SPDB retains AAA rating on convertible bonds

Shanghai Brilliance Credit Rating & Investors Service Co., Ltd. reaffirmed SPDB's AAA credit rating on its publicly issued convertible corporate bonds, citing the bank's strong business advantages, significant industry position, and government support. The rating agency also maintained a "stable" outlook for SPDB. This assessment reflects SPDB's established "1-5-5-5-4-3" digital strategy and leading market position.