HONG KONG, 21 May 2021 – 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 USD Bonds (“the USD Bonds”) to be issued by Jiangsu Shagang Group Company Limited’s (“Shagang”; ‘BBB+’/Stable) indirect wholly-owned subsidiary Wealthy Vision Holdings Limited, which is unconditionally and irrevocably guaranteed by Shagang.