HONG KONG, 15 July 2025 – Lianhe Ratings Global Limited (“Lianhe Global”), an international credit rating company, has upgraded the global scale Long-term Issuer Credit Rating of Jining City Development Capital Holdings Co., Ltd. (“JCDCH” or “the company”) to ‘BBB+’ from ‘BBB’; Issuer Rating Outlook Stable.
Lianhe Global has also upgraded the global scale Long-term Issuance Credit Rating of the senior unsecured bonds issued by JCDCH to ‘BBB+’ from ‘BBB’ at the same time. A full list of issuance rating is included in this press release.