HONG KONG, 24 April 2023 – 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 CNY bonds (“the Bonds”) to be issued by Zhangzhou Jiulongjiang Group Co., Ltd. (“Jiulongjiang Group”; ‘BBB+’/Stable).
Jiulongjiang Group intends to use the net proceeds from this offering for supplement of working capital and project construction.