Lianhe Global has upgraded the global scale Long-term Issuer and Issuance Credit Rating of Hubei New Tongdu Urban Investment and Development Group Co., Ltd. to ‘A-’ from ‘BBB’; Issuer Rating Outlook Revised to Positive

HONG KONG, 18 June 2026 – Lianhe Ratings Global Limited (“Lianhe Global”), an international credit rating company, has upgraded the global scale Long-term Issuer Credit Rating of Hubei New Tongdu Urban Investment and Development Group Co., Ltd. (“HNTU”) to ‘A-’ from ‘BBB’; The Issuer Rating Outlook is revised to Positive from Stable.