Lianhe Global withdraws Suqian Yufeng Industrial Investment Development Management Group Co., Ltd.’s global scale Long-term Issuer Credit Rating for Commercial Reasons

HONG KONG, 13 March 2024 – Lianhe Ratings Global Limited (“Lianhe Global”), an international credit rating company, has withdrawn the global scale Long-term Issuer Credit Rating of Suqian Yufeng Industrial Investment Development Management Group Co., Ltd. (“SYII”; ‘BBB-/Stable’). The rating was withdrawn for commercial reasons.