Lianhe Global has upgraded the global scale Long-term Issuer and Issuance Credit Rating of Radiance Group Company Limited to ‘BB’ from ‘BB-’; Issuer Rating Outlook Stable

HONG KONG, 7 July 2020 – Lianhe Ratings Global Limited (“Lianhe Global”), an international credit rating company, has upgraded the global scale Long-term Issuer Credit Rating of Radiance Group Company Limited (“Radiance” or “the company”) to ‘BB’ from ‘BB-’ (with Positive Outlook). The Outlook is Stable.