HONG KONG, 5 March 2026 – Lianhe Ratings Global Limited (“Lianhe Global”), an international credit rating company, has upgraded the global scale Long-term Issuer and Issuance Credit Rating of Taixing Runjia Holdings Ltd. (“TRH” or “the company”) to ‘BBB+’ from ‘BBB’; Issuer Rating Outlook is Stable.
Lianhe Global has also upgraded the global scale Long-term Issuance Credit Rating of the senior unsecured bonds issued by TRH to ‘BBB+’ from ‘BBB’ at the same time. A full list of issuance ratings is included in this rating report.