2023年度第一期中期票据

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河南资产管理有限公司2023年度第一期中期票据跟踪评级获“AAA”评级
Sou Hu Cai Jing· 2025-07-31 07:21
Core Viewpoint - The rating agency China Chengxin International has maintained the "AAA" rating for Henan Asset Management Co., Ltd. for its 2023 first phase medium-term notes, indicating strong support from shareholders and good debt repayment indicators [1] Group 1: Rating and Support - The rating reflects the company's strong shareholder support and prominent strategic position [1] - The company's debt repayment indicators are performing well, contributing positively to its business development and credit level [1] Group 2: Economic Challenges - The agency has noted that macroeconomic downturns and capital market fluctuations are putting pressure on the company's asset quality [1] - The company has a significant amount of existing non-performing asset packages, which could impact its operations and overall credit status [1] - Equity investments and debt-to-equity swap projects are susceptible to capital market volatility, posing additional risks [1] Group 3: Future Outlook - The credit level of Henan Asset Management Co., Ltd. is expected to remain stable over the next 12 to 18 months [1]
南宁威宁投资集团有限责任公司2023年度第一期中期票据获“AA+”评级
Sou Hu Cai Jing· 2025-07-30 05:22
Core Viewpoint - Nanning Weining Investment Group Co., Ltd. received an "AA+" rating from United Ratings for its 2023 first phase medium-term notes, indicating strong financial stability and government support [1]. Group 1: Company Overview - The company is a significant state-owned asset management and public service facility investment entity in Nanning, with a clear functional positioning and high regional importance [1]. - The company has a diversified business model, engaging in public service facilities, affordable housing projects, agricultural products, and trade circulation [1]. Group 2: Financial Performance - In 2024, the company is expected to see a slight year-on-year increase in total operating revenue due to the expansion of trade categories, despite facing losses in real estate operational profits due to a sluggish housing market [1]. - Overall, the company exhibits low operational risk, with good asset quality and average liquidity [1]. - The company has a heavy debt burden, with average performance in debt repayment capacity, although credit channels remain open [1].