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

HONG KONG, 18 March 2022 – Lianhe Ratings Global Limited (“Lianhe Global”), an international credit rating company, has withdrawn the global scale Long-term Issuer Credit Rating of Redsun Properties Group Limited (01996.HK) (“Redsun”). Lianhe Global has also withdrawn the global scale Long-term Issuance Credit Rating of the senior unsecured USD notes issued by Redsun. The ratings were withdrawn for commercial reasons.