2025.12.12
CCXAP affirms the long-term credit rating of Fu Gang Construction Group Co., Ltd. at BBBg, with a stable outlook.
Hong Kong, 12 December 2025 -- China Chengxin (Asia Pacific) Credit Ratings Company Limited (“CCXAP”) has affirmed the long-term credit rating of Fu Gang Construction Group Co. Limited (“Fu Gang” or the “Company”) at BBBg, with stable outlook. At the same time, CCXAP has affirmed Fu Gang’s senior unsecured debt rating (SBLC-supported) at Ag/Ag+.
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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 China’s Local Infrastructure Investment and Financing Companies dated July 2022, available at www.ccxap.com (Rating Methodologies).