China Chengxin Asia Pacific Credit Ratings Company

China Chengxin (Asia Pacific) Credit Ratings Company Limited was established under the Hong Kong Companies Ordinance in October 2010 and received a Type 10 license (Providing Credit Rating Services) from the Hong Kong Securities and Futures Commission on 28 June 2012, becoming the first Chinese credit rating company from the Mainland operating in the international market. China Chengxin (Asia Pacific) Credit Ratings Company Limited is a subsidiary of China Chengxin Credit Management Co. Ltd., the first Chinese credit rating company established in 1992, which subsequently established China Chengxin Securities Rating Company and formed China Chengxin International Credit Rating Company Limited with Moody’s. Together, the companies provide a full range of credit-rating services to corporations and institutions issuing debts in the Chinese domestic market. The China Chengxin Credit Rating Group has rated more than 9,000 corporations, banks, and financial institutions in China over the past 20 years. Its achievements and contributions to the development of the Chinese credit rating market are mirrored by its biggest critical mass, largest overall market share, and highest rank on the league table.