Hong Kong, 10 June 2026 – China Chengxin (Asia Pacific) Credit Ratings Company Limited ("CCXAP") has affirmed the long-term credit rating of Sichuan Xinyao Industrial Integration Industry Investment & Development Group Co., Ltd. (“XIDG” or the “Company”) at BBBg, with stable outlook. At the same time, CCXAP has affirmed the senior unsecured debt rating (guaranteed) of Ag+ to the Company’s existing USD bonds (ISIN: XS3177751131), and the senior unsecured debt rating (guaranteed) of Ag to the Company’s existing USD bonds (ISIN: HK0001151510).
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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. Methodologies used in this rating are the Rating Methodology for China’s Local Infrastructure Investment and Financing Companies dated July 2022 and the Rating Methodology for Financial Guarantors dated January 2022, available at www.ccxap.com (Rating Methodologies).