CCXAP assigns first-time long-term credit rating of BBBg to Taixing City Investment Development Group Co., Ltd., with stable outlook | News & Events | China Chengxin (Asia Pacific) Credit Ratings Company Limited

2023.1.19

CCXAP assigns first-time long-term credit rating of BBBg to Taixing City Investment Development Group Co., Ltd., with stable outlook

Hong Kong, 19 January 2023 – China Chengxin (Asia Pacific) Credit Ratings Company Limited (“CCXAP”) has assigned a first-time long-term credit rating of BBB_g to Taixing City Investment Development Group Co., Ltd. (“TXCI” 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 Rating Methodology for China’s Local Infrastructure Investment and Financing Companies dated July 2022, available at www.ccxap.com (Rating Methodologies).