HONG KONG, 16 June 2025 – Lianhe Ratings Global Limited (“Lianhe Global”), an international credit rating company, has assigned ‘BBB+’ global scale Long-term Issuance Credit Rating to the proposed Yulan USD Guaranteed Bonds (“the Bonds”) to be issued by Yixin Innovation Technology Co., Ltd., a wholly-owned subsidiary of Shandong Yihe Holding Group Co., Ltd. (“SYHG”; ‘BBB+/Stable’).
SYHG intends to use the net proceeds from this offering for project construction and replenishment of working capital.