China Chengxin Securities Rating: Fantasia Group China cut t...

China Chengxin Securities Rating: Fantasia Group China cut to A from AA+, outlook negative. Bonds “18 Flower Year”, “19 Flower Year”, “19 Flower Year”, “20 Flower 01”, and “20 Flower 02” cut to A from AA+, put on the watch list for possible downgrade.

Flower Year Group (China) Co., Ltd. issued the “Notice on Credit Rating Adjustments and Corporate Bond Trading Mechanism Adjustments”. Prior to this rating adjustment, China Chengxin International Credit Rating Co., Ltd.'s main credit rating for Flower Year was AA+, and the rating outlook was “negative”; after this rating adjustment, the company's principal credit rating was A, and the rating outlook was “negative”, “18 Flower Year”, “19 Flower Year”, “19 Flower Year”, “19 Flower Year”, “20 Flower Year 02”, and “20 Flower 02.” The above entities and debt credit ratings are included Watch list for possible downgrades.