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Regulatory Disclosure

The following corporations each provided more than 5% of the total revenue to CCXAP in 2017:



China Minsheng Jiaye Investment Co., Ltd.


Future Land Holdings Group Co. Ltd.


HNA Group (International) Co.,Ltd.


Hong Kong International Construction Investment Management Group Co., Limited


Red Star Macalline Group Corporation Ltd.


Sino Ocean Group Holding Ltd.


Zhongchengxin (HK) Investment Services Limited



The compensation received from Zhongchengxin (HK) Investment Services Limited is unrelated to CCXAP's credit rating services.