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July 16, 2020

CCXAP affirms GCL Intelligent Energy Co., Ltd.'s long-term credit rating at BBg+, and revises the rating outlook to stable from positive

Hong Kong, 16 July 2020 -- China Chengxin (Asia Pacific) Credit Ratings (“CCXAP”) has affirmed the long-term credit rating of GCL Intelligent Energy Co., Ltd. (“GCL Intelligent Energy” or the “Company”) at BBg+. The rating outlook is revised to stable from positive.


CCXAP’s public ratings are available at (Rating Results) and may be distributed through media and other means. The methodology used in this rating is Rating Methodology for Electric Utilities Industry dated April 2018, available at (Rating Methodology).


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