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2026.3.27
CCXAP withdraws Qingdao Jiaozhou Bay Development Group Co., Ltd.’ ratings

Hong Kong, 27 March 2026 -- China Chengxin (Asia Pacific) Credit Ratings Company Limited (“CCXAP”) has withdrawn the ratings of Qingdao Jiaozhou Bay Development Group Co., Ltd. (“QJBD”) due to business reasons. At the same time, CCXAP has withdrawn QJBD’s senior unsecured debt rating. 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 the Rating Methodology for China’s Local Infrastructure Investment and Financing Companies (July 2022), available at www.ccxap.com (Rating Methodologies).