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CCXAP affirms Yancheng City Assets Investment Group Co., Ltd’s long-term credit rating at BBBg, with stable outlook

Hong Kong, 17 November 2021 -- China Chengxin (Asia Pacific) Credit Ratings Company Limited (“CCXAP”) has affirmed the long-term credit rating of Yancheng City Assets Investment Group Co., Ltd. (“YCAI”) at BBBg, with stable outlook.


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CCXAP’s public ratings are available at www.ccxap.com (Rating Results) and may be distributed through media and other means. Methodology used in this rating is the Rating Methodology for China’s Local Infrastructure Investment and Financing Companies dated May 2020, available at www.ccxap.com (Rating Methodologies).