Lianhe Ratings Global Limited has assigned ‘BBB-’ global scale Long-term Issuer Credit Rating with Stable Outlook to Shaanxi Xixian New Area Fengxi Development Group Co., Ltd.

HONG KONG, 17 February 2023 – Lianhe Ratings Global Limited (“Lianhe Global”), an international credit rating company, has assigned ‘BBB-’ global scale Long-term Issuer Credit Rating to Shaanxi Xixian New Area Fengxi Development Group Co., Ltd. (“SXFD” or “the company”). The Outlook is Stable.