Lianhe Global withdraws China Aoyuan Group Limited’s global scale Long-term Issuer and Issuance Credit Rating for Commercial Reasons

HONG KONG, 17 November 2021 – Lianhe Ratings Global Limited (“Lianhe Global”), an international credit rating company, has withdrawn the global scale Long-term Issuer Credit Rating of China Aoyuan Group Limited (03883.HK) (“Aoyuan”). Lianhe Global has also withdrawn the global scale Long-term Issuance Credit Rating of the senior unsecured USD notes issued by Aoyuan. The ratings were withdrawn for commercial reasons.