Group 1 - The core viewpoint of the news is that Dongying City Urban Asset Operation Co., Ltd. has received an "AA+" rating from China Chengxin International, indicating strong economic and financial growth in Dongying City, along with robust industrial development and significant potential support capabilities [1][2] - Dongying City Urban Asset Operation Co., Ltd. was established on November 14, 2003, with an initial registered capital of 126 million yuan, which has increased to 1.456 billion yuan by the end of 2024 due to multiple capital increases and equity transfers [2] - The company is primarily responsible for urban development and public utility investment operations in Dongying City, with a focus on urban development and regional gas supply, while also engaging in real estate and trade businesses [2] Group 2 - The ownership structure of the company includes Dongying City Urban Construction Development Group Co., Ltd. holding 74.8626% and Dongying City Land and Mineral Development Service Center holding 25.1374%, with the actual controller being the Dongying Municipal Government State-owned Assets Supervision and Administration Commission [2] - China Chengxin International anticipates that the credit level of Dongying City Urban Asset Operation Co., Ltd. will remain stable over the next 12 to 18 months [2]