CCXAP upgrades Shanghai Yixin Financing Lease Co., Ltd.’s long-term credit rating to BBBg, with a stable outlook | News & Events | China Chengxin (Asia Pacific) Credit Ratings Company Limited

2025.1.28

CCXAP upgrades Shanghai Yixin Financing Lease Co., Ltd.’s long-term credit rating to BBBg, with a stable outlook

Hong Kong, 28 January 2025 – China Chengxin (Asia Pacific) Credit Ratings Company Limited (“CCXAP”) has upgraded the long-term credit rating of Shanghai Yixin Financing Leasing Co., Ltd. (“Yixin Financing” or the “Company”) to BBB_g from BBB_g-, reflecting its improving profitability and asset quality. The outlook is revised to stable after this rating upgrade.

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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 Financing Companies dated April 2019, available at www.ccxap.com (Rating Methodologies).