HONG KONG, 9 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 Zhejiang Anji Construction Holding Group Co., Ltd. (“ZACH”; ‘BBB/Stable’).
ZACH intends to use the net proceeds from this offering for project construction and supplement of working capital.