CCXAP affirms Ronshine China Holdings Limited’s long-term credit rating at BBg+, with stable outlook | News & Events | China Chengxin (Asia Pacific) Credit Ratings Company Limited

2021.6.17

CCXAP affirms Ronshine China Holdings Limited’s long-term credit rating at BBg+, with stable outlook

Hong Kong, 17 June 2021 -- China Chengxin (Asia Pacific) Credit Ratings Company Limited (“CCXAP”) has affirmed the long-term credit rating of Ronshine China Holdings Limited (“Ronshine” or the “Company”) at BB_g+, with stable outlook. At the same time, CCXAP has affirmed Ronshine’s BB_g+ senior unsecured debt rating.

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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 Global Rating Methodology for Real Estate Development Industry dated December 2019, available at www.ccxap.com (Rating Methodologies).