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December 31, 2021

CCXAP withdraws the BBg+ long-term credit rating of Zhuhai Huafa Industrial Co., Ltd.

Hong Kong, 31 December 2021 -- China Chengxin (Asia Pacific) Credit Ratings Company Limited (“CCXAP”) has withdrawn the BBg+ long-term credit rating of Zhuhai Huafa Industrial Co., Ltd. (“Huafa Industrial”) for its own business reasons. Please refer to CCXAP’s credit rating withdrawal policies, available at www.ccxap.com (Rating Services > > Rating Definition and Meaning).  

 

Click HERE to download the press release.

 

CCXAP’s public ratings are available at www.ccxap.com (Rating Results). The methodology used in this rating is Rating Methodology of Real Estate Development Industry dated December 2019, available at www.ccxap.com (Rating Methodologies).