CCXAP assigns first-time long-term credit rating of Ag- to Qingdao West Coast New Area Ronghe Holding Group Co., Ltd., with stable outlook | News & Events | China Chengxin (Asia Pacific) Credit Ratings Company Limited

2022.9.28

CCXAP assigns first-time long-term credit rating of Ag- to Qingdao West Coast New Area Ronghe Holding Group Co., Ltd., with stable outlook

Hong Kong, 28 September 2022 – China Chengxin (Asia Pacific) Credit Ratings Company Limited (“CCXAP”) has assigned a first-time A_g- long-term credit rating to Qingdao West Coast New Area Ronghe Holding Group Co., Ltd. (“Ronghe 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).