Yandong Oriental Group ranks among the highest credit "elite group"

robot
Abstract generation in progress

This article is reprinted from Yancheng Public News

Yandongfang Group Achieves Top Credit Rating “Formation”

Receives AAA Credit Rating from China Chengxin International and United Credit

News from this paper (Ji Hao, Chen Lin, Sun Qiang): Recently, two leading domestic credit rating agencies—China Chengxin International and United Credit—both awarded Yandongfang Industrial Investment Group Co., Ltd. the highest AAA credit rating, with a stable outlook. With this, Yandongfang Group successfully obtains a “dual certification” of AAA credit rating, officially entering the highest tier of corporate credit in China. This marks a historic leap, demonstrating recognition of its comprehensive strength, governance level, and market reputation by authoritative national agencies.

Yandongfang Group is owned by the Yancheng Municipal People’s Government, with a registered capital of 4.5 billion yuan. By the end of 2025, the group’s total assets will surpass 100 billion yuan, reaching approximately 110 billion yuan, firmly establishing itself as a “trillion-yuan state-owned enterprise.” In recent years, the group has focused on industrial investment, asset operation, and modern services to promote transformation and development. Especially through its “investment-driven recruitment, coordinated investment and recruitment, and win-win investment and recruitment” industrial investment model, it has achieved substantial returns, consistently earning around 1 billion yuan in investment income for five consecutive years. Its net profit attributable to the parent company and local tax revenue have exceeded 700 million yuan and 500 million yuan respectively, ranking among the top state-owned enterprises in the city. It has become a “star” in the capital market, investment circles, and state-owned enterprise transformation.

Receiving this “authoritative certification” not only means lower financing costs and broader financing channels but also signifies that its operational quality, management level, and credit image have been recognized at the highest level in the capital market. This provides strong credit momentum for further strengthening, optimizing, and expanding during the “14th Five-Year Plan” period and beyond. It will better serve as a “main force” in regional development and promote high-quality transformation driven by industrial investment, contributing to the group’s sustained growth and development.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin