Credit Rating Committee [2020] No. 2342

Tsinghua Holdings Co.,Ltd.,

China Chengxin International Credit Rating Company made a tracking rating on the credit status and debts of your company. According to our assessment, the credit grade of your company is AAA, and the credit rating outlook of your company is stable. The credit grades of the 15 Tsinghua Holdings MTN003 and 18 Tsinghua Holdings MTN001 are AAA. 

China Chengxin International Credit Rating Co., Ltd.

June 30, 2020