News & Events

Hong Kong, 12 September 2025 – China Chengxin (Asia Pacific) Credit Ratings Company Limited (“CCXAP”) has assigned a senior unsecured debt rating (guaranteed) of A_g+ to the proposed guaranteed USD sustainability bonds to be issued by Sichuan Xinyao Industrial Integration Industry Investment & Development Group Co., Ltd. (“XIDG” or the “Company”) (BBB_g/stable).The bonds will be unconditionally and irrevocably guaranteed by Sichuan Development Financing Guarantee Co., Ltd. (“SDFG”).

Click HERE to download the press release.

CCXAP’s public ratings are available at www.ccxap.com (Rating Results) and may be distributed through media and other means. The methodology used in XIDG’s rating is the Rating Methodology for China’s Local Infrastructure Investment and Financing Companies (July 2022). The methodology used in SDFG’s assessment is the Rating Methodology for Financial Guarantors (January 2022), available at www.ccxap.com (Rating Methodologies).