Longyuan construction group won AA main credit rating again!

Recently, united credit rating Co., Ltd. (hereinafter referred to as"Joint credit") through the public offering of the company and the company's proposed issuanceAThrough comprehensive analysis and evaluation of the credit status of convertible corporate bonds, it is determined that the long-term credit rating of the company isAA, public offeringAThe credit rating of convertible corporate bonds isAA, the rating outlook is stable. So far, the company has won the approval of two authoritative rating agenciesAASubject credit rating。

The rating report considers that:"The company has sufficient projects in hand,PPPThe project has a high payment collection performance rate and strong market competitivenessAfter the commencement, the company's revenue and profit scale are expected to maintain a certain scale, and the overall competitive strength is expected to be further enhanced. Based on the comprehensive assessment of the company's long-term credit status and the repayment ability of the current bonds, the company's debt repayment risk is very low, the risk of non repayment of the current bonds at maturity is very low, the safety is very high, and the cash inflow from the company's operating activities can guarantee the current bonds Strong strength. "

At present, the company has sufficient projects in hand,two thousand and twenty-oneAccumulated new business undertaken in the first half ofone hundred and four point six twoBillion yuan, an increase of traditional project business over the same period last year27.77%Among them, the proportion of non housing construction projects and non private businesses increased, and the order structure continued to be optimized;PPPThe project continues to enter the construction payment collection period, and the performance rate of government payment collection is high. With the increase of projects entering the operation period,PPPThe collection scale of the project will gradually expand and the cash flow will continue to improve. According to the five-year development strategic plan, the company follows the overall development policy of both light and heavy and professional coordination in business layout, and vigorously promotes diversified development. Long Yuanming, its subsidiaryBuilding "fully assembled multi-storey and high-rise steel structure residence"（S-SYSTEM）”It has become the first complete steel structure prefabricated house in the industry to pass the evaluation of scientific and technological achievements of the Ministry of housing and urban rural developmentSystem. Hangyu science and technology, a joint-stock company and the main contractor of ring forgings in the domestic aviation field, officially landed on the science and Innovation Board of Shanghai Stock Exchange, with considerable investment income in the future. The company will respond to the call of national policies and actively explore the business related to building photovoltaic integration by relying on existing resources.

In the future, the company will rely on Longyuan ecology, optimize resource allocation, develop mixed operation under the construction background, comprehensively improve its competitiveness and move towardsThe vision of "a better city builder and a happy life operator" continues to move forward!

Introduction to credit rating agencies:

United credit rating Co., Ltd. is one of the most professional and largest credit rating agencies in China. The company has complete business qualifications, has completed the filing with the people's Bank of China and the China Securities Regulatory Commission, and has been recognized by the national development and Reform Commission and the China Banking and Insurance Regulatory Commission. It is a member of the China interbank market dealers association, the China Insurance Asset Management Association, the China National Debt Association and the China Securities Association, It is qualified to engage in credit rating business in inter-bank market and exchange market, and has good market popularity and reputation.