CCXAP upgrades the long-term credit rating of Yancheng City Assets Investment Group Company Limited to Ag, with stable outlook. | News & Events | China Chengxin (Asia Pacific) Credit Ratings Company Limited

2026.6.23

CCXAP upgrades the long-term credit rating of Yancheng City Assets Investment Group Company Limited to Ag, with stable outlook.

Hong Kong, 23 June 2026 – China Chengxin (Asia Pacific) Credit Ratings Company Limited (“CCXAP”) has upgraded the long-term credit rating of Yancheng City Assets Investment Group Company Limited (“YCAI” or the “Company”) to A_g from A_g-, reflecting the Company’s improved financial flexibility underpinned by prudent debt management, and its continued strategic importance in Yancheng City, which sustains the ongoing government support.

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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).