CCXAP upgrades Huai’an Traffic Holding Group Co., Ltd.’s long-term credit rating to Ag-, with stable outlook. | News & Events | China Chengxin (Asia Pacific) Credit Ratings Company Limited

2025.4.28

CCXAP upgrades Huai’an Traffic Holding Group Co., Ltd.’s long-term credit rating to Ag-, with stable outlook.

Hong Kong, 28 April 2025 -- China Chengxin (Asia Pacific) Credit Ratings Company Limited (“CCXAP”) has upgraded the long-term credit rating of Huai’an Traffic Holding Group Co., Ltd. (“HATH” or the “Company”) to A_g- from BBB_g+, reflecting the Company’s clear and improving strategic position in the transport and logistic development of Huai’an City. At the same time, CCXAP has upgraded its senior unsecured debt rating to A_g-.

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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).