Lianhe Global withdraws Xi’an Chanba Development Group Co., Ltd.’s global scale Long-term Issuer Credit Rating for Commercial Reasons

HONG KONG, 30 July 2024 – Lianhe Ratings Global Limited (“Lianhe Global”), an international credit rating company, has withdrawn the global scale Long-term Issuer Credit Rating of Xi’an Chanba Development Group Co., Ltd. (“XCDG”; ‘BBB-/Stable’). The rating was withdrawn for commercial reasons.