News & Events
Hong Kong, 19 July 2024 -- China Chengxin (Asia Pacific) Credit Ratings Company Limited (“CCXAP”) has upgraded Zhenjiang Transportation Industry Group Co., Ltd.’s (“ZJTI” or the “Company”) long-term credit rating to BBBg+, with stable outlook, reflecting the stronger capacity to provide support from Zhenjiang Municipal Government with ongoing economic and fiscal growth as well as ZJTI’s good track record of receiving government support.
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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 July 2022, available at www.ccxap.com (Rating Methodologies).