Lianhe Global withdraws Haining Jianshan New Area Development Co., Ltd.’s global scale Long-term Issuer Credit Rating for Commercial Reasons

HONG KONG, 22 September 2025 – Lianhe Ratings Global Limited (“Lianhe Global”), an international credit rating company, has withdrawn the global scale Long-term Issuer Credit Rating of Haining Jianshan New Area Development Co., Ltd. (“HJNAD”; ‘BBB/Stable).

The rating was withdrawn for commercial reasons.