Lianhe Global withdraws Yincheng International Holding Co., Ltd.’s global scale Long-term Issuer and Issuance Credit Rating for Commercial Reasons

HONG KONG, 11 February 2022 – Lianhe Ratings Global Limited (“Lianhe Global”), an international credit rating company, has withdrawn the global scale Long-term Issuer Credit Rating of Yincheng International Holding Co., Ltd. (1902.HK) (“Yincheng”). Lianhe Global has also withdrawn the Issuance Credit Rating of the senior unsecured USD notes issued by Yincheng. The ratings were withdrawn for commercial reasons.