Lianhe Global places Yuzhou Group Holdings Company Limited on Rating Watch Negative

HONG KONG, 26 March 2021 – Lianhe Ratings Global Limited (“Lianhe Global”), an international credit rating company, has placed the ‘BB’ global scale Long-term Issuer Credit Rating to Yuzhou Group Holdings Company Limited (01628.HK) (“Yuzhou” or “the company”) on Rating Watch Negative (RWN).

Lianhe Global has also placed the ‘BB’ global scale Long-term Issuance Credit Rating to the senior unsecured USD notes issued by Yuzhou on RWN.