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March 23, 2020

CCXAP withdraws the credit rating of Shenyang Heping District State-owned Assets Operations Co., Ltd.

Hong Kong, 23 March 2020 -- China Chengxin (Asia Pacific) Credit Ratings Company Limited (“CCXAP”) has withdrawn the credit rating on Shenyang Heping District State-owned Assets Operations Co., Ltd. (“SHDSAO”) for SHDSAO’s own business reasons. Prior to the rating withdrawal, SHDSAO’s long-term credit rating was BBBg with a stable outlook. Please refer to CCXAP’s credit rating withdrawal policies, available at www.ccxap.com (Rating Services > > Rating Definition and Meaning).

 

CCXAP’s public ratings are available at www.ccxap.com (Rating Results). The methodology used in this rating is Rating Methodology for China’s Local Government Financing Vehicles dated June 2017, available at www.ccxap.com (Rating Methodologies).