Lianhe Global has upgraded the global scale Long-term Issuer Credit Rating of Kasen International Holdings Limited to ‘BBB-’ from ‘BB+’; Issuer Rating Outlook Stable

HONG KONG, 3 January 2025 – Lianhe Ratings Global Limited (“Lianhe Global”), an international credit rating company, has upgraded the global scale Long-term Issuer Credit Rating of Kasen International Holdings Limited (496.HK) (“Kasen” or “the company”) to ‘BBB-’ from ‘BB+’. The Issuer Rating Outlook is Stable.