News & Events
Hong Kong, 20 November 2020 -- China Chengxin (Asia Pacific) Credit Ratings Company Limited (“CCXAP”) has affirmed the credit rating of Shangrao Investment Holding Group Co., Ltd. (“SRIHG” or “the Company”) at BBBg+ with a stable outlook, following the publication of rating methodology for regional and local governments and rating methodology for China’s local infrastructure investment and financing companies on 22 May 2020.
CCXAP has also simultaneously withdrawn the long-term credit rating of SRIHG for its own business reasons. Please refer to CCXAP’s credit rating withdrawal policies, available at www.ccxap.com (Rating Services > > Rating Definition and Meaning).
Click HERE to download the press release.
CCXAP’s public ratings are available at www.ccxap.com (Rating Results). The methodology used in this rating is Rating Methodology of China’s Local Infrastructure Investment and Financing Companies dated May 2020, available at www.ccxap.com (Rating Methodologies).