Lianhe Ratings Global Limited has affirmed ‘BBB’ global scale Long-term Issuer and Issuance Credit Rating of Hubei New Tongdu Urban Investment and Development Group Co., Ltd.; Issuer Rating Outlook Stable

HONG KONG, 4 September 2025 – Lianhe Ratings Global Limited (“Lianhe Global”), an international credit rating company, has affirmed ‘BBB’ global scale Long-term Issuer and Issuance Credit Rating of Hubei New Tongdu Urban Investment and Development Group Co., Ltd. (“HNTU” or “the company”); Issuer Rating Outlook is Stable.

Lianhe Global has also affirmed ‘BBB’ global scale Long-term Issuance Credit Rating of the senior unsecured USD bonds issued by HNTU and guaranteed by Hubei Guanggudong State-Owned Capital Investment and Operation Group Ltd. (“GGDSI”, ‘BBB’/Stable) at the same time. A full list of affirmed issuance rating is included in this press release.