CCXAP assigns Ag- to Qingdao West Coast New Area Ronghe Holding Group Co., Ltd.’s proposed Free Trade Zone CNY notes | News & Events | China Chengxin (Asia Pacific) Credit Ratings Company Limited

2023.4.17

CCXAP assigns Ag- to Qingdao West Coast New Area Ronghe Holding Group Co., Ltd.’s proposed Free Trade Zone CNY notes

Hong Kong, 17 April 2023 – China Chengxin (Asia Pacific) Credit Ratings Company Limited (“CCXAP”) has assigned a senior unsecured debt rating of A_g- to the proposed Free Trade zone CNY notes to be issued by Qingdao West Coast New Area Ronghe Holding Group Co., Ltd. (“Ronghe Holding” or the “Company”) (A_g-/stable).

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 July 2022, available at www.ccxap.com (Rating Methodologies).