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CCXAP affirms Zhuhai Huafa Industrial Co., Ltd.’s long-term credit rating at BBg+, with stable outlook

Hong Kong, 18 June 2021 -- China Chengxin (Asia Pacific) Credit Ratings Company Limited (“CCXAP”) affirms the BBg+ long-term credit rating of Zhuhai Huafa Industrial Co., Ltd. (“Huafa Industrial” or the “Company”), with stable outlook.


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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).