JCHX Mining's AA credit rating affirmed for company, convertible bonds

JCHX Mining Management Co., Ltd. announced that China Lianhe Credit Rating Co., Ltd. has affirmed its AA long-term credit rating for both the company and its "JIN-CHENG-XIN Convertible Bonds," with a stable outlook. This rating, effective from November 14, 2025, remains unchanged from the previous assessment. The assessment highlights the company's strong competitive position as a mining service provider, its diversified business operations, and a robust project pipeline including 35 large-scale mining projects across China and internationally.

The latest follow-up rating report by China Lianhe Credit Rating Co., Ltd. indicates JCHX Mining's consolidated asset base grew to 19.62 bn yuan by September 2025, with total operating revenue reaching 9.93 bn yuan and total profit at 2.42 bn yuan during January-September 2025. These figures demonstrate a strong financial performance. As of September 2025, the remaining contract value for mining engineering and mining operation management services totaled 18.51 bn yuan, providing a solid foundation for continued business growth.

The company's stable credit outlook is supported by strong profitability, robust debt repayment indicators, and diversified financing channels. The report acknowledges potential risks associated with an increasing proportion of overseas revenue, including political, economic, and exchange rate fluctuations. The "JIN-CHENG-XIN Convertible Bonds" have an outstanding balance of 20.00 bn yuan as of October 2025, and are scheduled to mature on September 26, 2031.