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June 24, 2022

CCXAP upgrades Yancheng City Assets Investment Group Company Limited.’s long-term credit rating to BBBg+, with stable outlook

Hong Kong, 24 June 2022 – China Chengxin (Asia Pacific) Credit Ratings Company Limited (“CCXAP”) has upgraded the long-term credit rating of Yancheng City Assets Investment Group Company Limited. (“YCAI” or the “Company”) to BBBg+ from BBBg.


Click HERE to download the press release.


CCXAP’s public ratings are available at (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 (Rating Methodologies).