CCXAP upgrades Shangrao Innovation Development Industry Investment Group Co., Ltd.’s long-term credit rating to BBBg-, with stable outlook | News & Events | China Chengxin (Asia Pacific) Credit Ratings Company Limited

2022.3.31

CCXAP upgrades Shangrao Innovation Development Industry Investment Group Co., Ltd.’s long-term credit rating to BBBg-, with stable outlook

Hong Kong, 31 March 2022 – China Chengxin (Asia Pacific) Credit Ratings Company Limited (“CCXAP”) has upgraded the long-term credit rating of Shangrao Innovation Development Industry Investment Group Co., Ltd.’s (“SIIG” or the “Company”) to BBB_g- from BB_g+.

Click HERE to download the press release.

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 May 2020, available at www.ccxap.com (Rating Methodologies).