Xi’an Kingfar Holding (Group) Co., Ltd. (Rating Report)

Lianhe Ratings Global Limited (“Lianhe Global”) has affirmed ‘A-’ global scale Long-term Issuer Credit Rating of Xi’an Kingfar Holding (Group) Co., Ltd. (“Xi’an Kingfar” or “the company”) with Stable Outlook; The global scale Long-term Issuance Credit Rating of its Credit Enhanced Guaranteed CNY Bonds affirmed at ‘AA-’