Lianhe Global has upgraded the global scale Long-term Issuer Credit Rating of Shandong Mingshui Guokai Development Group Co., Ltd. to ‘BBB’ from ‘BBB-’; The Outlook is Stable.

HONG KONG, 4 November 2024 – Lianhe Ratings Global Limited (“Lianhe Global”), an international credit rating company, has upgraded the global scale Long-term Issuer Credit Rating of Shandong Mingshui Guokai Development Group Co., Ltd. (“SMGD” or “the company”) to ‘BBB’ from ‘BBB-’. The Outlook is Stable.