太仓娄城高新集团有限公司主体等级获“AA+”评级

Core Viewpoint - The credit rating agency, China Chengxin International, has assigned an "AA+" rating to Taicang Loucheng High-tech Group Co., Ltd, indicating strong economic and financial strength of the Taicang High-tech Industrial Development Zone [1] Group 1: Company Overview - Taicang Loucheng High-tech Group Co., Ltd is a significant subsidiary of Taicang High-tech Holdings Co., Ltd, playing a crucial role in infrastructure and affordable housing construction and asset operation in the Taicang High-tech Zone [1][2] - The company was established in April 1993 and transitioned from a state-owned enterprise to a limited liability company in 2017, with the Taicang High-tech Zone Management Committee as its actual controller and majority shareholder [2] - As of March 2025, the company's registered and paid-in capital stands at 7 billion RMB [2] Group 2: Financial and Operational Insights - The company is expected to maintain a growing asset scale, which will support its recognition in the capital market and strong refinancing capabilities [1] - As of March 2025, the company has 70 subsidiaries under its consolidated financial statements, all of which are under its actual control [2] - The agency anticipates that the credit level of Taicang Loucheng High-tech Group will remain stable over the next 12 to 18 months [3] Group 3: Risks and Challenges - There are uncertainties regarding the income from investment properties, insufficient asset liquidity, rapid growth in debt levels, and increasing immediate repayment pressure that could impact the company's operations and overall credit status [1]