CCXAP assigns Ag+ to Changge Urban Construction Investment Co., Ltd.’s existing guaranteed CNY bonds | News & Events | China Chengxin (Asia Pacific) Credit Ratings Company Limited

2025.5.15

CCXAP assigns Ag+ to Changge Urban Construction Investment Co., Ltd.’s existing guaranteed CNY bonds

Hong Kong, 15 May 2025 – China Chengxin (Asia Pacific) Credit Ratings Company Limited (“CCXAP”) has assigned a senior unsecured debt rating (guaranteed) of A_g+ to existing senior bonds (ISIN: HK0001110987, XS3073641071) issued by Changge Urban Construction Investment Co., Ltd. (“CUCI”) (BBB_g-/stable). The bonds are unconditionally and irrevocably guaranteed by Henan Zhongyu Credit Promotion Co., Ltd. (“HZCP”) (A_g+/stable).

Click HERE to download the press release.

CCXAP’s public ratings are available at www.ccxap.com (Rating Results) and may be distributed through media and other means. Methodologies used in this rating are the Rating Methodology for China’s Local Infrastructure Investment and Financing Companies dated July 2022 and the Rating Methodology for Financial Guarantors dated January 2022, available at www.ccxap.com (Rating Methodologies).