Golden Credit International Rating Co., Ltd. ORIENT GOLDEN CREDIT RATING INTERNATIONAL CO., LTD. Announcement from Golden Credit International Rating Co., Ltd. Regarding the Termination of the Rating for Ningbo Xingrui Electronic Technology Co., Ltd. and "Xingrui Convertible Bonds"
Golden Credit Announcement [2026] No. 0270
Golden Credit International Rating Co., Ltd. (hereinafter referred to as "Golden Credit") was entrusted to conduct a credit rating for Ningbo Xingrui Electronic Technology Co., Ltd. (hereinafter referred to as "Xingrui Technology" or "the Company") and its issued "2023 Ningbo Xingrui Electronic Technology Co., Ltd. Offering of Convertible Bonds to Unspecified Targets" (hereinafter referred to as "Xingrui Convertible Bonds"). On June 20, 2025, Golden Credit conducted a regular tracking rating for Xingrui Technology's主体 and "Xingrui Convertible Bonds," maintaining Xingrui Technology's主体 credit rating at AA- with a stable outlook, and maintaining the "Xingrui Convertible Bonds" credit rating at AA-, with the rating results valid during the term of the above-mentioned debt.