中证协与银行间协会发布2025年度信用评级机构联合市场化评价结果

Core Viewpoint - The joint market evaluation results for credit rating agencies for the year 2025 have been released by the China Securities Association and the National Association of Financial Market Institutional Investors, reflecting the compliance, quality of practice, and service capabilities of the participating agencies [1] Group 1: Evaluation Process - The evaluation was conducted based on the "Joint Market Evaluation Method for Credit Rating Agencies in the Bond Market" [1] - The results reflect the performance of the participating agencies in 2024, focusing on their compliance, internal control, and service quality [1] - The evaluation does not assess the creditworthiness or business qualifications of the rating agencies [1] Group 2: Evaluation Results - A total of 13 agencies using the issuer-paid model were evaluated, with the top 80% classified as Category II and the bottom 20% as Category III [1] - The top ten agencies in Category II include: 1. China Chengxin International Credit Rating Co., Ltd. 2. Dongfang Jincheng International Credit Evaluation Co., Ltd. 3. United Ratings Co., Ltd. 4. Fitch Bohua Credit Rating Co., Ltd. 5. China Bond Rating Co., Ltd. 6. S&P Global Ratings (China) Co., Ltd. 7. Anrong Credit Rating Co., Ltd. 8. Antai Credit Rating Co., Ltd. 9. Dagong Global Credit Rating Co., Ltd. 10. Dapeng Credit Rating Co., Ltd. [1]