News & Events

Hong Kong, 30 December 2024 – China Chengxin (Asia Pacific) Credit Ratings Company Limited (“CCXAP”) has assigned a senior unsecured rating of BBB_g+ to the existing USD250 million senior bonds (ISIN: XS2859259678) issued by Minghu International (BVI) Investment Development Co., Limited (the “Issuer”), a wholly-owned subsidiary of Jinan Lixia Holding Group Co., Ltd. (“Lixia Holding” or the “Company”) (BBB_g+/stable), and unconditionally and irrevocably guaranteed by Lixia Holding.

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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).