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Winning Health Technology Group Co., Ltd.
2026 Follow-up Rating Report for Relevant Bonds
CSCI Pengyuan Tracking No. [2026] 522 01
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CSCI Pengyuan Credit Rating Co., Ltd.
Winning Health Technology Group Co., Ltd. 2026 Follow-up Rating Report for Relevant Bonds
Rating Results
| Current Rating | Previous Rating | |
|---|---|---|
| Issuer Credit Rating | AA | AA |
| Rating Outlook | Negative | Stable |
| Winning Convertible Bonds | AA | AA |
Rating Date: June 29, 2026
Rating View
The rating is determined considering that Winning Health Technology Group Co., Ltd. (hereinafter referred to as "Winning Health" or "the Company", stock code: 300253.SZ) is one of the leading enterprises in the domestic medical information industry with strong R&D capabilities. During the tracking period, the company continued to iterate and update AI intelligent products, and its backlog of orders can still provide support for its main business. However, CSCI Pengyuan also notes that during the tracking period, the company's actual controller received a criminal conviction, the balance of unconverted convertible bonds is large, and subsequent conversion and repayment situations need to be monitored. In 2025, the company's revenue declined, performance showed a large loss, future profitability remains uncertain, and there are risks of investment losses and goodwill impairment. The scale of accounts receivable is large, and recovery risks need to be monitored.
Company Main Financial Data and Indicators (Unit: 100 million Yuan)