Lianhe Global has assigned ‘BBB+’ global scale Long-term Issuance Credit Rating to Qingdao Military-Civilian Integration Development Group Co., Ltd., Ltd.’s proposed senior unsecured bonds

HONG KONG, 4 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 Military-Civilian Integration Development Group Co., Ltd., Ltd (“QMIDG”; ‘BBB+’/Stable).

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