年报再度“难产”！两家评级机构齐发公告，延迟出具朝阳银行2025年度跟踪评级报告

Core Viewpoint - The recent announcements by Dagong Global Credit Rating and United Ratings regarding the delay in disclosing the 2025 annual tracking rating report for Chaoyang Bank have raised market concerns about the bank's credit status and operational transparency [1][3]. Group 1: Rating Agencies' Actions - Dagong Global was commissioned by Chaoyang Bank to rate its "17 Chaoyang Bank Tier 2" bonds, which are still in circulation in the Chinese interbank bond market. The rating report was originally due by July 31, 2025, but has been delayed due to the bank's ongoing reform efforts [1]. - United Ratings, also commissioned by Chaoyang Bank, has noted that the bank has not disclosed its annual reports for 2021-2023, leading to a lack of sufficient information for accurate credit assessments. The last rating for the "16 Chaoyang Bank Tier 2" bond was AA/stable, with a current balance of 800 million yuan [3][5]. Group 2: Impact of Delays - The delays in the disclosure of annual reports and the tracking rating reports create uncertainty regarding the operational activities and credit ratings of Chaoyang Bank. Both rating agencies have indicated that they will resume their rating processes once the necessary information is made available [1][3].