CCXAP upgrades Jinan Lixia Holding Group Co., Ltd.’s long-term credit rating to Ag-, with stable outlook. | News & Events | China Chengxin (Asia Pacific) Credit Ratings Company Limited

2025.11.24

CCXAP upgrades Jinan Lixia Holding Group Co., Ltd.’s long-term credit rating to Ag-, with stable outlook.

Hong Kong, 24 November 2025 – China Chengxin (Asia Pacific) Credit Ratings Company Limited (“CCXAP”) has upgraded the long-term credit rating of Jinan Lixia Holding Group Co., Ltd. (“Lixia Holding” or the “Company”) to A_g- from BBB_g+, with stable outlook. At the same time, CCXAP has upgraded Lixia Holding’s senior unsecured debt rating to A_g- from BBB_g+.

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. 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).