News & Events

Hong Kong, 28 August 2026 – China Chengxin (Asia Pacific) Credit Ratings Company Limited (“CCXAP”) has affirmed Shandong Commercial Group Co., Ltd. (“Lushang Group” or the “Company”)’s long-term credit rating at BBB_g+, with stable outlook. At the same time, CCXAP has affirmed Lushang Group’s senior unsecured debt rating at A_g.

Click HERE to download the press release.

CCXAP’s public ratings are available at www.ccxap.com (Rating Results) and may be distributed through media and other means. Methodology used in Lushang Group’s rating is the Rating Methodology for General Corporate dated May 2026. The Methodology used in Bank of Beijing’s credit assessment is the Rating Methodology for Banks (November 2021). The Methodologies are available at www.ccxap.com (Rating Methodologies).