CCXAP assigns first-time BBBg+ to Nanning Communications Investment Group Co., Ltd., with stable outlook | News & Events | China Chengxin (Asia Pacific) Credit Ratings Company Limited

2020.3.13

CCXAP assigns first-time BBBg+ to Nanning Communications Investment Group Co., Ltd., with stable outlook

Hong Kong, 13 March 2020 -- China Chengxin (Asia Pacific) Credit Ratings (“CCXAP”) has assigned a first-time long-term credit rating of BBB_g+ to Nanning Communications Investment Group Co., Ltd. (“NNCIG” or the “Company”). The rating outlook is stable.

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CCXAP’s public ratings are available at www.ccxap.com (Rating Results->Corporate Ratings) and may be distributed through media and other means. The methodology used in this rating is Rating Methodology for China’s Local Government Financing Vehicles dated June 2017, available at www.ccxap.com (Rating Process -> Rating Methodology).