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Hong Kong, 13 November 2025 – China Chengxin (Asia Pacific) Credit Ratings Company Limited (“CCXAP”) has assigned a senior unsecured debt rating (credit-enhanced) of A_g+ to the proposed SBLC-supported sustainability bonds to be issued by Sichuan Gloport Investment Development Group Co., Ltd. (“SGID” or the “Company”) (BBB_g+/positive). The bonds are fully supported by an irrevocable standby letter of credit (“SBLC”) from Bank of Shanghai Co., Ltd., Chengdu Branch (“Bank of Shanghai” or the “LC Bank”). The Company intends to use the proceeds for refinancing its existing offshore indebtedness in accordance with the Sustainable Finance Framework.

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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).