Xiamen Tungsten upgraded to AAA credit rating

Xiamen Tungsten Co. Ltd. recently received a long-term corporate credit rating report from Lianhe Credit Rating Co. Ltd. Following a comprehensive analysis and evaluation, Lianhe Credit Rating has determined Xiamen Tungsten's long-term corporate credit rating to be AAA, with a stable outlook.

This upgrade marks an improvement from the company's previous AA+ rating. The elevation to an AAA rating underscores the company's strengthened comprehensive capabilities, which are expected to lead to reduced financing costs and expanded financing channels.

The improved credit rating holds positive implications for Xiamen Tungsten's long-term healthy and sustainable development, providing a solid foundation for future growth and financial flexibility.