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          October 06, 2021

          CCXAP downgrades Colour Life Services Group Co., Limited to Bg-; and places the rating on watch negative

          Hong Kong, 6 October 2021 – China Chengxin (Asia Pacific) Credit Ratings Company Limited (“CCXAP”) has downgraded the long-term credit rating of Colour Life Services Group Co., Limited (“Colour Life”) to Bg- from BBg-. At the same time, CCXAP has placed the rating on watch negative.

           

          Click HERE to download the press release.

           

          CCXAP’s public ratings are available at www.lxjqb2004.com (Rating Results) and may be distributed through media and other means. Methodology used in this rating is the Global Rating Methodology for Business and Customer Service Companies dated December 2019, available at www.lxjqb2004.com (Rating Methodologies).

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