CCXAP affirms Shangrao City Construction Investment Development Group Company Limited’s long-term credit rating at BBBg+, with stable outlook. | News & Events | China Chengxin (Asia Pacific) Credit Ratings Company Limited

2025.6.25

CCXAP affirms Shangrao City Construction Investment Development Group Company Limited’s long-term credit rating at BBBg+, with stable outlook.

Hong Kong, 25 June 2025 – China Chengxin (Asia Pacific) Credit Ratings Company Limited (“CCXAP”) has affirmed Shangrao City Construction Investment Development Group Company Limited (“SCID” or the “Company”)’s long-term credit rating at BBB_g+, with stable outlook. At the same time, CCXAP has affirmed its senior unsecured debt rating of BBB_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).