CCXAP affirms Shanghai Lingang Economic Development (Group) Co., Ltd.’s long-term credit rating at Ag+, with stable outlook | News & Events | China Chengxin (Asia Pacific) Credit Ratings Company Limited

2023.9.19

CCXAP affirms Shanghai Lingang Economic Development (Group) Co., Ltd.’s long-term credit rating at Ag+, with stable outlook

Hong Kong, 19 September 2023 – China Chengxin (Asia Pacific) Credit Ratings Company Limited (“CCXAP”) has affirmed Shanghai Lingang Economic Development (Group) Co., Ltd.’s (“Lingang Group”) long-term credit rating at A_g+, with stable outlook; affirmed the senior unsecured debt rating of the Company at 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).