Lianhe Ratings Global Limited has upgraded the global scale Long-term Issuer and Issuance Credit Rating of Yangzhou Economic and Technological Development Zone Development (Group) Co., Ltd. to ‘A-’ from ‘BBB+’; Issuer Rating Outlook Stable

HONG KONG, 25 March 2024 – Lianhe Ratings Global Limited (“Lianhe Global”), an international credit rating company, has upgraded the global scale Long-term Issuer Credit Rating of Yangzhou Economic and Technological Development Zone Development (Group) Co., Ltd. (“YETDG” or “the company”) to ‘A-’ from ‘BBB+’. The Outlook is Stable.