Core Viewpoint - China Chengxin International has assigned an "AAA" rating to Caitong Securities Co., Ltd.'s public bond issuance, highlighting the company's competitive advantages and strong capital strength while noting challenges in market stability and business structure adjustments [1][3]. Group 1: Company Overview - Caitong Securities was established in 1993 as Zhejiang Financial Securities Company and underwent several transformations, including a name change in 2009 and becoming a joint-stock company in 2013 [2]. - The company went public in 2017, issuing 359 million A-shares and increasing its registered capital to 3.589 billion yuan [2]. - As of September 2024, the company's paid-in capital stands at 4.644 billion yuan, with Zhejiang Jin Kong as the controlling shareholder, holding 29.16% [2]. Group 2: Rating and Future Outlook - The "AAA" rating reflects Caitong Securities' significant regional competitive advantages and strong asset management capabilities [1]. - China Chengxin International expects the company's credit level to remain stable over the next 12 to 18 months [3].
财通证券股份有限公司2025年面向专业投资者公开发行公司债券(第一期)获“AAA”评级