HONG KONG, 14 July 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 USD Bonds (“the Bonds”) to be issued by Zoucheng Hengtai Holding Group Co., Ltd. (“ZHHG”; ‘BBB/Stable’).
ZHHG intends to use the net proceeds from this offering for project construction and replenishing working capital.