Lianhe Global has assigned ‘BBB-’ global scale Long-term Issuance Credit Rating to Shouguang Jinxin Investment Development Holding Group Co., Ltd. ’s proposed senior unsecured bonds

HONG KONG, 18 January 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 Shouguang Jinxin Investment Development Holding Group Co., Ltd. (“SSJID”; ‘BBB-’/Stable).

SSJID intends to use the net proceeds from this offering for supplement of working capital, project construction and general corporate purposes.