Securities Code: 300614
Bond Code: 123175
Securities Abbreviation: Baichuan Changyin
Bond Abbreviation: Baichang Convertible Bond
Announcement Number: 2026-042
Henan Baichuan Changyin Environmental Energy Co., Ltd.
Announcement on Changes to the Credit Rating of Convertible Corporate Bonds
The Company and all members of the Board of Directors guarantee the content of the information disclosure is true, accurate, and complete, and that there are no false records, misleading statements, or major omissions.
Special Reminder:
Before adjustment: "Baichang Convertible Bond" rating was A, issuer credit rating was A, outlook was stable.
After adjustment: "Baichang Convertible Bond" rating is BBB+, issuer credit rating is BBB+, outlook is stable.
Henan Baichuan Changyin Environmental Energy Co., Ltd. (hereinafter referred to as the "Company") recently received the "Henan Baichuan Changyin Environmental Energy Co., Ltd. Bond 2026 Annual Tracking Rating Report" (Zhongpengxinpong [2026] Tracking No. [160] 01) issued by China Chengxin International Credit Rating Co., Ltd. (hereinafter referred to as "CCXI"). CCXI has adjusted the Company's issuer credit rating from A to BBB+ and the rating of "Baichang Convertible Bond" from A to BBB+, with a stable outlook. The relevant situation is disclosed as follows: