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CCXAP affirms Yancheng Oriental Investment & Development Group Co., Ltd. at BBBg, with stable outlook

Hong Kong, 31 July 2023 -- China Chengxin (Asia Pacific) Credit Ratings Company Limited (“CCXAP”) has affirmed the long-term credit rating of 31 July 2023 (“YHZI” or the “Company”) at BBBg, with stable outlook. At the same time, CCXAP has affirmed YOID’s BBBg senior unsecured debt rating.


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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 July 2022, available at www.ccxap.com (Rating Methodologies).