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CCXAP assigns first-time Ag- rating to Nantong Coastal Development Co., Ltd, with stable outlook

Hong Kong, 29 December 2021 -- China Chengxin (Asia Pacific) Credit Ratings Company Limited (“CCXAP”) has assigned a first-time Ag- long-term credit rating to Nantong Coastal Development Co., Ltd (“NTCD”), 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).