Credit rating of Gaoxin Group upgraded
Hefei Gaoxin Development and Investment Group Co was recently ratified as an enterprise with AA+ - level credit rating by a domestic professional rating agency.
According to regulations of the People's Bank of China, the AA+ is the second highest level in evaluating an enterprise's credit, which means that the enterprise is extremely reliable in repaying debts, has low risk of default, and will be less affected by an unstable economic environment.
The upgraded credit rating will help to improve the company's brand image and social influence, give the company stronger bargaining power in the capital market, further expand direct financing methods, and better serve Hefei National High-tech Industry Development Zone with lower financing costs.
In recent years, the company has improved its business operation capability and management level and is striving to upgrade its financing platforms and investment arragements.





