Lianhe Global: XMXYG Corporation’s Long-term Issuance Credit Rating Unaffected by the Proposed USD Bonds Tap Issuance

HONG KONG, 12 January 2023 – Lianhe Ratings Global Limited (“Lianhe Global”), an international credit rating company, says XMXYG Corporation’s (“XMXYG”, ‘BBB+/Positive’) proposed tap issuance of its USD300 million 5.7% senior unsecured USD bonds due 2025 will not affect the ‘BBB+’ rating on the bonds.