Lianhe Global has upgraded the global scale Long-term Issuer Credit Rating of Shandong Hejian State-owned Capital Investment Co., Ltd. to ‘BBB+’ from ‘BBB’; Issuer Rating Outlook Stable

HONG KONG, 25 October 2023 – Lianhe Ratings Global Limited (“Lianhe Global”), an international credit rating company, has upgraded the global scale Long-term Issuer Credit Rating of Shandong Hejian State-owned Capital Investment Co., Ltd. (“SHSCI”) to ‘BBB+’ from ‘BBB’. The Outlook is Stable.