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Guiyang firm awarded AA+ credit rating

english.guiyang.gov.cn|Updated: 2023-12-14

Recently, Guiyang Industrial Investment Co was awarded an AA+ credit rating in the industrial category by Shanghai Brilliance Credit Rating & Investors Service Co, a leading credit rating agency in China.

This makes Guiyang Industrial Investment Co the first enterprise in Guiyang to achieve such a rating.

The issuer credit rating is a comprehensive evaluation of the debt-paying ability and willingness of securities issuers and economic entities in both the Chinese and international markets. It serves as a benchmark for measuring the level of modern management in enterprises.

The credit rating reflects the high recognition of Guiyang Industrial Investment Co's asset quality, debt-paying ability, comprehensive strength, and development prospects in the domestic credit field.

It signifies that the company's capital operation capability has reached a new level and will be beneficial for further expanding financing channels, optimizing the structure of financing, and reducing financing costs.

From 2019 to 2023, Guiyang Industrial Investment Co's total assets increased from 33.6 billion yuan ($4.68 billion) to 46.5 billion yuan, and its revenue increased from 8.1 billion yuan to 15.5 billion yuan.


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