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CCXAP assigns first-time long-term credit rating of Ag- to Guangdong Shunde Holding Group Co., Ltd., with stable outlook.

Hong Kong, 4 August 2022 – China Chengxin (Asia Pacific) Credit Ratings Company Limited (“CCXAP”) has assigned a first-time Ag- long-term credit rating to Guangdong Shunde Holding Group Co., Ltd. (“Shunde Holding”), 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 Rating Methodology for China’s Local Infrastructure Investment and Financing Companies dated July 2022, available at www.ccxap.com (Rating Methodologies).