for project construction and supplement of working capital.