Lianhe Global has assigned ‘BBB+’ global scale Long-term Issuance Credit Rating to Yangzhou Economic and Technological Development Zone Development (Group) Co., Ltd’s proposed USD green bonds

HONG KONG, 6 April 2022 – Lianhe Ratings Global Limited (“Lianhe Global”), an international credit rating company, has assigned ‘BBB+’ global scale Long-term Issuance Credit Rating to the proposed senior unsecured USD green bonds (“the USD Green Bonds”) to be issued by Yangzhou Economic and Technological Development Zone Development (Group) Co., Ltd (“YETDG”; ‘BBB+’/Stable).