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

2023.8.28

CCXAP affirms Qingdao West Coast New Area Ronghe Holding Group Co., Ltd.’s long-term credit rating at Ag-, with stable outlook

Hong Kong, 28 August 2023 -- China Chengxin (Asia Pacific) Credit Ratings Company Limited (“CCXAP”) has affirmed Qingdao West Coast New Area Ronghe Holding Group Co., Ltd.’s long-term credit rating at A_g-, with stable outlook. At the same time, CCXAP has affirmed its senior unsecured debt rating of A_g-.

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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).