HONG KONG, November 6, 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 Qingdao Ocean Investment Group Co., Ltd (“QOIG”; ‘BBB+/Stable’).
QOIG intends to use the net proceeds from this offering for project construction and supplement of working capital.