On April 29, China Chengxin International Credit Rating Co., Ltd. (CCXI) upgraded the main credit rating of JIC Leasing to AAA and adjusted its credit outlook to "stable". Furthermore, the credit rating of bonds that are currently in the remaining period was also upgraded to AAA.

Established in 1992 with the approval of the head office of the People's Bank of China, CCXI is a professional institution for credit rating and risk investigation in China, and is one of the most authoritative credit rating institutions in the country. The rating result was determined by CCXI based on factors such as JIC Leasing's business development, financing channel expansion, and shareholder background.

The upgrading of the company's main credit rating to AAA will help JICLeasing improve its market image and continue to expand financing channels, reduce financing costs, promote professional development of its business, and serve the real economy.