Lianhe Global: Jingrui Holdings Limited’s Long-term Issuance Credit Rating Unaffected by the Proposed USD Notes Tap Issuance

HONG KONG, 16 March 2021 – Lianhe Ratings Global Limited (“Lianhe Global”), an international credit rating company, says Jingrui Holdings Limited’s (01862.HK) (“Jingrui”, ‘B+’/Stable) proposed tap issuance of its USD 240 million 14.5% senior notes due 2023 will not affect the ‘B+’ rating on the notes.