Lianhe Global has upgraded the global scale Long-term Issuer Credit Rating of Chongqing Fengdu Culture Tourism Group Co., Ltd. to ‘BBB’ from ‘BBB-’; Issuer Rating Outlook Stable

HONG KONG, 14 October 2025 – Lianhe Ratings Global Limited (“Lianhe Global”), an international credit rating company, has upgraded the global scale Long-term Issuer Credit Rating of Chongqing Fengdu Culture Tourism Group Co., Ltd. (“CFCT” or “the company”) to ‘BBB’ from ‘BBB-’. The Outlook is stable.