China Chengxin International Credit Rating Co., Ltd.（"CCXI"）was founded in October 1992. Approved by the Head Office of the People’s Bank of China, CCXI was the first nation-wide non-bank financial institution engaged in credit rating, financial bond consulting and information services in China.

CCXI engaged in credit rating business in the inter-bank market, exchange market, overseas market and investor services. Based in Beijing, and branches in Shanghai and Wuhan, and regional bases in Shenzhen, Hong Kong and other places. CCXI’s subsidiary, Chengxin (Asia Pacific) Credit Ratings Co., Ltd ("CCXAP") is the first Chinese rating agency to obtain Type 10 rating license awarded by SFC and to be qualified to provide credit rating services in the offshore and international market. China Chengxin Green Finance Technology (Bejing) Ltd. deeply engaged in the field of green finance and committed to providing professional and independent green finance evaluation and consulting services.

LIANHE GLOBAL: LARGEST CHINESE INTERNATIONAL RATING AGENCY

Founded in 2017, Lianhe Global is a Type 10 license holder approved by the HKSFC to provide credit rating services. Lianhe Global is a wholly-owned subsidiary of China Lianhe Credit Rating Co., Ltd. (“China Lianhe”) and is the first and only one Chinese international rating agency to publish over 100 ratings for both issuers and issuances. As the largest Chinese international rating agency in terms of total rated debt amounts, Lianhe Global has rated a cumulative amount exceeding USD 24 billion, capturing approximately 80% market share of all issuance ratings by Chinese international rating agencies.

Lianhe Global is an international rating agency with extensive footprint in China. Through the domestic linkage with China Lianhe, Lianhe Global has access to a well-established and broad network of Chinese investors, bankers and issuers. Meanwhile, Lianhe Global strictly follows the international rating process and standard. Half of its employees have profound work experience across industries and products in the Big 3 international rating agencies.

Lianhe Global has been adhering to the motto of open-mindedness, diligence, and professionalism, and is committed to serving the capital market needs of debt issuers, and providing professional, objective, and valuable credit insights for international investors. It is our mission and responsibility to improve the competitiveness of indigenous Chinese rating agencies above and beyond China in the international capital market.