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          December 30, 2019

          CCXAP Updated Rating Methodology for Business and Customer Service Companies

          Hong Kong, 30 December 2019 - China Chengxin (Asia Pacific) Credit Ratings (“CCXAP”) has published the revised version of global rating methodology for business and customer service companies. This rating methodology adopted by CCXAP applies to the companies that provide services to other businesses or customers.

           

          The revised methodology replaces the “Rating Methodology for Business and Customer Service Companies” published in June 2017, effective on 30 December 2019.

           

          Please click HERE for more information.

           

          To access the updated methodology, which is now publicly available, please go to www.lxjqb2004.com or click HERE.

           

          The implementation of the updated methodology will cause rating changes on some of our rated entities. The information of the rating changes is available by clicking HERE, which lists out the affected entities and their rating changes.

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