HONG KONG, 10 January 2025 – Lianhe Ratings Global Limited (“Lianhe Global”), an international credit rating company, has withdrawn the global scale Long-term Issuer Credit Rating of Mianyang Xinxing Investment Holdings Co., Ltd. (“MYXI”; ‘BBB-/Stable’). Lianhe Global has also withdrawn ‘A+’ global scale Long-term Issuance Credit Rating of the CNY Guaranteed Bonds issued by MYXI and unconditionally and irrevocably guaranteed by Tianfu Bond Insurance Co., Ltd.
The rating was withdrawn for commercial reasons.