Hong Kong, 28 August 2026 – China Chengxin (Asia Pacific) Credit Ratings Company Limited (“CCXAP”) has assigned a senior unsecured debt rating (guaranteed) of Ag to the proposed guaranteed CNY bonds to be issued by Chengdu Sino French Ecological Park Investment Development Co., Ltd. (“SFEP” or the “Company”) (BBBg+/Stable). The bonds will be unconditionally and irrevocably guaranteed by Chengdu-Chongqing Bond Insurance Co., Ltd. (“CCBI” or the “Guarantor”). The Company intends to use the proceeds to refinance its existing offshore indebtedness.
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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 (July 2022) and the Rating Methodology for Financial Guarantors (January 2022), available at www.ccxap.com (Rating Methodologies).