HONG KONG, 23 April 2026 – Lianhe Ratings Global Limited (“Lianhe Global”), an international credit rating company, has assigned ‘BBB+’ global scale Long-term Issuance Credit Rating to the proposed CNY bonds (“the Bonds”) to be issued by Qingdao Laoshan Science and Technology Innovation Development Group Co., Ltd. (“QLSTI”; ‘BBB+’/Stable).
QLSTI intends to use the net proceeds from this offering for refinancing offshore bonds.