Hong Kong, 8 July 2025 – China Chengxin (Asia Pacific) Credit Ratings Company Limited (“CCXAP”) has assigned a senior unsecured debt rating of Ag- to the proposed guaranteed sustainability CNY-denominated notes to be issued by Hong Kong Xiangyu Investment Co., Limited, a wholly owned subsidiary of XMXYG Corporation (formerly known as Xiamen Xiangyu Group Corporation, “Xiangyu Group” or the “Company”) (Ag-/positive), and to be unconditionally and irrevocably guaranteed by Xiangyu Group.
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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 General Corporate dated April 2019, available at www.ccxap.com (Rating Methodologies).