Lianhe Global has assigned ‘BBB-’ global scale Long-term Issuer Credit Rating with Stable Outlook to Taizhou Hailing City Development Group Co., Ltd.

HONG KONG, 14 March 2022 – Lianhe Ratings Global Limited (“Lianhe Global”), an international credit rating company, has assigned ‘BBB-’ global scale Long-term Issuer Credit Rating to Taizhou Hailing City Development Group Co., Ltd. (“THCD”). The Outlook is Stable.