News & Events
Hong Kong, 20 August 2025 – China Chengxin (Asia Pacific) Credit Ratings Company Limited (“CCXAP”) has upgraded the long-term credit rating of Heze Investment Development Group Co., Ltd. (“HZID” or the “Company”) to Ag-, with stable outlook. The rating upgrade is underpinned by the Company’s solid role as the most important state-owned capital operation entity in Heze City, with relatively high degree of business diversification and strong business sustainability.
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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).