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CCXAP assigns first-time long-term credit rating of BBBg- to Jinan Economic Development Investment Co., Ltd., with stable outlook

Hong Kong, 24 December 2021 -- China Chengxin (Asia Pacific) Credit Ratings Company Limited (“CCXAP”) has assigned a first-time BBBg- long-term credit rating to Jinan Economic Development Investment Co., Ltd. (“JEDI”), with stable outlook.


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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 May 2020, available at www.ccxap.com (Rating Methodologies).