CXAP affirms Quzhou Qutong Transportation Investment Development Co., Ltd.’s long-term credit rating at Ag-, with stable outlook. | News & Events | China Chengxin (Asia Pacific) Credit Ratings Company Limited

2025.5.16

CXAP affirms Quzhou Qutong Transportation Investment Development Co., Ltd.’s long-term credit rating at Ag-, with stable outlook.

Hong Kong, 16 May 2025 – China Chengxin (Asia Pacific) Credit Ratings Company Limited (“CCXAP”) has affirmed the long-term credit rating of Quzhou Qutong Transportation Investment Development Co., Ltd. (“QTID” or the “Company”) at Ag-, with stable outlook. At the same time, CCXAP has affirmed its senior unsecured debt rating at 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).