China Chengxin International Credit Rating Co., Ltd. (CCXI) upgraded the main credit rating of JIC Leasing to AAA, with stable credit outlook, and upgraded the credit rating of its maturity bond to AAA On April 29.

CCXI is one of the most authoritative credit rating agencies in China. The rating result by CCXI was based on evaluations of JIC Leasing's business development, financing channel expansion, shareholder’s background and other factors.

This adjustment of the main credit rating to AAA level will help JIC Leasing improve its market image, expand its financing channels, reduce its financing costs, promote specific development of its business, so as to better enable it to serve the real economy.