Lianhe Global has upgraded the global scale Long-term Issuer Credit Rating of Taixing Runjia Holdings Ltd. to ‘BBB’ from ‘BBB-’; Issuer Rating Outlook Revised to Stable

HONG KONG, 28 February 2025 – Lianhe Ratings Global Limited (“Lianhe Global”), an international credit rating company, has upgraded the global scale Long-term Issuer Credit Rating of Taixing Runjia Holdings Ltd. (“TRH” or “the company”) to ‘BBB’ from ‘BBB-’; Issuer Rating Outlook revised to stable.