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

2024.4.15

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

Hong Kong, 15 April 2024 – China Chengxin (Asia Pacific) Credit Ratings Company Limited (“CCXAP”) has assigned a senior unsecured debt rating of A_g- to the proposed CNY bonds 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).