Lianhe Global withdraws Sinic Holdings (Group) Company Limited’s global scale Long-term Issuer and Issuance Credit Rating for Commercial Reasons

HONG KONG, 5 October 2021 – Lianhe Ratings Global Limited (“Lianhe Global”), an international credit rating company, has withdrawn the global scale Long-term Issuer Credit Rating of Sinic Holdings (Group) Company Limited (2103.HK) (“Sinic”). Lianhe Global has also withdrawn the global scale Long-term Issuance Credit Rating of the senior unsecured USD notes issued by Sinic. The ratings were withdrawn for commercial reasons.