CCXAP upgrades Chongqing Nan’an Urban Construction & Development (Group) Co., Ltd.’s long-term credit rating to Ag-, with stable outlook. | News & Events | China Chengxin (Asia Pacific) Credit Ratings Company Limited

2026.6.23

CCXAP upgrades Chongqing Nan’an Urban Construction & Development (Group) Co., Ltd.’s long-term credit rating to Ag-, with stable outlook.

Hong Kong, 23 June 2026 – China Chengxin (Asia Pacific) Credit Ratings Company Limited (“CCXAP”) has upgraded Chongqing Nan’an Urban Construction & Development (Group) Co., Ltd. (“CQNA” or the “Company”)’s long-term credit rating to A_g- from BBB_g+, with stable outlook. At the same time, CCXAP has upgraded its senior unsecured debt rating to A_g-.

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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).