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CCXAP affirms Yancheng City Assets Investment Group Company Limited’s long-term credit rating at BBBg+, with stable outlook

Hong Kong, 29 June 2023 -- China Chengxin (Asia Pacific) Credit Ratings Company Limited (“CCXAP”) has affirmed the long-term credit rating of Yancheng City Assets Investment Group Company Limited (“YCAI” or the “Company”) at BBBg+, 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).