CCXAP assigns BBBg+ to Jiaozuo State-owned Capital Operation (Holding) Group Co., Ltd.’s proposed USD bonds | News & Events | China Chengxin (Asia Pacific) Credit Ratings Company Limited

2025.7.23

CCXAP assigns BBBg+ to Jiaozuo State-owned Capital Operation (Holding) Group Co., Ltd.’s proposed USD bonds

Hong Kong, 23 July 2025 – China Chengxin (Asia Pacific) Credit Ratings Company Limited (“CCXAP”) has assigned a senior unsecured debt rating (guaranteed) of BBB_g+ to the proposed USD bonds to be issued by Jiaozuo State-owned Capital Operation (Holding) Group Co., Ltd. (“JZSC”) (BBB_g+/Stable).

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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. Methodologies used in this rating is the Rating Methodology for General Corporate dated April 2019, available at www.ccxap.com (Rating Methodologies).