Lianhe Global has assigned ‘BBB+’ global scale Long-term Issuer Credit Rating with Stable Outlook to Qingdao Laoshan Science and Technology Innovation Development Group Co., Ltd.

HONG KONG, 25 April 2023 – Lianhe Ratings Global Limited (“Lianhe Global”), an international credit rating company, has assigned ‘BBB+’ global scale Long-term Issuer Credit Rating to Qingdao Laoshan Science and Technology Innovation Development Group Co., Ltd. (“QLSTI” or “the company”). The Outlook is Stable.